03 Staff Report - FY 2006-07 Annual Report~pW N 0 i
COUNCIL AGENDA REPORT
~S GASO
DATE: OCTOBER 11, 2007
MEETING DATE: 10/15/2007
ITEM NO:
3
TO: MAYOR AND TOWN COUNCIL
FROM: PAMELA S. JACOBS, INTERIM TOWN MANAGER f` ~t
SUBJECT: ACCEPT FY 2006-07 ANNUAL REPORT
RECOMMENDATION:
Accept FY 2006-07 Annual Report.
BACKGROUND:
Town Code requires the Town Manager to submit to the Town Council a report on the finances and
administrative activities of the Town at the end of the fiscal year. The first quarter budget report
presented to Council on October 15, 2007 provides an overview of the Town's financial status. Detailed
information on the Town's finances for last fiscal year will be provided in the Comprehensive Annual
Financial Report (CAFR) presented to Council in early 2008.
Prior to FY 2002-2003, staff provided a report to Council regarding activities and accomplishments in
memorandum form. Beginning in FY 2002-2003, the annual report has been produced in newsletter
fonnat and delivered to Los Gatos households.
DISCUSSION:
Attached is a copy of the annual report for FY 2006-07. The newsletter version will be available and
mailed to all Los Gatos addresses the week of October 15th following the Council meeting. Additional
copies of the Annual Report will be available for distribution throughout the year.
ENVIRONMENTAL ASSESSMENT:
Is not a project defined under CEQA, and no further action is required.
f fin C,
PREPARED BY: PAMELA S. JACOBS
Interim Town Manager
PSJ:pg
N:\MGR\AdminWorkFiles\2007 Council Reports\2005-06 Annual Report.doc
Reviewed by: Assistant Town Manager !-,f `own Attorney
Clerk Administrator finance Community Development
PAGE 2
MAYOR AND TOWN COUNCIL
SUBJECT: ACCEPT FY 2006-07 ANNUAL REPORT
October 11, 2007
FISCAL IMPACT:
Funds for producing the incremental cost for printing the Fiscal Year 2005-06 Annual Report are
available in the Town Manager's budget.
Attachment: FY 2006-07 Annual Report (black and white version)
SMALL TOWN SERVICE COMMUNITY STEWARDSHIP - FUTURE FOCUS
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f,~rb Sir nor
One of the m, --t important jobs ofyour Town government
is to maintain a broad array of public facilities that serve
the community. The Town's public facilities range from
infrastructure such as streets, sidewalks, signs, traffic lights, Lione M4 NM 'i
to outdoor public places, such as parks, trails, open spaces %,N,c vvassc r wzw
and playing fields to buildings, such as Town Hall (with
police, library, community development and administrative service~), the
Corporation Yard and the Neighborhood Center.
For all of these facilities, it's important for the Town to plan ahead to keep
the facilities in a safe and operational condition and to ensure they meet the
needs of the community. The Capital Improvement Program and the General
Plan are two documents in which this planning takes place. The General
Plan provides a long-term framework that sets forth goals and policies for
land use decisions and other issues that are important to consider in the
ongoing development of the community. Reflecting a five-year timeframe,
the Capital Improvement Program identifies construction, improvement,
and/or rehabilitation projects relating to the Town's infrastructure.
This Annual Report presents highlights of Town actions over the past year
to maintain and enhance our infrastructure and outdoor public places. One
article lists the capital improvement projects that were completed last year,
including street paving, crosswalk enhancement, pathway improvements and
more. In the "On the Horizon" section, there is a preview of the upcoming
update of the General Plan the Town will be launching in 2008 and of the
new library project. Two additional articles feature the completion of the
Civic Center Master Plan and the purchase of a building to house some of
our police operations.
In keeping with our guiding principles of Community Steu.,urdship and
Future Focus, the Town continues to work to keep our physical assets in
good condition for today's residents and future generations.
.
Town Was Gatos Annual Report
Fiscal Year 200V2007
Ta
4
it
Dm, :e c past fiscal year, Los ,mot -debrated 100
ye. rs of children I I brary servir, s to the rammunfty. In 1906,
librarlau Henrianna A-Rankind r -.tea children's
corner in the one-room Los Gatos Carnegie Library, located.
on land that is now the Episcopal Church's parking lot. Miss
Rankin's innovation was noticed by the California State Library
and a photographer was dispatched to Los Gatos to record the
new service. Children were not welcoire in most public libraries
m the early 20th century, and Los Gatos library took the lead in
changing that situation. Our librarv takes pride in its excellent
children's collections and programs that have evolved from Miss
Ra kin's n idea.
A highlight of doe year at the library is always the extensive
series of pr r.,ms attended by thousands of children. The
library provide four story tunes each week, designated for
lodd ers, preschoolers, families and for children 0 18 months
old and their parents or caregivers. In addition, the library held
special holiday programs, sing-alongs, puppet theater shows,
and after-school programs, all underwritten by the Friends of
the Library. The library also sponsored an adult book club, a
knitting/reading club, and three separate book clubs for youth
from third through seventh grades.
The Friends of the Library continued their series of popular
Friday Forums. In November, journalism professor John
p McManus, a former newspaper reporter, spoke about his book
Aga rna-DriaenJournalism, concerning how the markets shape
the news we receive. On February 9.. Los Gatos' own Steve
Wozniak, sometimes cadre "the Edison of the wired age,' gave
a fascinating talk to a large audience and signed copies of his
new autobiography, I Woz- Many had to be turned away for lack of
room. The audience sat spelt-bound for two hours while Wozniak
F
talked about growing up hi Silicon Valle,, his fanhi.r. and the
design of the computer that would later be known as Apple L In
May, Do Susan Slollfnglaw,a world-recognized expert on John
Stembeck, signed tier fates". book„ 1Jmuaey eito Steabech's
California. concentrating on the authors sojourns from Salinas
to Pacific Grove and to Los Gatos. Dr. Shill llinglaw included
ree-Icih she had conducted in the libran''s history room.
In _„-r '006, Railroads of Los Gatos,
the story of the South Pacific Coast Railroad,
So hero Pacific Railroad. San ose !.as
Gatos Interurban Railway, and the Billy
Jones Wildcat Railroad was published
through the efforts of Library Director
Peggy Conaway and Edward Kelley. a to college student.
Hundredsofarciuvalphotographs. most r
from private collections, were used .o h
illustrate how the railroad systems site
the economy and culture of Los Gatos.
Rail transportation and shipping lasted in -
Los Gatos for more than 80 years, from
1877-1959.RailroadsofLosGatos recalls not onlvt r-
but also the names and deeds of those who built and operated
the railways which were central to life in Los Gatos for so many
years. Newcomers to town may appreciate the lengthy downtavn
parking areas that run parallel to Santa Cruz and University
Avenues, without realizing that their at' sitting on
what was once railroad right-of-way.
The book is available at the Los Gatos PublicI rar
Museums of Los Gatos, in local retail and book shops, and
through the major online booksellers. halso is carrier!
railroad and hobby shops around tlhe country. To d ,
copies of the book have been sold. Profits from sales i , ; w is
of the Library are donated back to the Library to support local
history projects.
bl :-cit instituteda FuLu I : lk ;edesi,: o - , .:.f a youth into the public prose
lsl ~ >ach month, loci. m i I , - to] It] inch meetings. The youths se,
theI s at both public and nti I ; nick f 1 3ele.cte.d base.d on their leaders, i
all ~ y.Todate,more r. ve participf Li i`.n. , pr,
I- e broadcasts of Plural
I I , rdcasts. Commisvr
n f isswnmeetings,artohus
is posted and the item i -
c ~r ophes oir
Th an _e,http://www.l .
I Town Me, it
n~
Town ofLos GalosAnnual Report
Fiscal Year200CV2007
-osGatos showed itsspirtc n xWncomtrunftythis
rear through a series of tun, fat ts. Residents enjoyed
art exhibits, outdoor co uer's hteater ormances, alai
ommunitycelebrations - 11 few. This year, he
-wn sponsored the fo➢<.. ..ts
T : remely popular t
, b un in 1988, brings
dvi se program of nmsi
orn" and cultural origins
:o must, lovers of al! ages.
ran the
gamut from rock to ope.r°.. G
-dsa. Music in the
Park has grown inpol aiAy
h., become areal
must-attend" event for the
r- All of the production
costs are paid for I,vl .iv.,..
..A.Jns fn„n local businesses
and residents. T..- _.i
I is proud of this local
aponsorslnp t
varm thanks to all of the
tcert spoil
v 1 If ~ a rounity
Or, was the truest st tni no date.
Approximately 3,950 pounds, f L98 tons of donated goods) and
100 pairs of eyeglasses were collected- The event brought out
many generous and thoughtful donatore A in r of donators
commented that they were proud that the',., if Los Gatos
organiyed this type of event, benefiting ions [flat serve
the homeless_ D armed items were distrihr.:. to IonVision,
EHC Limbuhders. Next Door Solution hoc icViolence,
and St. Lukes Pantry Program, that or c,:esto those in
need. Donated eyeglasses were donated to the L s Gatos Lions
Clubs "Limns In Sight" program. which give- the refurbished
glasses to people in third world countries. Ajective of this
event was to promote waste diversion through reuse. This event
then
1 11 1 tgi
thf
. valni
plan+,.
i
i. i their eralleoinnul; l i i~
T
)wn staff andr-..>ion
t
es sue!) as scale to
h,. W
h atd intensity, popu( i ,r..~.
c
space views of the h
a town, protection of ,
nr
'.tyr dgmThis!, ,
o1
1,. appro,col, and/ra rose
cous.r
i -rwingare brief oeseril I-
Win( hester Boulevard at Highway 85
Tha ,
so )I this complex proje are a
1
I had square foot Offic m
coma
i005.Thisattractive butir
headq rri
rental company t flix.
phase 0
,.ns dental commit n'
was neldinconjunctlonwith the $ta -w ad Chance
Week {Oct)ber 15- 21, 2006), a public ipaign that
prom I r , air and r- -ng.
Th, cannot r ' it th event
remained tr theme of old-fashion.- If fair'
"p
entertainment. Sponsored by the Town,loc; a ess- and
community groups, the all-day event include i and
music, and concluded with a twi?fightMu w,cth,----'-
anddancing under the stars.lt is estimated that ople
attended throughout the dap-
A joint, 'awn, the Ail Sereand Santa
IraC heCommunit}Gar..:=Saleisauwemal~ rntthat
encourz>.- e sale of reusable items rather than their disposal
in the bo fill. This o 's eventwas held Ju C
were to at more than 280 home and neigh hoc ions.
Thanks to in - :a, and to a compreheusve In am of
waste di -ion and recycling programs available to residents,
the Town - n excreded the state mandate to detrut at
least fifty p. waste Lamm the landfill.
The sixth annual Screen on the Green was held at Oak Meadow
Parkin September, 2006. This annual outdoor event features a
popular film suitable for families, shown on a giant, 28' screen.
Two short Slms from the Los Gatos Cinecies Film Festival were
shown before the feature presentation. Families and friends
then enjoyed 'Bye Bye Birdie," a 1963 classic star ring Janet
Leigh, Dick Van Dyke, and Amt Margaret.
r,l behind the Nit t 1 I+ntr this nrnj
dWascomt:'. i,.i.~. _
mgforNet sine
_ r f. Constr
I ~ r sctedtoi
I
Town ofLos Galos,Annual Report
Fiscal Year 20062007
f V~,~
Los Gatos values its busines-
mi - r the past year, Town staff continued
!o monitor commercial trenr
i t- osiness districts, ihatnotngvacancy
.I rmatioil andmarket
if piportunitims for business retention sell!
on Primary busu4,s
T-u include the office and research and
•elect district on To
' orhood centers, Los Gates Boulevard
mane. ial area (office and
:mown.
T'.
)rncy rate wztIt a modest 5%deeIine
f - to
sen ce providers closing-The Town's R&D
parks - ..2 to Pic
In occupancy rates thus dOSing out the
2007 :a It 11
I•..r borhoml centers and b
Ia 1 ~iitos Boulevard maintained a high
°f a"'
u, +-,i centers fully leased. Downtown's
de,.~
c I vibro leasing environment. witli
mama _.e
c,„ marketplace:
BIB::.....
a Life is Good
C.
at Napistyie
I ~ Deka
0 Plush
0 Ethans
an Salt
a Ferry, Tails
Its starbuces
to Kaela for Babies
91 1 ~sil_@
a Ak ~.a ~ e,, N to 1 s (Gatos Bouleeard)
sa li._:.IStar %to, to Main Street}
m Papyrus
w White House Black Market
Examples of the drverseand unique shops that received permits this past yearto ope_n
in the downtown include:
m Green Vehicles -33 North Santa Cruz Avenue: Owned by Los Gatos residents,
Green Vehicles will be a retailer of electric vehicles, inducting cars, scooters, and
bicycles. The store will also sell enerlp efficient piodccts such as radiant beating
and solar lighting systems. Green Vehicles is expected to open In late Fall 2007
a Apple Store-23-25 North Santa Cruz Avenne. In Fn approvea
a permit for a 5300 square foot Apple Store w i w , -;toi t Town
dedicated exclusively to computers, peripheral' and, pc I roni i- Apple
opened in Seppmber 2009.
a Pharmaca- 59 North Santa Cruz: In March, a perms; was ar for Pbaunaca
to open In the 3,700 square foot space formerly occupied b, un , Plyhshing.
Pharinaca is a full service pharmacyand retailer of traditio per + u' r
medicines and natural health and earliness products. T lei)
late Fall 2007.
In ices , the Town mail approved Ih ivic - "t" , .°The (1 The I 1P. _.lects tie
Town's long-term frail i-ds based on the s , cutiLatly provides and those the mmmmtity
desires lot the future Piono g over five years the 0 actually has its roots in planning efforts for a new
e
library in the 1980s.
The Civic Center was built in IM when the Town population was :,'out 9,090- With approximately 29,000
residents today, the community has both greater and different in than envisioned four decades ago. The
master planning process was :pleaded to determine the put, 's s for services over the next 25+vears,
and to evaluate options for meeting those needs through ex' i s , r new public spaces. Completion or the
one terplan is not a commitment to undertake any t,~- i - its. It is a plan for how to proceed ever the
course of time, if and when the Council and community,
.
While the CCMFaddressesall cfthe servicesprot 1 <..er,it identifiedtwo clear priorities
- +t•
for additional space: for police services and for library s ~k ttherarticle fit the Annual Report discusses
the action taken by the Town Council to purchase l build) irll be used to house a portion of police
o
operations. Tim Town Council also approved prod _iand planning fora new library, which will
- -.-r'-
begin this fall
-
The CtlVlPreflectscommurnvintetrer-Nee' p,,rnmmunityforums,Councilineetings,andsu
rveyspr,,;1~oda,awxl,workedwithTownstafftomo,,oteGlomput
into the CCMF With the approval of the . Yiv1r c rhmpaork in place to make decisions about future
facility briar recalls to enhance service delivery, as opportunities arise over
the next 25 years. You can view the l - `OP at www.lRSgAtosea.{;ovTciviccen[ermasterplan.
Each year the Town of Los
multi-facetedmarketingcampaign
designed to build visitor t
i t, illation marketing efforts, and to
encourage Los Gatos ^ le
I' community by shopping locally
As local wineries, rei it
Boutique hotels continue to gain notoriety
regional!y,natlonally,andwr.
-G,. s has become a compelling travel
destination. Sharing lw I _
n ;hors adds to the communitys
economic vitality through th re
Mien es at local hotels, shops and restaurants.
On the local front, residents contr
to to the success of local businesses when they
shop and dinevocally. Successful businesses help to ensure avital marketplace that
provides goods and services for the
community, as well as revenue to support local
services smell as parks, stre- imprc
i its, library programs, and public safety.
TheToh m*songoingr ^d,°.; -
, 'Ind-,ed inconjunctionwitlithe Los
Gatos Chamber of Cc one
i residents and visitors to enjoy the
remarkable stores, i- au:u
hens has to offer. Over the past year,
the Town focused on two ke mar .
Discounted e tier_ ve airising opportamti h 1. - -ommunity
Newsy ri viere a c it to all Los Call s lon -F , fromJune thr nigh August.
These publications included the Los Gatos Weekly Times and theSeretnga A'erur.
The Town also ran an annual promotional advertisement in the E`Wlare iilicorr batleh
publication Gotisa table in most major hotels throughout Santos" and San a Cara.
progran on z. Ic owners extend t a ping hours
during the hell n.. 1 1 sting ailparticipatinf:l , i -.iintheLos
Gatos perkily TunrsanoaoratogaNeics. The Town also ran I larinercials promoting
shopping and dining for the holiday season on the Bravo, ad b rk. Lifetime, and ARE
networks-
Town ofLos Gatos Annual Report
Fiscal Year 200(12007
_atos is to
the Commit Bit) 'Dr a V. i
parks and play I( scattered - roughout
combined with
hign level of use of our parks
x - 1
,
the effects otwmters
require ongoing maintenance to Ike(
"~rl
. ss in rro mr n
it. arprovements were made to the following
I
:.tra , . in re
des.
T - , i re : rooms ',,a re repad tut in "
07. The roof of the restroom at Oak Meadow
n
- -
P2 is replaced and the no n„
upgraded, The restroom facility at Belgalos
Park e„salso upgraded. Inac'.tion,
G. w-Saratoga Community Education and
Recreation Dr ,~trneal, whi('
i Town-owned building, restrooms received
Ai ricanswitliDi--.nhdest i)
(I
-r tv ov. we
re resurfaced this past summer. Thepathways in
F ',rf.. and L
ns Gatos Creek Trail were repaired and resurfaced
A don. =ction of hil. le r n;_.. . replaced, near the west entrar.. ' o
'ark h,dn Universal +enue. This wall became severek demand i alter
rains in the spring of 2006. This project ensures access to the adjacent park pathway.
Vane) of ion and k i which re.piao
Disposal v.vmpar s h- h tr l hander,
Green Waste; Garbage
services to the West Valley area on March 1. 200T
Some of the key service components include: -
* Automated collection of trash, recyclables, and grca
will increase efficiency.
* Split-body trucks to colleet both train and grsen w,'...
with separate trucks for recyclable,,, wi;l mean I.:~..
trucks on the roads.
* Co-mingled recyclables will mean no more sorting for
residents.
The Town contracts for solid waste collection and disp^>~.
services through the WestValley Solid Waste Managmi
Authority (Authority), a joint powers agency consisting of L.
following member municipalities: Town ifLosGatos, C .._rn:p
1ar,.o3ereno,and City of Saratoga.It is the. Aathori'., role
to manage the solid waste collection contract and the services proic vir d ain': r It, including monitoring service levels, setting residential and
commercial collection rates, and negotiating new contracts as mile td.
I'ed .
. xovemeats
made to Los Gatos stn-
in FY 2006/07 to
1~ h : of fa
M ed radar display boards. rr
i Los Gatos
heaievard and on Blossom lu,
'Trig in
the areas around Van Me r
mentary
Schools and Fisher Mind!,. __c
* Crosswalk improvements were i
-th Santa Cruz.
Avenue and Roberts Road to enhan
ce pedestrian safety in
his high-trallic pedestrian area
* Pedestrian countdown signals wer
:alled at Shrouded/
Roberts Road and Los Gatos Ble
Nino and Los Gatos
Boulevard; Blossom Hill Rr-
- rv Blossom; Blossom
Hill Road and Roberts Ro
'venue and
nchester Boulevard. Improver
c l > Arian signals
th rough out Town will cons- and
_ rc next fiscal year.
* alk and blcy in l€:-
l ac . to I south
f13 ssomHi]IF -
once and
Id 'rerts Road.
a Over L, ^f psthc•".y and adjacent fencing were
repla paired on College Avenue.
. ral important reach r improvements v-r oecaded
during FY 200 - L- Gatos-Almaden Roar avast paired
and resurfaced last fall Improvement it utilization
upgrades to the traffic signals at Nat . - Pral
storm drain fied'hies and the installation uf :.ated bicycle
lanes to increase bicielesafetyandenha =rm. .
alternatives. During FY 2006107, the Townsuc .fut.,'. Jited
an annual program to re-stripe town-wide r 'v. herlines,
crosswalks, stop lines and signal light mark'. _..'A silly,
annual repair and replacement of existing c rl d
sidewalks throughout the Town were conducted to enhance
existing infrastructure. based on priority needs. Fi. 3 a
retaining wall was replaced on Villa Avenue that was damaged
from the re r=v spring rains, preventing the hillside from spilling
out onto the street.
Town o'Los Gatos Annual Report
Fiscal Year 200619007
®r
Since P :007, the Los Gatos/Monte Serene Police Department
9 (LGMSPD), along with several other public safety agencies
in Santa Clara County have been participating in a Juvenile
'Gaffic Diversion program. The program focuses on helmet
and pedestrian safety for youth under the age of 18. Youth who
receive citations for bicycle, skateboard, and other pedestrian
related violations are offered an opportunity to attend a two-honr
diversion class with their parents in lieu of payinga fine and
attending traffic school. The class provides an overview of laws
regarding bicycle, skateboard, and pedestrian safety coupled with
a special pry- otation by a brain injury survivor. At the end of the
class, participants receive a free bicycle helmet, provided through
local and state grants-The LGMSPD has hosted two successful
diversion classes for more than 100youth and adults.
To encourage the use of helmets, the Department implemented
a Helmet Recognition program. The program concept came from
a seven-year-old Monte Serena youth and his parents. Ice cream
coupons provided by a Los Gatos downtown shop, were dispersed
by LGMSPD officers to reward those who followed helmet and
pedestrian safety laws. To date, nearly 400 youth have been
treated to ice cream for we ring their helmet
n
I I Boulevard to be used
ichermined
- I 01 means,s :or
F _ iterwhich inchm:
r ri I .r_ b,i ,hich was cor
r~. r 1,, ,1 d, i.~r. o.• acrnmmotlatr n nil r'.
recot
throng
I I - - ~ . ru,~ odern facility that
m l i.. ali,', fiat -ronndbrt 'sir-
.,.~n i.. i
Last October, the Town Iamnched a disaster prepared ess
campaign encouraging community members to be self-sufficient
during the time immediately following an emergency The focus
of the campaign was on communityself-sufficiency for at least 72
hours after an earthquake and two to four weeks in the event of a
pandemic flu.
• • Los CATOS
Che campaign be_ ,.n with the Mayor proclaiming October
to be "Los Gatos Prepared Month;" follo;-d L., ~mergeu:,y
preparedness displays at the Fanners [market on October 8
and 15. The keynote event of Los Gatos Prepared was the 18
neighborhood emergency preparedness display sites presented
1), 42 CERT (Community Emergency Response Tam) members
on the evening of October 17, the 17th anniversary of the 1989
Loma Prieta earthquake. The open houses were held throughout
Los Gatos, educating residents on how to be prepared during a
disaster-
A wide variety of educational material was developed and
distributed at the Farmers Market booths and open houses.
including emergency supply checklists family coal mention fdar
templates, instructions on how, to make your home safe, and how,
to plan for the special needs of children, seniors, and pets. All of
this material is now available on an ongoing basis on the Town's
emergency preparedness website: www.losgatosprepared.org
Beginning in FY 2007/08, the Town 1 begin the process of updating the Town's General Plan. The Town 1 uncil , current
General Plan is serving Hit mumunity well but could use some fine tuning. Thus, the update will not be a of aul but rathe
a refinement of the existing General Plan to identify outdated information and new issues to be included. Also, St. Law requires the
Housing Element to be updated by January 2009. You can view the General Plan on the Town's web site at:
http://www.losgatosca.gov/gencralplan
The Council will be seeking public input through a variety of outreach efforts which may include a community wide visioning session,
neighborhood meetings, Council meetings, and Commission and Board meetings. Staff will be working on the update with the General
Plan Committee- If you are interested in being involve(] in the General Plan Update, you can receive information by signing up on the
Town's electronic mailing hat at http://www.losgatosea.gov/notifyme
I ,..,sor ivedfile d,su „ USA Award forth -7th com alive ,-ar,oil achi luclut for the entire community to be
proud of. The Tree City USA program is sponsored by the National Arbor Day Foundation, in cooperation with the National Association
of State Foresters and be U.S. Forest Service. To become a Tree City USA, a community must have the tollowirg: a tree board or
department, a tree care ordinance, a comprehensive community forestry program, and an Arbor Day observance. The Town continues to
meet these requirements, and observes National Arbor Day annually with a tree planting ceremony.
The To r :rnmentF on i.,.: s:.nguishedBuic '.,ti,. re.u. i 1 I(ormofrecognitionln
.
govern. -I.L,il „d l 1 represents a : 11
inordertoearntS, :ard,theTown'sbud-°tnm 1) i IAIfour ofthecvi 'sTh,-gat baywelltheTown's
budget serves as a policy document, annanculplai IIacommanicatr
The i}nan if nt rtingwas awr. Ho n :n It Finance
Officer, alr of the I sited: no nada (GFO.A) for its Comprehensive Annual Financial Roper lri, Th Certificate
of Achievea,ent is the Ing.. d form of recognkion in the area of governmental, accounting and fina I. if reporbi and its attainment
represents a significant accomplishment ba a government agency and its management. The Town's financial report was judged Wall
impartial panel which determined that the report demonstrated it constructive "spirit of full disclosure" to clearly Communicate its
financial storyand motivate potential csers and user groups to read the C.AFR.
Tt q, t R~I .,.card in F" fr, I; f n. i, r9. ers. In the fall of
i pro,, it I ,i for rev' this award, the
e u„ Jm w, ai ~ l i. ~u,ti : i c : rn;iu3 plot. ~ l i . u,'uwoth, ,ur anii an effective
pt,,,... ca:mtthe~ n' pt gyn.
F ry it ere ..vn v.oU0e1 : izes r °uals who touch the community in an extraordinaryway. Thisyear, the Town of Los Gatos
recognized the following bu a and individuals for their outstanding commmity contributions:
is Manresa: Proprietor D.,; `I Kinch was honored for bringing Los Gatos prestige and recognition through his culinary talent-
• Akeena Solar: Chief Ex,,,.„nve Cificcr Barrv Cinnamon was honored for his dedication to solar power and clean electricity to
protect the emoroncromt.
• George Kennedy Former Santa Clara County District Attorney and Los Gatos resident was honored for over 35 years of public
service.
to The Venue: Mike Lola. Teen Coordinator for Los Gatos-Saratoga Recreation was honored for his advocacy on important been
issues and for increasing attendance at the venue from 59 teens a day to over 300 400 a day.
a The Los Gatos Chamber of Commerce: Ronee Nasal, Executive Director. was honored for her enthusiasm and dedication to
making Los Gatos a veryspecial place to lice, work, and play bysupporting the local business community, community groups, and
local charities.
ult,IT11
Town of Los Gatos Annual Report
Fiscal Year 20062097
in early June, the Town Council adopted the FY 2Of" 08 Operating Capital, and Redevelopme Age, budgets r the Town. The Town
takes great care in preparing its budget each. it as these documents establish basic spending ponews, ope cast workplans, and
service levels for the community.
Based on sound fiscal and budgeting practices which incorporate a five-year financial forecast, the Town's Operating Budget establishes
hording levels for ongoing services and community programs during the fiscal year. The Capital Budget is a comprehensive five-year plan
for the construction, improvement, or rehabilitation of Town inbmstruchire_The Redevelopment Agency budget identifies and funds
redevelopment infrastructure projects and economic vitality programs in the downtown area.
IheTown's five-year financial plan projects a moderate excess of operating revenue above operating expenditures for FY 2001/08. Based
on this forecast, a "status quo" budget was recommended for FY 2007/08. This scenario means that the adopted budget for the current
-
fiscal year funds the current level of service now in place.
c Center
" In Street
This favorable situation is the result of positive economic trendy coupled with the Town's proactive effort to reduce expenses, retain and
CA 95030
protectvital revenue sources, and balance services with projected revenue streams. These positive trends alone are not sufficient to
eliminate the ongoing budgetary challengesprojected in hold reyears,however.
%dliug kildress:
l t). Box 949
The updated Five Year Plan forecasts the potential for projected revenue shortfalls which ma occur beginning in FY 2010;11. The adopted
o
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CA 95031
BY 2007108
status quo" burger will provide more time for the Town to explore cast sharing opportunities, service delivery options, a
c
alternative revenue strategies.The Town is also positioned to focus on priority issues which include maintaining public safety, enhancing
, 354-6832
streets and parks, providing libraryand community services, and protecting the Town's fiscal health.
..~1!i,399-5786
General Fund Soirees
FY 2007/2008
www.losg:itosca.gov
The General Fund supports basic m operations and expenses. General ($28,3 Million)
Fund sources include various tax revenues, such as property tax, sales tax,
hotel occupancy tax, and business license tax, as well as interest earnings,
intergovernmental revenues, and fees charged for development services,
permits, and fines and forfeitures.
r
en-ices ($3.200,000)
As [he chart to the right shows, Los Gatos is heavily dependent upon local
.Jean- a Pe,n , (s2.500,000)
economy-based revenues, with Sales & Use Tax as the Town's primary
revenue source. This revenue has remained steady the last fewyears, rather When, ttly- T .x (52,000,000)
than experiencing the high growth rates of the past. Regardless of the level of mcergovernmentai is 1,900,000)
sales tax revenue, it is important to note that the Town receives only I cent of - -
the 8.25 cents of sales tax per dollar of sales generated in the Town. mteren {$1,200,000)
Property Tax receipts and Vehicle License Tax both continue to be steadily Franclava Fees d1,000,000)
growing revenue sources for the Town and account for more than a quarter 0...p <yTax (5900,000)
of the General Fund revenues- However, for every $1 of property tax paid by
M." ocher soarre: (5900,000)
property owners in the Town, only 9.5 cents returns to the Town to pay for -
local services. Interest and hotel occupancy tax revenues are economically= `,ansfers in ($500,000)
sensitive revenues which have remained stable in recent years. use. co F.nd 8a1aoee ($300,000)
L
General Fund Uses 0 1 2 3 4 5 6 7 8
Most of the Town's services are supported by the General Fund, including Fund Uses
police services, street and signal maintenance, park maintenance, and the FY 2007/2008
library, as well as building and development services which includeplanning, ($30.7 Million)
engineering, and inspection services. _
The chart to the right shows PY2007/08 planned expenditures of $30.7
million by service area. However, with economic times still uncertain and the f
possibility of additional unanticipated future state reductions, adjustments to
the budget may need to be implemented over the next fiscal year. ~
communxy Development ($4,900,000)
ll
Non-DSpartmertal ($3,200,000)
civi
2.o. l
s
The Town has positioned itself well for times of economic hardships through
reeve $
a
diligent attention to sound fiscal practices. Operational savings were planned
and set aside for strategic use in challenging times. This fiscal planning '
, oaran serve ($2,30(c000)
effectively builds in a smoothing effect over time in an up and down econor __.-J,
allowing the Towns core services to remain intact
Ceoec-ay ser,•'ces ($1,900.o00)
The five-!rear forecast indicates that the local economy is strengthening, but
the Town still faces challenges in maintaining a balanced budget in future F.- oet<es 5500,000)
years. The Town Council continues to place a high priority on improving the
me y
Town's economic vitality and protecting revenues, while theadmoustration o z 4 6 8 10 i2,
explores ways to better use resources,
Town of Los Gatos Annual Report
Fiscal Year 200(12007