110 E. Main Street Los Gatos, CA 95030 ● (408) 354-6832 www.losgatosca.gov
TOWN OF LOS GATOS
COUNCIL AGENDA REPORT
MEETING DATE: 06/03/2025
ITEM NO:7
ADDENDUM B
DATE: June 2, 2025
TO: Mayor and Town Council
FROM: Chris Constantin, Town Manager
SUBJECT: Adopt a Resolution Approving the Town of Los Gatos Fiscal Year (FY) 2025-26 Operating Budget and FY 2025-26 – 2029-30 Capital Improvement Program (CIP); Adopt a Resolution Approving Commitment of Fund Balances under GASB 54; and Approve FY 2024-25 Budget Adjustments and Reclassifications REMARKS:
Attachment 7 contains Public Comment received before 11:00 a.m., Monday June 2, 2025.
Attachments:
1. Resolution of the Town Council Approving FY 2025-26 Operating Budget and FY 2025-26– 2029-30 Capital Improvement Program (Attachment 1), including Exhibit A: Total Town Revenues and Expenditures by Fund
2. Resolution of the Town Council of the Town of Los Gatos Approving Commitments of Fund Balance under GASB 54
3. FY 2024-25 Year-End Budget Adjustments and Reclassifications
4. FY 2025-26 Financial Summaries
5. Public Comments
Attachment distributed with Addendum:
6. Public Comment Received Before 11 a.m. on May 30, 2025 Attachment distributed with this Addendum B:
7. Public Comment Received Before 11 a.m. on June 2, 2025