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Los Gatos Town Council delays decision on revenue options; staff to release fiscal assumptions ahead of April reviews
Summary
At a special meeting, council members asked staff to preserve potential revenue options but defer any final decision until fiscal analysis from NHA advisers is available; staff will publish two memos of assumptions and present revised material to the finance commission on April 14 and to council on April 21. (No formal vote was taken.)
Director Alfaro told the Los Gatos Town Council at a special meeting that staff is seeking guidance on how to proceed with several proposed revenue options and recommended postponing any final decision until NHA advisers complete their fiscal analysis. “We're anticipating those coming to the finance commission work from NHA advisers on April 14th and to council on April 21st,” Director Alfaro said.
The request follows a prior joint briefing with the finance commission and UFI. Alfaro asked council which options were most appealing, whether staff should preserve options while awaiting detailed fiscal work, and whether additional…
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