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Finance Commission: Special Meeting

Special Meeting

Los Gatos, CA · February 2, 2026

AgendaPacketMinutes

Minutes

TOWN OF LOS GATOS FINANCE COMMISSION MINUTES Minutes of the Finance Commission Special Meeting February 2, 2026 The Finance Commission of the Town of Los Gatos conducted a special meeting in person and via teleconference. THE MEETING WAS CALLED TO ORDER AT 5:30 P.M. ROLL CALL Present: Vice Chair Adam Fischer, Commissioner Phil Koen, Commissioner Joe Rodgers, Vice Mayor Maria Ristow, and Council Member Matthew Hudes. Absent: Chair Ashby Monk, and Commissioner Linda Reiners Town Staff Present: Town Manager, Chris Constantin; Administrative Services Director, Kristina Alfaro; Program Manager, Gitta Ungvari; and Finance and Accounting Manager, Eric Lemon. VERBAL COMMUNICATIONS There was no public comment. OTHER BUSINESS 1. Receive the Preliminary Baseline Forecast Model Assumptions and Fiscal Analysis for the Housing Element from NHA advisors and Provide Feedback Administrative Services Director, Kristina Alfaro, opened the item and introduced Jonathan Ingram, Vice President Raftelis; Emily Uselton, Senior Manager Raftelis; and Mark Northcross, Principal NHA Advisors, to present the item. The Commission discussed the item and asked questions. Staff and the consultants addressed the Commissioner’s questions. Lee Fagot - Thanked everyone for their work and commented on concerns with new state legislation. No action taken. 110 E. Main Street Los Gatos, CA 95030 ● 408-354-6832 www.losgatosca.gov PAGE 2 OF 2 ADJOURNMENT: The meeting adjourned at approximately 7:43 p.m. This is to certify that the foregoing is a true and correct copy of the minutes of the February 2, 2026, special meeting as approved by the Finance Commission. /s/ Eric Lemon, Finance and Accounting Manager

Agenda

TOWN OF LOS GATOS FINANCE COMMISSION: SPECIAL MEETING AGENDA FEBRUARY 2, 2026 110 EAST MAIN STREET TOWN COUNCIL CHAMBERS 5:30 PM Linda Reiners, Chair Ashby Monk, Vice Chair Adam Fischer, Commissioner Phil Koen, Commissioner Joseph Rodgers, Commissioner Matthew Hudes, Mayor Rob Moore, Vice Mayor IMPORTANT NOTICE This is a hybrid meeting and will be held in-person at the Town Council Chambers at 110 E. Main Street and virtually through Zoom Webinar (log-in information provided below). Members of the public may provide public comments for agenda items in-person or virtually by following the instructions listed below or at the end of the agenda. To watch and participate via Zoom, please go to: https://losgatosca-gov.zoom.us/j/84834011781?pwd=rHVGvPbwjNaaM6U6ZB5AbaZUF1ToV9.1 Enter passcode: 998589 CALL MEETING TO ORDER ROLL CALL VERBAL COMMUNICATIONS (Members of the public are welcome to address the Commission only on matters listed on the agenda. Town resources may not be used to facilitate audio or visual presentations. Each speaker is limited to three minutes or such time as authorized by the Chair.) OTHER BUSINESS (Each speaker is limited to no more than three (3) minutes or such time as authorized by the Chair.) 1. Receive the Preliminary Baseline Forecast Model Assumptions and Fiscal Analysis for the Housing Element from NHA Advisors and Provide Feedback ADJOURNMENT ADA NOTICE - In compliance with the Americans with Disabilities Act, if you require special assistance to participate in this meeting, please contact the Clerk’s Office at (408) 354-6834. Please notify the Clerk’s Office at least two (2) business days prior to the meeting so that reasonable arrangements can be made to ensure accessibility in compliance with 28 CFR §35.102- 35.104 and related provisions. NOTICE REGARDING SUPPLEMENTAL MATERIALS - Materials related to an item on this agenda submitted to the Commission after initial distribution of the agenda packets are available for public inspection in the Clerk’s Office at Town Hall, 110 E. Main Street, Los Gatos and on the Town’s website at www.losgatosca.gov. Town Commission agendas and related materials can be viewed online at https://losgatos-ca.municodemeetings.com/. Page 1 HOW TO PARTICIPATE The public is welcome to provide oral comments in real-time during the meeting in three ways: Zoom Webinar (Online): Join from a PC, Mac, iPad, iPhone or Android device. Please click this URL to join: https://losgatosca- gov.zoom.us/j/84834011781?pwd=rHVGvPbwjNaaM6U6ZB5AbaZUF1ToV9.1 Passcode: 998589 You can also type in 848 3401 1781 in the “Join a Meeting” page on the Zoom website at zoom.com and use passcode 998589. When the Chair announces the item for which you wish to speak, click the “raise hand” feature in Zoom. If you are participating by phone on the Zoom app, press *9 on your telephone keypad to raise your hand. Telephone: Please dial 1 (855) 758-1310 for US Toll-free or 1 (408) 961-3927 for US Toll. (Meeting ID: 848 3401 1781) If you are participating by calling in, press *9 on your telephone keypad to raise your hand. In-Person: Please complete a “speaker’s card” located on the back of the chamber benches and return it to the Town Clerk before the meeting or when the Chair announces the item for which you wish to speak. NOTES: Comments will be limited to three (3) minutes or less at the Chair’s discretion. If you are unable to participate in real-time, you may email to Clerk@losgatosca.gov the subject line “Public Comment Item #__ ” (insert the item number relevant to your comment). All comments received will become part of the record. Deadlines to submit written comments are: -11:00 a.m. the business day before the Commission meeting for inclusion in an addendum. -11:00 a.m. on the day of the Commission meeting for inclusion in a desk item. Page 2

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