Finance Commission: Special Meeting
Special MeetingLos Gatos, CA · February 2, 2026
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
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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/.
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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.
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