Financial Advisory Parcel Tax Oversight Committee Meeting Thomas P. O’Donnell District Office 17010 Roberts Road, Los Gatos, CA 95032 AGENDA October 3, 2018 7:30 a.m.

I. CALL MEETING TO ORDER

II. ROLL CALL

III. APPROVAL/AMENDMENT OF AGENDA (ACTION)

IV. PUBLIC COMMENT Members of the public are always welcome at meetings. Individuals wishing to address the members of the FAPTOC regarding agenda items may do so when an item is under consideration. Oral communications regarding items not on the agenda may be made during the Public Comment opportunity listed on the agenda. Committee members would appreciate it if you would identify yourself by name and address when addressing the Committee and limit your comments to three minutes. Individuals requiring special accommodation, including but not limited to an American sign language interpreter, accessible seating or documentation in accessible formats, should contact the Business office at least two working days before the meeting date.

PAGE V. ADMINISTRATIVE REPORTS

A. Superintendent’s Report

VI. NEW BUSINESS (DISCUSSION/ACTION)

A. Approval of Minutes: October 4, 2017 (ACTION) 1

B. Review and approval of Parcel Tax Expenditures FY 17/18 (ACTION)

Parcel Tax Presentation FY 2017/18 3 Resolution #14-12-13 11 Approval of Parcel Tax Expenditures

C. Process to Prepare the Parcel Tax Annual Report to the Board of Trustees on

November 15, 2018 (ACTION) Approval of Parcel Tax Annual Report Development Process

VII. FUTURE AGENDA ITEMS (DISCUSSION) FAPTOC Meeting Schedule for 2018-2019

Annual Board Report: Thursday, November 15, 2018

VIII. ADJOURNMENT (ACTION)

Los Gatos Union School District 17010 Roberts Road

Los Gatos, CA 95032 (408) 335-2000 Phone

(408) 395-6481 Fax www.lgusd.org

Paul Johnson, Superintendent

Members Ryan Bertsch, Chairperson Ryan Fenchel, Vice Chair Ryan Rosenberg, Secretary Tom Boyce Andrew Howard Courtney Monk Reza Tavana

LOS GATOS UNION SCHOOL DISTRICT MINUTES OF THE FINANCIAL ADVISORY

PARCEL TAX OVERSIGHT COMMITTEE MEETING Thomas P. O’Donnell District Office

October 04, 2017 Parcel Tax Oversight Committee Members Present

Ryan Bertsch, Andrew Howard, Kathy Granger, Tom Boyce, Wasseem Bashiti, Selin Gurses-Acar, Olga Mavrody (arrived at 7:40 am)

Absent: none

LGUSD Board Liaisons Present John Kuntzmann (left at 8 am) LGUSD Administration Present

Tom Gray, Beth Grimes

Absent: Diana Abbati

I. Call to Order Chairperson Ryan Bertsch called the meeting to order at 7:35 am

II. Roll Call

As noted above. III. Approval of Agenda

On a motion by Tom Boyce, seconded by Selin Gurses-Acar, the agenda was approved as presented with a 6/0 vote.

IV. Public Comment

There was no public comment.

V. Administrative Reports

A. Superintendent’s Report There was no report. Superintendent Diana Abbati was not present

VI. New Business

A. Approval of Minutes: October 19, 2016 On a motion of Andrew Howard, seconded by Tom Boyce, the minutes were approved by a 6/0 vote.

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MINUTES OF THE FINANCIAL ADVISORY PARCEL TAX OVERSIGHT COMMITTEE MEETING

October 04, 2017

B. Review and approval of Parcel Tax Expenditures FY16/17

Parcel Tax Presentation FY2016/17 Tom Gray reviewed the Ballot Language of Measure B. Tom Gray also reviewed the promise to Voters in 2013. Measure B stated that it would fund the following specific types of programs:

Protect outstanding core academic programs in reading, writing, math, and science.

Retain highly-qualified teachers Maintain art & music programs Keep classroom technology, science resources, books and instructional

materials updated.

Tom Gray reviewed the Tax Revenue Received for FY16/17 and expenditures for FY16/17 to the committee and addressed any questions or concerns that were brought forth by the committee members.

Resolution #14-12-13 Approval of Parcel Tax Expenditures

A motion to approve the Parcel Tax Expenditures from FY2016/2017 as presented by Tom Gray was made by Kathy Granger, seconded by Andrew Howard. The motion was passed 7/0 vote.

C. Process to Prepare the Parcel Tax Annual Report to the Board of Trustees on November 13, 2017 A motion to authorize the Development of the Annual Report to the Board of Trustees by Ryan Bertsch, Andrew Howard, and Kathy Granger was made by Tom Boyce, and seconded by Kathy Granger. The motion was passed 7/0 vote.

VII. FUTURE AGENDA ITEMS

It was discussed that Ryan Bertsch, with the assistance of Andrew Howard, would present the final FAPTOC report to the Board of Trustees at the Monday, November 13, 2017 Board Meeting.

VIII. ADJOURNMENT

The meeting was adjourned at 8:20 am.

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Financial Advisory Parcel Tax Oversight Committee

October 3, 2018

Los Gatos Union School District

2017-18 Budget Year Report

Members:

Ryan Bertsch (Chair) Ryan Fenchel (Vice Chair) Ryan Rosenberg (Secretary) Tom Boyce Andrew Howard Reza TavanaCourtney Monk

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Report contents

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• Parcel tax overview

• Promise to community

• Collection and expenditure summary

• Findings and recommendations

Los Gatos Union School District FAPOTC_BY 2017-18 Summary Report.pptx

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Parcel tax overview

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• Measure E: Voter approved $290 per parcel tax in June 2008

• Measure B: Extended $290 per parcel tax in May 2013

• 8-year term expiring in June 2022

• Measure B Accountability Measures

• Tax collections applied as prescribed in ballot measure

• Collections deposited into a separate fund apart from other revenues

• District to report on parcel tax collections and disbursements for each year of the parcel tax; includes status of any project authorized for funding with parcel tax proceeds

• Board of Trustees to appoint a citizen advisory committee to confirm parcel tax collections are spent as promised in the ballot measure

• Advisory committee to produce an annual oversight report detailing the District’s use of parcel tax collections

Los Gatos Union School District FAPOTC_BY 2017-18 Summary Report.pptx

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Promise to community

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Measure B to fund specific types of programs: • Protect academic programs in

reading, writing, math and science

• Retain highly-qualified teachers

• Keep classroom technology, science resources, books and instructional materials updated

• Maintain art and music

Los Gatos Union School District FAPOTC_BY 2017-18 Summary Report.pptx

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Collection and expenditure summary

5FAPOTC_BY 2017-18 Summary Report.pptxLos Gatos Union School District

Collections

$2,735,129

Expenditures

$500,996

• Minimal change in parcel tax collections, within $16K from 2016-17

• Collections represented 6.7% of total budget for 2016-17

• 100% of expenditures used to retain highly-qualified teachers in support of core programs, music and art programs

$2,234,133

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Collection and expenditure summary

6FAPOTC_BY 2017-18 Summary Report.pptxLos Gatos Union School District

Expenditure detail

$2,735,129

82%

18%

10

1.22

4

41

Subject Area FTEReading 10Writing 1.2Math 2Science 4Art 1Music 4

• Parcel tax funding 99.8% of direct costs for 22 teaching positions – 82% of funded positions in core programs: reading, writing, science and math

– 18% of funded positions to maintain music and art programs

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Collection and expenditure summary

7FAPOTC_BY 2017-18 Summary Report.pptxLos Gatos Union School District

$2,735,129

82%

18%

Findings and recommendations

• Committee finds parcel tax collections in the 2017-18 budget year were used in accordance with the ballot language of Measure B and in the spirit of the promise made to voters

• Recommendation to release communication (as part of annual report) that:

– Reinforces essential benefits provided

– Conveys how parcel tax collections have remained mostly static and become a smaller contribution to the District’s operating budget

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intuitivesurgical.comwww.lgusd.org

Los Gatos Union School District

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