FY 2019/20 Budget at a Glance

The Town Council of Los Gatos unanimously adopted a balanced budget for the Fiscal Year 2019/20. The Town's fiscal year runs from July 1, 2019 through June 30, 2020. Each fiscal year the budget is adopted in June following a discussion of Council Strategic Priorities and a public hearing process.  You can view the Town Budgets on our website

For Fiscal Year 2019/20, the total Operating Budget Expenditure is programmed for $45.2 million, excluding Capital Transfers  In addition to the Operating Budget, the Council annually approves the Capital Improvement Budget which has $13.2 million in new funding.  The Operating Budget funds day-to-day Town services while the Capital Improvement Budget funds street maintenance, park improvements, and other facility upgrades.  

FY 2019/20 General Fund Operating Expenditures
$45.2 Million (Excluding Capital & Internal Service Transfers)

General Fund Operating Expenditures

The allocation of funding for key Town services aligns with the Town goals of Public Safety, Quality Public Infrastructure, Community Character, Good Governance, Fiscal Stability, and Civil Enrichment.

Where Does the Money Come From?
FY 2019/20 General Fund Operating Revenue - $45.3 million

Where Does the Money Come From?

How Is Property Tax Distributed?

How Is Property Tax Distributed?

  • The Town receives $9.30 of every $100 collected in property tax paid by property owners.
  • The Town receives $1.125 of every $9.125 of sales tax paid for taxable sales generated in Town.