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NEWS Highlights

August 21, 2008
Calabasas Budget Forecast Bright
 
August 18, 2008
Five Honored for Exemplary Financial Performance
 
August 14, 2008
Calabasas CFO Wins Award
 
May 29, 2008
Calabasas budget still holds ample reserves
 
September 6, 2007
Calabasas CFO at Chamber
 
October 26, 2006
2006 Edward L. Masry Awards
 
 

 

 
ELECTION CANDIDATE - NOVEMBER 2008
GARY J. LYSIK
Chief Financial Officer
 
Castaic Lake Water Agency
BOARD MEMBER AT LARGE


What's the deal with the banner-toting-EXPERIENCE-claims that have recently become common in political races? This whole idea of "I should be in office because I've got the most experience" is so ironic. Don't get me wrong. There is something to be said for know how. I've spent 25 years perfecting my craft and have a TRACK RECORD of accomplishments to show for it. Still, I'm concerned that often longevity is mistaken for effectiveness.

Many candidates falsely cling to the message of 'experience'. They do so hoping to get voters to buy in to the often phony notion that spending 8-10 years in the same position develops the skill set necessary to be effective.

The thing I love most about the people in our valley is that we refuse to be manipulated or fooled. We all can think of someone who has been working for many, many years at the same task without making a valuable contribution. What we've come to KNOW is that longevity does not automatically mean that best practices are being used.

I am the best choice to fill the BOARD MEMBER AT LARGE seat with the Castaic Lake Water Agency (CLWA). Given the agency's financial struggles and increasing concerns about supply and demand, the agency has a profound need for expert financial leadership. NOT ONE of the 11 board members currently seated have expertise in Municipal / Government finance since the majority have come from 'water' backgrounds. Consequently opportunities for strategic financial positioning and advancement in order to keep rates from soaring are lost. Because of this significant handicap, the CLWA is bleeding money. The pain is evidenced in an anemic bottom line and a desperate scramble to raise rates and find additional sources of affordable, clean water. Needless to say, the frenzy creates pockets of fiscal vulnerability that are passed on to us consumers who feel the financial burden of being forced to pay higher rates.

Over the past several years, the CLWA has been subjected to several law suits, unfavorable court rulings, and questions regarding financial standing. CLWA has been plagued with charges of fiscal mismanagement and missed funding opportunities while the financial cost to Santa Claritans has surpassed the cost of living. In fact, we have seen double digit percentage increases in water rates with more promised on the horizon.

Castaic Lake Water Agency does not need another seasoned WATER EXPERT seated on the board. They already have 10. In that regard their cup runneth over. Castaic Lake Water Agency needs a board capable of exercising solid fiscal judgment …the kind that comes from specialty training.

As Chief Financial Officer for the City of Calabasas and most recently named TOP CFO by the San Fernando Valley Business Journal, I have the skill set and the expertise needed to make the board complete.

If you're tired of picking up the tab…paying for high gas / fuel prices; paying for mismanagement; paying for settlements and law suits; paying for bad home loans; paying for an incomplete team, November 4th is your time to make a CHANGE.

 
Vote GARY J. LYSIK

FISCAL RESPONSIBILITY for a CHANGE

 


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