taxes

Nevada Gaming Control Board: South Shore casino revenue down 12 percent

The Nevada Gaming Control Board released its monthly report today and casinos on the south shore of Lake Tahoe posted a 12.05 percent drop in revenue when compared to June 2018.

Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $1,040,994,041 for the month, an 11.57 percent increase compared to June 2018, when licensees reported a gaming win of $933,019,638. For the fiscal year (July 1, 2018 through June 30, 2019), gaming win for the state has increased 0.80 percent.

The "gaming win" represents the computed income of casinos before business expenses and taxes.

Labor Day outdoor “Bohemian Rhapsody” movie, concert and laser show

Event Date: 
September 1, 2019 - 5:30pm

LAKE TAHOE, Nev. - Harveys Lake Tahoe has added a new and unique attraction over the Labor Day Weekend. On Sunday, Sept. 1, it is the ultimate Queen experience with a sing-a-long screening of a special, unreleased version of the mega-hit movie “Bohemian Rhapsody” on the big outdoor screen in the Lake Tahoe Outdoor Arena, a live performance by the Killer Queens and a Laser Light Spectacular.

Tahoe Township hotels and VHRs now have new $5/night surcharge

LAKE TAHOE, Nev. - A new $5 per night surcharge will be added to all hotel rooms and other transient lodging accommodations within the Lake Tahoe Township area of Douglas County.

As a result of Senate Bill 461, the new law adding the fee went into effect July 1, 2019, giving the new charge to Tahoe-Douglas Visitor’s Authority (TDVA) for a planned event center in Stateline. It affects all bookings received by the lodging properties after July 1.

Masters of Illusion Live comes to Harrah's Tahoe for the summer

STATELINE, Nev. - The popular television series and touring magic show Masters of Illusion has made a stop in Lake Tahoe this summer. Until September 2, 2019, the award-winning stars of the show Dan Sperry, Farrell Dillon, Michael Turco and Tommy Wind will be performing in the South Shore Room in Masters of Illusion Live!

Top off your gas tanks in California Sunday...tax up another 5.6 cents July 1

SOUTH LAKE TAHOE, Calif. - If you thought gas prices on the California side of Lake Tahoe were already high, they are about to go up again on July 1. Tax will now rise from 41.7 cents to 47.3 cents per gallon and is the second in a wave of gas tax increases.

The July 1 increase is part of the new annual adjustment to California's gas taxes.

In 2016, the state's tax on gas was 28 cents. It rose 12 cents per gallon in 2017 after the Legislature passed a 10-year tax and fee increase.

Gaming revenues rebound in Lake Tahoe; Drop almost 6% statewide

The Nevada Gaming Control Board released its monthly revenue report today and casinos on the south shore of Lake Tahoe posted an 11.50 percent increase when compared to May 2018.

Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $981,842,080 for the month, a 5.96 percent decrease compared to May 2018, when licensees
reported a gaming win of $1,044,072,414. For the fiscal year (July 1, 2018 through May 31, 2019), gaming win for the state has decreased 0.12 percent.

The "gaming win" represents the computed income of casinos before business expenses and taxes.

Stateline redevelopment area remains intact after Douglas County Commissioners' decision

STATELINE, Nev. - Douglas County Redevelopment Area No. 2 (RDA2) at Stateline is moving forward despite a move to have it dissolved by Douglas County Commissioner Dave Nelson.

There was an overflow crowd at the commissioner's June 20 meeting at Lake Tahoe. Many of those who could not fit in the meeting room were accommodated with audio feed in the judges' chambers and the bottom floor of the parking garage.

El Dorado County Supervisors approve $688 million budget

PLACERVILLE, Calif. - The El Dorado County Board of Supervisors unanimously approved the 2019-20 budget on Monday, one that spends $688 million to fund the County’s programs and services. $313 million of that amount is the County’s general fund which primarily funds public safety and general government services.

South Lake Tahoe City Council to discuss possible change to Charter City

SOUTH LAKE TAHOE, Calif. - When the City formed in 1965 it was incorporated as a general law city for the purpose of having more local control over public services such as police, fire, and snow removal.

Now there is discussion about changing to a charter city. During their March 5 meeting, Councilmember Cody Bass asked that this subject come forward at a future meeting and Councilmembers Jason Collin and Devin Middlebrook said they were interested in learning more about what the differences are between the two, and what it would mean to South Lake Tahoe to switch.

Monthly gaming report: Double-digit drop in Lake Tahoe gaming revenue

LAKE TAHOE, Nev. - While most gambling markets in the state of Nevada saw slight decreases in reported revenues, both the south and north shores of Lake Tahoe saw double-digit decreases in the month of April when compared to 2018.

The South Shore casinos had a 12.54 percent drop in their "gaming win" figures and the North Shore dropped 16.13 percent. The South Shore's $13,064,449 in reported win is $1,873,766 less than the same month in 2018. On the North Shore, their $1,299,849 in gaming win is $249,905 less than last year.

2019 Hooters International Pageant featuring country star Lee Brice at Lake Tahoe Outdoor Arena

STATELINE, Nev. – Country star Lee Brice is heading to Lake Tahoe as part of the 23rd annual Hooters International Pageant on Thursday, June 20 at the 2019 Lake Tahoe Summer Concert Series in the Harveys Outdoor Arena.

Women around the country have been participating in local pageants, all to win a spot at the big event in Lake Tahoe.

Viewing the pageant and concert are open to the public and tickets are on sale now.

Nevada Gaming Control Board: South Shore casinos back on the winning side

STATELINE, Nevada - Casinos on both the north and south ends Lake Tahoe saw a gain in revenue in March 2019 according to figures released by the Nevada Gaming Control board.

Revenue on the South Shore was $15,913,477, up 9.16 percent from the same month a year ago when revenue was $14,577,529. On the North Shore, their reported revenue of $2,085,064 was up 2.2 percent from March 2018.

Statewide, the revenues reported by casinos was $1,022,974,672, down .12 percent from last year.

The "gaming win" represents the computed income of casinos before business expenses and taxes.

Monthly gaming report: Lake Tahoe casino revenue sees sharp drop

STATELINE, Nevada - Casinos on both the north and south ends Lake Tahoe saw a big drop in revenue in February 2019 according to figures released today by the Nevada Gaming Control board.

Revenue on the South Shore was $14,571,570, down 26.64 percent from the same month a year ago when revenue was $19,861,878. On the North Shore, their reported revenue of $1,411,965 was down 24.74 percent from February 2018.

Statewide, the revenues reported by casinos was $1,011,538,885, down .62 percent from last year.

Area voters to decide new State Senator on Tuesday

On Tuesday, March 26, 2019, voters will be selecting their new District 1 State Senator, a vacancy created when Ted Gaines won a seat on the state Board of Equalization in November.

District 1 spans California’s northeastern corner from the Oregon border to Lake Tahoe, including some of the Sacramento area’s eastern suburbs. Residents living in Alpine, El Dorado, Lassen, Modoc, Nevada, Plumas, Shasta, Sierra, and Siskiyou Counties are in District 1 as well as parts of Placer County (Auburn, Colfax, Lincoln, Loomis, and Rocklin) and Sacramento County (Folsom, Orangevale, and Fair Oaks).

Nevada and South Shore casino income down in the month of January

Gaming revenue for the State of Nevada during the month of January 2019 showed an decrease over the same month a year ago, posting a loss of 3.01 percent with a "win" of $984,526,623 for casinos in the state (down $30.5M) according to figures released by the Nevada Gaming Control Board today.

The South Shore of Lake Tahoe experienced a loss when compared to January 2018 as well, down 14 percent with their recorded "win" of $16,892,197. This was the largest percentage loss in the state.

The "gaming win" represents the computed income of casinos before business expenses and taxes.

Nevada Gaming Control Board: South Shore casino revenue up over 10%

Gaming revenue for the State of Nevada during the month of November 2018 showed an increase over the previous year, posting a gain of 6.40 percent with a "win" of $967,168,553 for casinos in the state (up $5.8M) according to figures released by the Nevada Gaming Control Board today.

The "gaming win" represents the computed income of casinos before business expenses and taxes.

On the South Shore, the $17,136,801 in gaming revenue earned by the casinos was up by 10.49 percent from 2017. The Carson City and Carson Valley had a "win" of $8,974,211 in September, up 3.48 percent.

Scammers attempt to get money from South Lake Tahoe business owner

SOUTH LAKE TAHOE, Calif. - A scammer attempted to get money out of a South Lake Tahoe business owner on Thursday, December 20 by pretending to be from the South Lake Tahoe Police Department (SLTPD).

The call came into the business from what looked like the police department's main phone line. The person on the other end told the owner he owed money on old credit cards and would be arrested if he didn’t pay up. The caller gave him a number to call, 512-333-2304, and when he called they asked for $1985.

He hung up and called police.

Letter: It's time to vote for Tamara Wallace

Dear Citizens of South Lake Tahoe,

Nevada Gaming Control Board: South Shore casino revenue drops in September

Gaming revenue for the State of Nevada during the month of September 2018 showed a slight increase over the previous year, posting a gain of 1.26 percent with a "win" of $991,222,034 for casinos in the state, according to figures released by the Nevada Gaming Control Board today.

The "gaming win" represents the computed income of casinos before business expenses and taxes.

South Tahoe Now: No on Measure T

Election season can be an exciting time of year with anticipation of the possibilities, but this year in South Lake Tahoe election season is full of negativity that has pitted neighbor against neighbor. One year ago I wrote an editorial "Use the election to create a community of collaboration and teamwork," and today I urge continuance of community, collaboration and teamwork.

Letter: Is Measure T Really Too Extreme?

I am surprised that some people call Measure T “too extreme,” when the measure a) still allows fulltime residents to rent out their houses for 30 days per year, b) promotes the development and expansion of VHRs in areas properly zoned as commercial or part of the Tourist Core.

Do you know what is really “too extreme”?

• Local businesses struggling to fill open positions because their employees can’t find long-term housing in Tahoe.

South Lake Tahoe Money News: Investing for income; Why all income is not equal

Today we are faced with broad challenges in our investing climate. Rising interest rates and high stock valuations can create unforeseen challenges.

Did you know that all investment income is not equal, at least in the eyes of the IRS? Let us start with some of the basics before we digress into more complicated subject matter.

Caltrans District 3 projects created by SB1 funds

SOUTH LAKE TAHOE, Calif. - Have you ever wondered where the extra gas tax money you now pay at the pump is going? The increase on the excise taxes on gasoline and diesel along with new registration fee for cars based on their value have so far created 26 projects in District 3 as well as in other districts across the state.

But now that funding is being challenged.

Truckee man charged with tax evasion and filing false tax returns

A world-renown veterinarian living in Truckee, California is facing tax evasion and filing false tax returns.

A federal grand jury returned an eight-count indictment today against Jack Ray Snyder, 61, alleging he failed to report significant income and filed false tax returns between 2012 and 2014. Besides the income discrepancy, Snyder is charged with deducting non-deductible personal expenses and overreporting his property taxes.

Meet the Candidate: Bruce Grego to bring fairness and honesty to the Council

SOUTH LAKE TAHOE, Calif. - Each of the nine candidates for City Council answered the same ten questions that were given to them by South Tahoe Now. For nine consecutive days the candidate's responses will be shared in the order received.

Today, the first-time candidate Bruce Grego gives his responses as he seeks a seat again on the South Lake Tahoe City Council:

Meet the Candidate: Patrick Jarrett would like to see South Lake Tahoe come together

SOUTH LAKE TAHOE, Calif. - Each of the nine candidates for City Council answered the same ten questions that were given to them by South Tahoe Now. For nine consecutive days the candidate's responses will be shared in the order received.

Patrick Jarrett shares his thoughts in his quest for a seat on the South Lake Tahoe City Council:

South Shore casinos continue to show gains in reported revenues

Gaming revenue for the State of Nevada during the month of August 2018 dropped when compared to the same month in 2017, posting a loss of 7.74 percent with a "win" of $912,980,589 for casinos in the state, according to figures released by the Nevada Gaming Control Board today.

On the South Shore, the $26,789,111 in gaming revenue earned by the casinos was up by 4.74 percent from 2017. The Carson City and Carson Valley had a "win" of $9,650,518, up 2.77 percent.

The "gaming win" represents the computed income of casinos before business expenses and taxes.

Douglas County senior scammed out of $34,000 over 20-month period

The Douglas County Sheriff's Office (DCSO) recently made connections with a senior citizen through their new Caring Neighbors Program. They found the senior had been scammed out of over $34,000 over the past 20 months.

In the program, a deputy and a volunteer visit seniors to obtain needed information such as consent, next of kin and medication information. The information is beneficial in case of a future emergency involving the senior citizen.

South Shore casinos hit the jackpot in July

Gaming revenue for the State of Nevada during the month of July 2018 remained almost even with the previous year, posting a loss of .16 percent with a "win" of $996,439,793 for casinos in the state, according to figures released by the Nevada Gaming Control Board today.

On the South Shore, the $29,940,267 in gaming revenue earned by the casinos was up by 25.52 percent from 2017. The Carson City and Carson Valley had a "win" of $9,559,069, up .31 percent.

The "gaming win" represents the computed income of casinos before business expenses and taxes.

Letter: This shouldn't be happening

There ought to be a compromise letting city homeowners rent out their houses to vacationers, but the topic is controversial. The city once felt residents should know what was permissible in their neighborhoods and maintained an online database listing. This has been removed. Maybe residents shouldn't know about rentals allowing 22 guests?

Location

1360 June Way
United States
37° 5' 24.864" N, 95° 42' 46.4076" W

South Shore casino gaming revenue drops in June

Gaming revenue for the State of Nevada during the month of June was up 4.17 percent in 2018 when compared to the same month in 2017, bringing in a "win" of $933,003,709 to casinos in the state, according to figures released by the Nevada Gaming Control Board today.

On the South Shore, the $18,717,280 in gaming revenue earned by the casinos was down 8.65 percent from 2017. The Carson City and Carson Valley had a "win" of $9,028,184, up 7.34 percent.

In May, the gaming revenue for the South Shore was $18,022,230.

$1.6M band-aid given to TTD for South Lake Tahoe bus service

The Nevada Department of Transportation (NDOT) has given Tahoe Transportation District (TTD) $1.6M to help continue bus service from Carson City to the Carson Valley and on to Lake Tahoe, but more is still needed to help TTD continue service both at the lake and in the valley.

Two-person police team protecting South Lake Tahoe waters

A day on the lake is a dream come true for many, but for two South Lake Tahoe Police Department officers it's another day at the office. As they navigate Lake Tahoe they are looking for speeders, unsafe practices, life vests, drunk boaters and boat registrations, as well as responding to life threatening crashes and drownings.

"It's our little city out here," explained Steve O'Brien who has manned the South Lake Tahoe police boat for 17 summers.

Most of Nevada sees gains in gaming revenue again in May

Gaming revenue for the State of Nevada during the month of May was up 5.29 percent in 2018 when compared to the same month in 2017, bringing in a "win" of $1,044,079,556 to casinos in the state, according to figures released by the Nevada Gaming Control Board.

On the South Shore, the $18,022,230 in gaming revenue earned by the casinos was up 1.14 percent from 2017. The Carson City and Carson Valley had a "win" of $9,931,012, up 15.58 percent.

The "gaming win" represents the computed income of casinos before business expenses and taxes.

SLT City Council delays decision on cannabis taxes, requests more information

The good news, South Lake Tahoe City Council approved an adult-use cannabis ordinance at their special meeting Monday.

What hasn't been worked out yet is how much to charge the different types of cannabis businesses to operate, and how product and surrounding services will be taxed.

Approval of cannabis ordinance in South Lake Tahoe greeted by applause

A unanimous vote of the South Lake Tahoe City Council brought applause from the audience during Monday’s special meeting. It has been months of expert testimony, community input, committee meetings, and almost two dozen public meetings that led to Monday’s approval of two new cannabis ordinances.

“You have done a remarkable job,” said local resident Oliver Starr on the Council’s sorting out what will be best for the community. Starr said they created an ordinance that is clean, safe and reputable.

Special South Lake Tahoe City Council meeting Monday

Event Date: 
July 2, 2018 - 9:00am

There will be a special meeting of the South Lake Tahoe City Council on Monday, June 2 starting at 9:00 a.m. in Council Chambers at the airport.

Cannabis is the topic of the main reason for the meeting, both a vote on a tax measure for the November ballot and a public hearing on the zoning and regulations of adult use cannibus businesses and the medical marijuana dispensary.

City Council to look at marijuana sales ordinance during Tuesday's meeting

SOUTH LAKE TAHOE, Calif. - At their May 1 meeting, the South Lake Tahoe City Council gave direction to the City Attorney's office to draft ordinances to regulate sales, cultivation and distribution of medical and adult-use cannabis.

Consensus at that meeting was to allow for two micro-businesses, two retail businesses, two cultivation businesses up to 5,000 square feet and unlimited testing labs.

At that same meeting, the Council assigned councilmembers Austin Sass and Brooke Laine to an ordinance sub-comittee and they have worked on the ordinance will be voted on Tuesday.

Most of Nevada sees gains in gaming revenue in April

Gaming revenue for the State of Nevada during the month of April was up 7.5 percent in 2018, bringing in a "win" of $953,698,753 to casinos in the state according to figures released Thursday by the Nevada Gaming Control Board.

On the South Shore, the $14,938,015 in gaming revenue earned by the casinos was up 12.61 percent from 2017. The Carson City and Carson Valley had a "win" of $9,214,172, up 7.08 percent.

The "gaming win" represents the computed income of casinos before business expenses and taxes

Charter plans to cut KCRA from South Lake Tahoe lineup

UPDATE 5/22 8:35 a.m.: El Dorado County Supervisor Sue Novasel has arranged for a call between the County, City and Charter Cable people this Friday. "We need KCRA for South Tahoe (it’s a public safety issue in my opinion) She, along with others, remember when Charter tried to discontinue California services in 2008.

* * *
News that KCRA will be soon be removed from the Charter Communications lineup for South Lake Tahoe is not being taken well by many locals.

Full agenda for South Lake Tahoe City Council

Tuesday, April 17 will be the next South Lake Tahoe City Council meeting, starting at 9:00 a.m. in the council chambers at the airport.

A cannabis ordinance will once again be discussed during the meeting. Micro-businesses, on-site consumption, permit costs, taxes, and number of licensees will be a few of the points they will discuss as an ordinance is developed.

The Council will also be voting on steps to replace the City Attorney and City Manager.

South Shore casinos hit it out of the ballpark in February

The month of February, 2018 proved to be a good bet for the casinos on the South Shore of Lake Tahoe when the gaming records were tallied, according to a monthly report released by the Nevada Gaming Control Board today.

Harrah's, Harveys, MontBleu, Hard Rock and Lakeside Inn combined for a "gaming win" of $19,861,878, up 32 percent from the same month a year ago.

The "gaming win" represents the computed income of casinos before business expenses and taxes.

Letter: Let the voters decide fate of Bypass Loop Road

The following was sent to the South Lake Tahoe City Council and was shared with South Tahoe Now:

Low public turnout for EDC budget presentation

MEYERS and SOUTH LAKE TAHOE, Calif. - The El Dorado County Chief Administrative Officer (CAO) Don Ashton has been making the rounds to communities throughout the county, explaining the budget through an informative presentation and discussion.

Most of the communities Ashton has visited have had 15-20 citizens in attendance, all asking questions and giving input in the budget process as Ashton and the Supervisors figure out how to save $20M over the next four years to meet CalPers pension liabilities.

Letter: No Globe Alliance lays out plan

The following is an email sent to both the South Lake Tahoe City Council and the SnowGlobe Music Festival organizers:

1. Independent Engineer:
- a. Repeat previous dB tests for comparison
- b. Establish new dB tests and standards
- c. Establish Sound Czar with authority to adjust volume or end performance of artist
2. Must have standards, monitoring and fines for violations that are independently en-forced with a mechanism to have complaints responded to within 20 minutes of being reported (no unattended phone number for complaints).
3. Noise Engineering per Presentation.

New York City consumes the most cannabis in the world: 77.44 metric tons a year

The biggest cities in the world stand to make a lot of money from marijuana legalization.

That’s the takeaway from an economic study cultivation tech company Seedo published following the 2018 Cannabis Price Index detailing the cost of marijuana. It looks at marijuana use, legality, cost, and calculates the potential taxes in 120 cities across the world.

Robert Plant and the Sensational Shape Shifters headed to Lake Tahoe with Los Lobos

Music icon Robert Plant is bringing his Carry Fire tour to the lake on June 23, 2018 at the Lake Tahoe Outdoor Arena at Harveys. He will be performing with his band, The Sensational Space Shifters. Los Lobos will be their opening act.

The English singer, songwriter, and musician is best known as the lead singer and lyricist of the rock band Led Zeppelin. He formed The Sensational Space Shifters in 2012 and since then they have toured and released albums, the latest of which is Carry Fire.

South Shore casinos show big gain in January; Carson Valley on plus side too

Gaming revenue for the State of Nevada during the month of January showed a two percent gain over the same month in 2017. The had a "gaming win" of $1,015,027,320 according to figures released Wednesday by the Nevada Gaming Control Board.

On the South Shore, the $19,641,340 in gaming revenue earned by the casinos was up 14.83 percent from January, 2017. The Carson City and Carson Valley had a "win" of $8,101,427, up 7.21 percent.

The "gaming win" represents the computed income of casinos before business expenses and taxes.

The North Shore casino win was down 1.46 percent.

SLT Parks & Recreation Commission opposes events on local fields

With the March 6 South Lake Tahoe City Council meeting set to address the annual music festival SnowGlobe, the Parks & Recreation Commission held a special meeting to decide what their stance would be on the festival being held on the Community Playfields.

The new playfields have never had a soccer or football game played on them, but they are in need of a lot of repair after SnowGlobe unpacked and left after their Dec. 29-31 event.

City of South Lake Tahoe to host cannabis workshop

Event Date: 
February 20, 2018 - 5:00pm

After Tuesday's normally scheduled 9:00 a.m. meeting, they will move to the Tahoe Beach Retreat & Lodge for an evening Cannabis Workshop to discuss upcoming regulations concerning the sales of adult-use cannabis in South Lake Tahoe. They moved to the larger venue due to expected participation.

On February 20, from 5:00 p.m. to 8:00 p.m., members of the public can give their input on what an ordinance concerning the sales of cannabis in city limits should look like. Besides council members there will also be representative of the Planning Commission and Cannabis Subcommittee.

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