Placer County supervisors approves almost $4.5M for eight Tahoe projects

The Placer County Board of Supervisors unanimously approved $4,493,818 for eight capital improvement projects during its January 24 meeting. The Capital Advisory Project Committee (CAP) recommended the projects that will be funded by Tourism Occupancy Tax (TOT) funds.

During this year’s grant cycle, the CAP Committee received 13 project requests totaling $8.1 million. The committee determined three applications did not meet funding criteria and two other projects were supported by the committee but were encouraged to seek other identified funding sources.

The CAP Committee had $7.2 million in available funding for project recommendations, including $5.5 million in Transit Occupancy Tax collected over the past fiscal year and $1.7 million of leftover funds from the previous grant cycle. The remainder of $2.7 million will be reserved for future projects.

“I’m thankful for the CAP Committee’s deliberation and commitment to recommending these projects in our region,” District 5 Supervisor Cindy Gustafson said. “There are many important needs in our area and I’m so thankful the committee reserved funds for future projects that could go to addressing critical housing and transportation issues.”

Projects funded in this grant cycle featured portions of the Resort Triangle Trail, including the Martis Valley Trail ($2 million), Flick Point II trail ($70,000), and the North Tahoe Trail ($1.5 million). Additional dirt trails and amenities were also funded including Sawtooth Trails ($157,983), Donner Lake Rim Trail ($265,000), and Cabin Creek trailhead amenities ($91,694). Both North Tahoe Public Utilities District ($58,141) and Tahoe City Public Utilities District ($351,000) received funding to enhance community signage projects.

The CAP Committee is co-convened by Placer County and the North Lake Tahoe Resort Association and is tasked with making recommendations to the Placer County Board of Supervisors for grant awards to fund infrastructure and capital projects. The committee includes 13 appointed members representing eastern Placer County businesses, special districts, ski resorts, the North Lake Tahoe Resort Association and Placer County.

This is from District 5 Supervisor Cindy Gustafson's newsletter