revenue

Is SnowGlobe an event that should stay in South Lake Tahoe?

The answer is "yes" according to the City Council, but exactly how the future working and financial relationships between the City and SnowGlobe will look still needs to be worked out.

Chad Donnelly, founder of SnowGlobe, made a presentation at the SLT City Council meeting Tuesday, outlining a plan to keep the annual December 29-31 music festival in the community.

I founded LimeBike because I wanted my son and the future generation to live on a healthy planet. LimeBike aims to provide a sustainable solution to that first and last mile problem: how do we get people from a central location (such as their homes) to their destination (such as their office or the grocery store) in an affordable and accessible way while eliminating our carbon footprints? How do we get the future generations to change their behavior so we can save this planet?

SOUTH LAKE TAHOE, Calif. - Dr. James Tarwarter, Superintendent of Lake Tahoe Unified School District, was at Tuesday's South Lake Tahoe City Council meeting to explain why LTUSD should receive $150,000 from the City for ballfield maintenance. He walked away with $75,000 with a strong recommendation that he join the Community Field Consortium Tarwater chose not to join in November, 2015.

Last Friday, I delivered to the Board of Supervisors and publicly released the County’s Recommended Budget. The 422-page document deserves some context.

With an increase of $4.5 million to CalPers in 2018, changes to some social service programs, the impact of prison realignment, a "challenging" budget for El Dorado County is now available for public review. It is going to the Board of Supervisors (BOS) as well and they will have future meetings on the subject.

Through the end of May, the Nevada Highway Patrol, Douglas County Sheriff's Office and other local law enforcement agencies have launched Click it or Ticket, an campaign to educate motorists on seatbelt usage. During this time, officers will be joining forces and watching for drivers and occupants in vehicles who are not wearing their seatbelts and/or children who are not properly secured in car or booster seat(s). Law enforcement will be stopping drivers for traffic offenses and issuing citations for seatbelt violations if unbuckled.

Teresa Marty will be spending the next ten years in prison after causing the IRS to pay more than $9 million in false refunds.

The 57-year-old Pollock Pines woman owned Advanced Financial Services (AFS), a tax return preparation business located in Placerville. She conspired with her office manager, Pamela Harris and Rebecca Bandera-Marty to file more than 250 fraudulent federal tax returns claiming more than $60 million in refunds.

Business-minded South Shore locals, entrepreneurs, travel/tourism operators and marketing professionals are invited to the Lake Tahoe Visitors Authority and Tahoe Chamber's annual tourism forum. This year, the focus is “Welcoming the Global Guest.” The forum, which will focus on how Lake Tahoe businesses and locals can better prepare for international travelers, including Chinese visitors, will be held on Tuesday, April 18 from 8:15 a.m. to 11:00 a.m. at the Lake Tahoe Resort Hotel.

Casinos in the state of Nevada registered a "gaming win" of $1,036,265,398 in January. This amount is 12.02 percent higher than January of 2016.

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

On the South Shore, the casino win was up 10.83 percent with their reported income of $17,105,546. Since the fiscal year began July 1, the local casinos have been on the positive side most months. Their "gaming win" since then has been $139,616,089, up 8.03 percent.

Transient Lodging License taxes may soon be increased one percent at properties in the Lake Tahoe portion of Douglas County (Lake Tahoe Township) to fund redevelopment projects including the addition of an event/convention center.

Overwhelming support for the tax increase was evident at the Douglas County Commissioner's meeting Thursday, where the elected officials voted 4-1 to approve the increase which would go into effect May 1, 2017.

The City of South Lake Tahoe's second workshop on vacation home rentals (VHRs) drew about 45 people in person Wednesday, while several others participated from home via the internet. As is every discussion about VHRs in the community, passions ran high and differences were apparent.

It was a winning year for Nevada casinos as they turned a $661.7 million loss in 2015 into a $978.9 million gain in net income during Fiscal year 2016 (FY16).

There are 273 casinos in Nevada that have gross receipts of $1 million or more, and together they had $25 billion in total revenue during the year. Total revenue is the money spent by patrons on gaming, rooms, food, beverage, and other attractions.

Net income/loss is the money retained by casinos after expenses have been paid but prior to deducting federal income taxes and prior to accounting for extraordinary expenses.

An unlicensed El Dorado county tax preparer was sentenced Friday to 3 1/2 years in prison and ordered to pay $1,895,833 in restitution for conspiring to file false claims and filing false claims. Her co-conspirator will be sentenced next week.

Barbara Antonucci, 49, and her co-conspirator, Sherry Taggart, 56, of El Dorado Hills, prepared tax returns for clients seeking to maximize their refunds from the Internal Revenue Service.

In an effort to save lives, the Nevada Highway Patrol and other law enforcement agencies will be looking for motorists and their occupants who are not buckled up during their "Joining Forces" event November 14 through December 10, 2016 on Nevada roadways.

7:00 a.m. 11/9 update: 100 percent of the precincts have been counted in Douglas County.

Douglas County School Board

Area 3
Keith Byer 13,009 65.88 %
Michael Kiger 6737 34.12 %

Area 4
Linda Gilkerson 11,760 58.19 %
Larry Lippman 8450 41.81 %

Cave Rock General Improvement District

Ralph Miller 53 43.80 %
Joanne Zerg 45 37.19 %
Michael Rooney 23 19.01 %

Tahoe Douglas Fire Protection District

Greg Felton 1710 27.57 %
Ann Grant 1680 27.08 %
Larry Schussel 1678 27.05 %

All candidates for South Lake Tahoe City Council were given the same questions. With just one day to go to the elections, we will be featuring their answers and a video of their interview with Tahoe Regional Young Professionals through the day.

Trey Riddle, 38 years old, Bartender, 3 years in South Lake Tahoe

Discuss your interest in serving on City Council. What is your prior experience in working with civic, community or governmental organizations?

Every new parent in Tahoe knows that finding quality childcare is a struggle. Facilities have long waiting lists; and only a few can offer State subsidies to low-income families.

According to Choices for Children a healthy childcare vacancy rate is 15%. That gives parents choice in where to put their child based on location, costs or personal preferences. Here in Tahoe our vacancy rate is just 5% and as our population continues to grow that percentage is likely to decrease further.

There are many important issues concerning the Nation, California and South Lake on the November 8th ballot. Not only we will decide on who the next President is but we’ll also be voting in two City Officials, who some could argue will actually have a greater impact on our daily lives than the Nation’s Leader.

Income for casinos on the South Shore rose again in August, 2016, recording a 26.66 percent gain in gaming win when compared to income from a year ago. This was the biggest gain of any area in the state of Nevada, according to the Nevada Gaming Control Board.

Their gain in gaming revenues was $5,033,378, the highest percentage gain in Nevada. This is the second month in a row that the South Shore casinos posted the biggest increase in the state.

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

Another wave of aggressive and threatening phone calls by people identifying themselves as the Internal Revenue Service (IRS) is making its way across South Lake Tahoe.

On Friday, two dozen citizens either called the South Lake Tahoe Police Department, or stopped by their office, to alert them of the phone calls.

Income for casinos on the South Shore rose in July, 2016, recording a 20.03 percent gain in gaming win when compared to income from a year ago. The $27,985,039 was the highest percentage gain in Nevada.

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

This is the first month of the fiscal year, so off on a good foot.

As a state, Nevada was up 9.96 percent over last July, with $1,015,014,676 extra left behind at the table and slots. Boulder Strip casinos saw the biggest loss for the month, with their take of gaming down 8.19 percent.

The City of South Lake Tahoe is still trying to work out a deal with the Halferty Development Company, a $4 million sale of the developable portions of the lots known as the "Knights Inn Properties."

During Tuesday's City Council meeting a purchase agreement was scheduled to be voted on, but SLT City Manager Nancy Kerry had to pull it off the agenda.

"We are still working on it," Kerry told South Tahoe Now. "We are still negotiating and have some issues to work out."

Income for casinos on the South Shore was up in June, 2016, recording a 6.47 percent gain in gaming win when compared to income from a year ago. They had a "win" of $18,753,534.

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

For the fiscal year, the local casinos continue to be off from last year, with a drop in the gaming win by 3.84 percent.

Most people don't like taxes, or having any new ones, but South Lake Tahoe voters will have the choice in November to vote on two ballot measure that would bring about two tax rate hikes, one that only tourists will pay, and another that will be paid for by both locals and tourists.

If passed, the ballot measures will accomplish two things: replace the recreation complex and repair the City's roads and/or replace the aging fleet.