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South Lake Tahoe council adopts $67.3 million fiscal year 2025–26 budget; sets aside $150,000 for transit JPA
Summary
The council adopted a balanced FY2025–26 municipal budget, maintained a 25% operating reserve and agreed to include $150,000 in next year’s budget as the city’s initial JPA contribution while urging the county to participate.
The South Lake Tahoe City Council on Aug. 27 adopted a $67.3 million general fund budget for fiscal year 2025–26 and included a $150,000 allocation in the budget to support the South Tahoe Transit Joint Powers Authority (JPA).
City Manager Mr. Irvin and Finance Director Tiko Marova presented the recommended municipal operating and capital plan, which totals roughly $246.7 million across all funds. The plan keeps the city’s 25% operating reserve intact — about $16.3 million — and funds a mix of infrastructure work, public safety positions and the new multi‑generational recreation center’s start‑up costs.
Marova said the general fund increase reflects stronger than projected revenues in the city’s three largest categories — property tax, transit occupancy tax and sales tax — and a…
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