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HEARING - Chief Administrative Office recommending the Board consider the following, with regard to the City of South Lake Tahoe Clean-up Reorganization, Local Agency Formation Commission (LAFCO) Project 2024-01:
1) Conduct a public hearing in accordance with California Revenue and Taxation code 99.02(e), to consider the effects on fees, charges, assessments, taxes, or other revenues resulting from the transfer of General Fund base property tax revenue to the City of South Lake Tahoe upon completion of the annexation by the City of South Lake Tahoe; and
2) Adopt and authorize the Chair to sign Resolution 189-2024 accepting the exchange of property tax increments and approving the negotiated transfer of General Fund base property tax revenue to the City of South Lake Tahoe upon completion of the annexation of 80 parcels within El Dorado County into the City of South Lake Tahoe service area, LAFCO Project 2024-01.
FUNDING: General Fund.
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DISCUSSION / BACKGROUND
Background
On June 6, 2023, upon review of the Fiscal Impact Analysis on potential annexation scenarios, the City of South Lake Tahoe (City) Council passed a motion (5-0) providing direction to pursue the annexation of the “cleanup” parcels consisting of 90 parcels totaling 411.8 acres currently in unincorporated El Dorado County into the City. The main reason for annexation of these parcels is that the City has been providing public services to these areas (including police, fire, and snow removal), because of their location adjacent to City limits but geographically removed from the rest of the inhabited portions of El Dorado County, but has not received any tax revenue from the area to support the provision of these services. On November 16, 2023, the City Planning Commission passed a resolution recommending that the City Council adopt General Plan and City Code amendments, and pre-zone the 90 parcels within the City Sphere of Influence for subsequent annexation of such properties. On March ...
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