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NTCA Board of Directors makes recommendations for ongoing TOT funding

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Source: Sierra Sun

TAHOE CITY, Calif. – At its November meeting, the NTCA Board of Directors supported the TOT Advisory Committee’s motion to recommend ongoing funding for seven proven local housing and transportation programs. If approved by the Placer County Board of Supervisors at their December meeting, the expenditure would include up to $18,186,634 in Transient Occupancy Tax (TOT) funds generated by overnight visitors who stay in local hotels or short-term rentals be invested over the next three years. “A broad coalition of local residents who volunteer their time on the TOT committee and the NTCA Board of Directors selected the projects that have been recommended for ongoing funding because of their proven impact on our community,” said Tony Karwowski, NTCA president and CEO.

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