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Truckee Special Service Area (TSSA 1) Funding

This document outlines the background, allowable uses, and proposed projects for TSSA-1 funding in the Truckee Special Service Area. It includes ongoing maintenance, pavement improvements, special projects, and potential uses for the funds. The conclusion highlights staff recommendations for the annual hearing and upcoming budget reviews.

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Truckee Special Service Area (TSSA 1) Funding

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  1. Truckee Special Service Area (TSSA 1) Funding Becky Bucar, Town of Truckee March 23, 2019

  2. TSSA 1 Background • Established by Nevada County • Continued by Town of Truckee upon incorporation • Properties within Tahoe Donner Subdivision • Existing assessment: • $95.00 per improved lot • $70.00 per unimproved lot • $595,000 per year • Individual account, bears interest

  3. Allowable Uses • Roadway and drainage maintenance and improvement • Trail development and construction within and/or serving TSSA1 area (2011) • Public parking improvements (in Town right-of-way) directly benefiting TSSA residents (2011) • Enhanced snow removal (2017)

  4. TSSA1 Expenditures in FY 18/19

  5. Ongoing Use TSSA 1 Funds • Improved Maintenance on Tahoe Donner Roadways: • Slurry seal every 3 years (vs. 5) • Paving on local roads on approximate 20-year interval (vs. 30-year interval). • Overlay NorthwoodsBoulevard loop on an 8-year cycle (vs. 15-year cycle). • Reserve Funding • Special Projects (on-street parking, trails, etc.)

  6. 2018 Pavement Maintenance Program • TSSA1’s funding share of paving and slurry seal = approximately $541,000/yr. • Measure V and/or the General Fund = approximately $3.6 million/yr.

  7. Other Special Projects (recommended for inclusion in 19/20 budget) Donner Lake/Donner Pass Road Parking Improvement Feasibility Analysis • Parking demand and improvement feasibility • Potential to improve parking, circulation, and pedestrian/bicycle safety. • $100,000 in FY 19/20 budget to complete study. • $1,000,000 in FY 20/21 for construction if pursued (must be in ROW).

  8. Other Special Projects (recommended for inclusion in 19/20 budget) Tahoe Donner Drainage Maintenance Project • Maintain various cross country drainage courses in Tahoe Donner. • Evaluation of existing drainage, easements identification, maintenance responsibility. • $30,000 in FY 20/21 • $500,000 in FY 21/22.

  9. Other Potential Uses of TSSA 1 Funds • Transit expansion into Tahoe Donner neighborhoods (requires Town Council approval) • Note: Additional transit funding is expected to be received – TSSA 1 funds used as match could impact prioritization.

  10. Adequate reserves within the TSSA 1 fund proposed projects. Over the next 5years the TSSA 1 fund balance is expected to remain at or above $3.7 million.

  11. Fund Balance • There are adequate reserves within the TSSA 1 fund to pursue the proposed projects. • Over the next five years the TSSA 1 fund balance is expected to remain at or above $3.7 million.

  12. Conclusion • Town intends to conduct the TSSA 1 annual hearing in May • Staff’s current recommendation: • Retain assessment level. • Expand the allowable uses for transit • would not require or commit those fund – just eligible for future • April 1, 2019: initial budget review • May 16, 2019: final budget review

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