Representatives of a dozen agencies walked a bike path along the Tahoe City shore this fall celebrating their environmental projects. But they see rough water ahead. Julie Regan is with the Tahoe Regional Planning Agency. “Right now we are facing a fiscal cliff.”
Brian Stewars with Placer County agrees. “Yeah, we are concerned. The pot of funds has dwindled.”
Since 1997 their work was paid for with money that largely came from proceeds of land sales in Southern Nevada. But since the housing crash, that $300 million has started running out. Victoria Ortiz of the California-Tahoe Conservancy says agencies already feel the impact, "through cut programs or diminished programs."
Even if the Lake Tahoe Restoration Act is approved, providing $415 million over the next decade, the agencies must still brace for reduced funding from California and Nevada as well.