Cannabis Revenue Grant Application Live
SOUTH LAKE TAHOE, CA, April 15, 2022 – The South Lake Tahoe City Council formally approved the Cannabis Revenue Grant Program on March 15. The program is intended to mitigate the potential impacts of the cannabis industry and promote the priorities of the City’s 5-year Strategic Plan. Cannabis businesses are required to remit to the City a monthly Community Benefit Fee, equal to six (6) percent of their gross receipts for that month. Annually, the City will allocate up to 50% of the previous year’s cannabis revenue for the grant program. The FY22 appropriation is $400,000. The grant applications are live starting April 15 to eligible applicants, including local public agencies and non-profit organizations that are located or provide services within the city limits. Grant amounts range between $1,000-$50,000.
The grant application opens April 15 and closes May 15 at 5pm. Applications will be reviewed by the grant committee, comprised of the Mayor, a member of the City Council Finance Committee, the City Manager, and the City’s Finance Director. Award recommendations will be made by June 30.
For more information and to download the grant application, visit www.cityofslt.us/grantprogram. Interested parties may also email grantprogram@cityofslt.us with questions.
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City of South Lake Tahoe
The City of South Lake Tahoe is a general law city in El Dorado County, CA, that was founded on November 30, 1965. Located 190 miles northeast of San Francisco, CA and 60 miles southwest of Reno, NV in the Sierra Nevada Mountains, South Lake Tahoe boasts one of the most unique settings in the world, at the edge of an alpine lake of great natural beauty and environmental value. The city limits encompass an area of approximately 16 square miles with an average elevation of 6,200 feet above sea level and a population of 22,525.