The Transportation Development Act (TDA) is one of the major funding sources for public transit in California. The TDA provides two funding sources:

• the Local Transportation Fund (LTF) and
• the State Transit Assistance (STA) fund

The LTF is derived from ¼ cent of the 7¼% general statewide sales tax. This ¼ cent of the sales tax is returned to every county in the state from where the tax was collected.

The STA is derived from sales tax on gasoline and diesel fuel. Fifty percent of STA funds are allocated according to population. The other fifty percent is allocated according to the ratio of the total public transit revenues that were generated in each area during the prior fiscal year.

The Tahoe Regional Planning Agency (TRPA) is a state-designated regional transportation planning agency (RTPA) recognized by the state's Business, Transportation and Housing Agency. As a regional transportation planning agency, TRPA administers the Transportation Development Act funds. The annual Local Transportation Fund (LTF) amount available is approximately $830,000 in El Dorado County and $600,000 in Placer County.

TDA Fiscal Audits and TDA Performance Audits

Section 99245 of the Public Utilities Code and Title 21, Chapter 3, Subchapter 2, Article 5.5, Section 6664 of the California Administrative Code requires annual fiscal and compliance audits of all claimants of Transportation Development Act monies.

Section 99246 of the California Public Utilities Code to designate entities other than itself, a county transportation commission, a transit development board, or an operator to make a performance audit of its activities and the activities of each operator to whom it allocates funds.

Title 21, Chapter 3, Subchapter 2.5, Article 5, Section 6751 of the California Administrative Code requires an annual audit of the State Transit Assistance Fund and Title 21, Chapter 21, Chapter 3, Subchapter 2, Article 5.5, Section 66661 of the California Administrative Code requires an annual fiscal audit of the Local Transportation Fund.

TRPA is responsible for the administration of the Transportation Development Act monies received by the Tahoe Basin areas of El Dorado and Placer counties as well as for the State Transit Assistance Fund (STA), which is held at El Dorado County. TRPA is responsible for overseeing and coordinating annual audits of those claimants, agencies, and funds receiving LTF and STA monies.