Placer County LAFCo unanimously voted last week to award RSG of Santa Ana a contract to develop a comprehensive fiscal analysis of the possibility of incorporating Olympic Valley.

The $85,360 fee will be paid for by Incorporate Olympic Valley.

“A comprehensive fiscal analysis is required for any incorporation proposal. It shows us whether the proposed town will have sufficient revenues to operate, and shows potential impacts to the county to help insure these are mitigated,” Kris Berry, LAFCo executive director, said in a statement.

The analysis is designed to provide a foundation for revenue neutrality negotiations between representatives of the proposed town and Placer County. If LAFCO approves the application, the measure will be put on the ballot and decided by simple majority of registered Olympic Valley voters.

— Lake Tahoe News staff report