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Sacramento voters to decide on a measure to fund youth programs with cannabis taxes

Voters in Sacramento will decide in November whether to adopt a measure that would use tax revenue from the cannabis business to fund programs aimed at the city’s youth. The Sacramento City Council on Tuesday voted 8-1 to put the measure before voters. (Video above: Sacramento officials want to use pot sales to help at-risk youth programs.) Mayor Darrell Steinberg called during his State of the City address this year for grassroots dedication permanent funds to invest in the city’s youth and improvement programs. and job training. In the city’s last recession, youth programs lost more money than other areas of the budget, and should be considered a priority, if hear it. If the new measure is approved, it could bring in between $9 million and $12 million a year for the Sacramento Children’s Fund, without raising taxes, according to the city. Cannabis businesses must pay a license fee of 4% of gross assets. The new system will allocate 40% of the money paid to the city. In a blog post on Tuesday, Steinberg said the new funding could include money for counselors, street and case management, and after-school and summer enrichment activities. The measure will also create an oversight committee that will work on a five-year strategy. plan how the money will be spent.

Voters in Sacramento will decide in November whether to adopt a measure that would use tax revenue from the cannabis business to fund programs aimed at the city’s youth.

The Sacramento City Council on Tuesday voted 8-1 to put the measure before voters.

(Video above: Sacramento officials want to use pot sales to help at-risk youth programs.)

Mayor Darrell Steinberg he called when he was speaking in the state this year to dedicate a permanent source of support to invest in the city’s youth with programs to improve and train jobs.

During the city’s last recession, funding for youth programs was cut more than other areas of the budget, so it should be considered a priority, he said.

If the new measure is approved, it could bring in between $9 million and $12 million a year for the Sacramento Children’s Fund, without raising taxes, according to the city.

Cannabis businesses must pay a license fee of 4% of gross assets. The new system will allocate 40% of the money paid to the city.

In a blog post Tuesday, Steinberg said the new funding could include funding for counselors, street outreach and case management, and after-school and summer enrichment activities.

The measure will also create an oversight board that will work with a five-year plan on how to spend the money.

Sacramento voters to decide on a measure to fund youth programs with cannabis taxes Source link Sacramento voters to decide on a measure to fund youth programs with cannabis taxes

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