Let’s look at the numbers…
- 1 month
- 73 pot collectives
- 7 percent tax
According to the San Jose Mercury News, a San Jose Councilman, who pushed voters to approve the tax measure last November, said…
…if tax payments continue at the same level, the city would reap about $3.4 million a year from the levy.
“The new revenue collected has the potential to cover approximately 17 to 18 police officers or three libraries year-round,” (Councilman Pierluigi) Oliverio said.
On the North Coast, Mendocino County officials seem to have been the most creative so far in leveraging pot to help with the budget. Here’s a partial round-up of those and other money-raising efforts:
Mendo DA’s idea: pay $50-per-plant to law enforcement and a felony gets knocked down to a misdemeanor.
Mendo sheriff’s $6,000 pot permit fees.
Sonoma County’s permit controversy.
Tax opportunity causing Petaluma officials to rethink ban.
State says pot shops must collect sales tax.