Tucson, Arizona 2021-11-30 21:35:24 –
Tucson, Arizona (KGUN) — The legitimate sale of marijuana has pushed local government budgets to new highs. Taxes from legitimate sales welcome government earnings.
Proponents of plans to convince voters to legalize the use of small amounts of marijuana by adults were part of the idea of increasing sales tax, and a special marijuana tax was with the state. Direct extra money to local governments, and to community colleges.
Now you know how much money you can make.
According to the Arizona Revenue Department, the first year of selling recreational marijuana raised more than $ 106 million.
Money is allocated for public security.
The city expects about $ 9.7 million, as the city of Tucson can collect some of the regular sales tax and special marijuana tax on the sale of marijuana.
It’s still only 1 percent of the total city budget, but it will be a big help for most of the city’s budget.
Geoffrey Yates heads Tucson’s Business Services division. He states: “The public security factor in our budget is our biggest spending. Therefore, most of all the dollars the city gets is its public security, including community safety programs and all components, not just law enforcement agencies. Spent on activities. “
Money helps cover the costs of police and fire pensions. They are a big stumbling block to the city’s budget.
Without most of the sales tax on marijuana sales, Pima County expects marijuana money to be around $ 1.8 million.
Approximately $ 314,000 of that will go to the sheriff’s departmental budget.
The county also estimates about $ 900,000 that can be spent on road repairs.
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Legal marijuana puffs up government budgets Source link Legal marijuana puffs up government budgets