Posted Feb 20, 2014, 3:05 AM
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ColoRADo
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Join Date: May 2004
Location: Denver
Posts: 2,319
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Quote:
DENVER — Wednesday, Feb. 19, 2014 — Gov. John Hickenlooper today released a proposed spending plan for revenues collected as a result of Proposition AA, which voters approved last fall to establish excise and sales taxes on adult-use marijuana. The spending plan calls for $4.5 million in FY 2013-14 and $99 million in FY 2014-15.
“When the voters passed Amendment 64, it became the state’s obligation to implement it sensibly and responsibly, mindful of all Coloradans (especially mindful of our Colorado families and children). We have strategies to do exactly that,” Hickenlooper said. “Now, thanks to the revenues generated by Proposition AA, which voters passed last fall, we have the funding to put them in place.”
In addition to $29 million in enforcement money already planned for this year and next, the spending plan allocates money as follows (totals are for FY 2013-14 and FY 2014-15):
Youth marijuana use prevention and deterrence ($45.5 million);
Substance abuse treatment ($40.4 million);
Public health ($12.4 million);
Regulatory oversight ($1.8 million);
Law enforcement and public safety ($3.2 million); and
Statewide coordination ($200,000)
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That's like funding transit with a gas tax.
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