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Newshawk: http://www.drugsense.org/donate.htm
Pubdate: Wed, 04 Jul 2012
Source: Times-Herald, The (Vallejo, CA)
Copyright: 2012 The Times-Herald
Contact:
Website: http://www.timesheraldonline.com/
Details: http://www.mapinc.org/media/993
Author: Jessica A. York
VALLEJO EXCEEDING TAX REVENUE PROJECTIONS FROM MARIJUANA DISPENSARIES
Just three months into Vallejo's new tax on medical marijuana sales,
the city is half way to its revenue goal for the program's first year
- -- despite numerous dispensary raids.
City Finance Director Deborah Lauchner admits that the $250,000
projected revenue was purposely low-balled, so the city would not
fall short if the revenue dried up.
The 10 percent tax, implemented in March, has seen medical marijuana
dispensaries come and go, with five consistently paying each of three
months, Lauchner said.
[Remainder snipped]
MAP posted-by: Jay Bergstrom
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