Farmersville is in major deficit since the recession. In order to increase the City of Farmersville budget action is required to come up with a solution, which will benefit 10,704 people who resides within city limits. To be able to increase the budget the city came up with two measures, these measures intends to help people of Farmersville, California, which will bring more jobs, better service for the community, and road construction and will bring programs to help the young and the elderly. The city of Farmersville has a major budget deficit that requires action. Their first option is measure P that can help the community with revenues. Measure P is 0.5% sales tax and is predict to bring $280,000 annually this adds to their current …show more content…
According to the department of California law, “Medicinal and adult-use cannabis regulation and safety Act regulate, control, cultivation, transport, storage, manufacturing and sale of medicinal and adult usage” (California Legislative Information). Marijuana has been pass yet not many people would benefit from it, and in order for the benefits to reach the city of Farmersville; The City had to implement Cannabis Tax for businesses, this business are going to operate on the outskirts of the city and which revenues is going toward the City general foundlings. Money that is collected will go into the City of Farmersville funds for the community. Some people believe that cannabis is bad and will bring more violence in the city because the Marijuana brings bad people’s attention and some fear of people breaking in the dispensaries, yet other people disagree. Some people believe that California allowed weed plantation, yet not enough funds were entering into the Farmersville Budget. When there is no revenues in the city, people who resides in the city suffer a major impact by not having enough money to keep cop, fire fighters, programs and the city maintenance, which could a channel to delinquency and fear. Many people are not getting the right service because of lack of money. Police and fire department staff are suffering the consequences of shortage of money, yet this is affecting the whole communities because when there are more personnel emergency response is
Working as the budget director for the mayor of the city of Kelsey, we have recently been getting numerous complaints from the citizens about an increase in crime and also an issue of the public demanding for more police officers. With the population of the city growing daily, the increase of crime is continuing to progress as well. The mayor has informed us that this past year is the highest increase in crime in the city’s history, that the federal government has reduced the federal pass-through money for the state and that the budgeting group needs to revamp the budget for the coming year. Within this document as the
After many years of trying to make the plant grow, perfectly, indoor, growing marijuana have become lucrative and more desired. Though marijuana growers know that planting the plant is dangerous and can even lose their house or all their property, they are taking the risk because it is a good business. The prohibition made the plant more profitable because growing them indoors takes a great amount of time and money. Growers needs to use high technology to perfectly monitor the new environment that human have created for the plant. As a result, the plant, from being naturally grown outdoors and cheaply and accessibly, became expensive. There is so much money with this business because, one of the reasons, growers don’t even have to pay taxes from selling them. However, in today’s society, California is having a big experiment trying to find a way to legalize marijuana. The growers that made their business out of it could pay taxes that can help them have more money to supports its people. Also, I believe if this happened, human can again reconnect
The article “A Thriving Dispensary in Del Rey Oaks” by James Herrera states that Del Rey Oaks’ economy has thrived with the medical marijuana dispensary that was established in 2015, and is expected to continue to thrive as the state of California has now legalized Marijuana as of November 8, 2016. In his article, Herrera evaluates the revenue made from Marijuana Sales from just the first year alone, after the legalization of Marijuana, in which Marijuana sales brought in “$150,000 in local sales tax” (Herrera). According to Herrera, there is but only a 5% tax placed on medical marijuana and if it is Marijuana becomes legal, which it now is, then it is predicted that Del Rey Oaks, a small town in Monterey County could end up with a staggering
According to Singers(August 24,2017), ITEP’S (July, 2017), (July, 2017),(August 2011), and(December 2011), higher sales and gas tax in Connecticut have consequences and a solution proposed to reduce tax burden on low income family. Based on the readings and my understanding of this topic, I conclude that increasing sales and gas taxes in Connecticut to fix a budget crisis will be financially harmful to low income families and needs to be address with the new policy. Singer(August 24,2017), pointed out that, Connecticut legislators are deciding to increase the sales tax from its current level to 6.85 percent to fix a budget deficit, estimated to reach $3.5 billion in two years and improve state aid to towns. Based on Tax Foundation studies,
According to the department of California law, “Medicinal and adult-use cannabis regulation and safety Act regulate, control, cultivation, transport, storage, manufacturing and sale of medicinal and adult usage” (California Legislative Information). Mariajuana was pass yet not many people would benefit from it and in order for the benefits to reach the community of Farmersville California had to implement Cannabis Tax to businesses, this businesses are going to operate on the outskirts of the city and which revenues is going toward the City general foundlings.
The practice of medicinal cannabis dates all the way back to proposition 215 in 1996 when it was passed and became legal in the state of California. Unfortunately, many counties have begun closing down medical dispensaries in their cities for various reasons. In Orange County, city officials and people from the community believe that dispensaries have brought a rise in crime to their streets. In the last coming years Anaheim, Santa Ana, Costa Mesa and even Newport Beach have cracked down on countless dispensaries in their area. The citizens of these cities are not informed what this plant does to these sick impaired people. Veterans usually need to buy and smoke this herb herb for them to be
Stoughton City is experiencing a financial difficulty due to poor resource management by the previous governments. Current mayor Janice Miller with her four city council members face a hard time in approving a budget that is presented to them by the city manager John Sellers. This challenge has been there for last decade after the revenue stream started declining. However five years ago the operating deficit began to erode the Stoughton’s cash reserves. The remainder of the cash reserves were used to purchase buildings and properties to locate the new city hall. The current budget is being challenged because the operating expenses have increased by 4 to 6 percent per year over the past five years. Former mayor Lance Nosworthy contributed a great deal to this down fall as he had his staff withhold
millions, but an estimated $1 billion annually could come flooding in as a result of the
Based on the 2013 through 2016 CAFR reports, The City of Brownsville in accordance with GAAP has complied with the guidelines. According to City of Brownsville Comprehensive Annual Financial Report (CAFR) (2016), “In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the government activities, the business-type actives, the aggregated discretely presented component units, each major fund.”
As the city manager of Yorkville city I have been presented with a 1% tax income proposal on behalf of the members of the city council in order to accumulate around 1 million dollars yearly to decrease the current deficit that the city has of $650,000.The city council is asking me to hand out flyers to promote this tax to the voters in order to pass the proposal with the city residents’ support in the next coming elections. I would personally analyze the proposal and the reasons why there is such a bad deficit of $650,000 and I would also find the specific measures taken by the city council or previous city officials to work on the issue. The information should be gathered in different areas such as accountability, new city programs and expenses
City Treasurer and Clerk E.Z. Million announced that he, Mayor Rudy Walker and the City Manager John Paul Black had developed a plan to prevent a shortfall in the yearly budget, with a majority of the new revenue coming from increasing the sales tax to two percent from 1.25 percent, this plan was controversial with the members of the City Council’s No New Taxes Coalition.
One of the greatest appeals of this law was the revenue that would be brought in from the sales of products of marijuana. Not only will the Commonwealth be able to implement an excise tax of 3.75%, there will also be an optional local sales tax of up to two percent of the total sales price by the retailer that will be directly applied to the city or town in which it was implemented. All revenue including state taxes, application and licensing fees, and civil fines will be placed in a Marijuana Regulation Fund and distributed for the usage of administrative fees, enforcement officials, and regulation staffing. Administrative fees will
The $6.7 million budget gap for the next fiscal year is a serious issue in our city of Camelot. With a population of 650, 000 people, it is possible to raise the revenue and meet our demanding budget. The following is the best suggestion of what you, our Mayor, can do to meet the next fiscal year budget.
It is estimated that marijuana is the largest cash crop in California, with annual revenues approaching $14 billion. A 10% pot tax would yield $1.4 billion in California alone (time). The taxation of marijuana would create more jobs and stimulate the economy.
Other circumstances for being able to purchase Marijuana can eventually be to help out communities as well as society. It has been proven in different states the success on how it can help our community/society. Two states, in particular,Colorado and Washington, are referred by a group of different authorities and characters that support legalization of Marijuana claim “Washington state, Colorado: they were very much interested in the tax revenues. The message is that it is going to be well regulated, well controlled like alcohol where it only goes to adults” (Jim Gonzales, How California Will be Legalize Pot in 2016: Learning The Lessons of Prop 19 3:11). California’s Legalization will be more of an understanding than Colorado and Washington on how much to charge on taxes. This opens a direct option for the government choose to not spend money on Police officers to be on the lookout for marijuana plants when they can be doing more in the needs to help the community for any real emergencies. It will have abundances of reasons for its’ legalization; yet, many people tend to see the “drug”