Nevada City’s annual operating budget will receive a 7% boost through funds collected through California’s statewide cannabis excise tax.
Nevada City’s 2019-20 budget shows that the city collected a total of $4.8 million through various taxes and fees. Over the next three years, the city will improve its technological infrastructure, youth programming and law enforcement infrastructure with a $1 million grant through the Board of State and Community Corrections.
The council is expected to approve receipt of the grant at its Tuesday meeting. Fund distribution won’t happen until June.
Nevada City Councilman and grant writer Doug Fleming said the community corrections board created the Cannabis Health, Safety and Compliance Project grant to develop a safe, sustainable and equitable cannabis industry and mitigate the potential negative impacts on the region’s youth and the environment.
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