Title
Receive information on Cannabis Program estimated costs and revenues
Report
RECOMMENDATION:
It is recommended that the Budget Committee receive information on Cannabis Program estimated costs and revenues
SUMMARY:
The County Administrative Office has prepared an Informational Cannabis Program Budget illustrating projected cannabis tax revenues, expenditures, and staff working on cannabis. This document is a tool intended to improve program oversight.
DISCUSSION:
The FY 2017-18 Informational Cannabis Program Budget (Exhibit A) illustrates projected tax
revenues from commercial medical cannabis for Fiscal Year 2017-18. The Informational
Cannabis Program Budget illustrates how these revenues are currently being used, in addition to
short and long-term funding needs, identifying positions funded by these revenues, positions
currently working on cannabis issues but not funded by these revenues, and potential department
position funding needs as the program expands. The Informational Cannabis Program Budget
will provide a tool for tracking commercial medical cannabis revenues. Staff anticipates bringing
this item to the Board of Supervisors for approval in the September/October timeframe.
OTHER AGENCY INVOLVEMENT:
CAO-IGLA prepared this document in cooperation with the Resource Management Agency,
Treasurer-Tax Collector, Sheriff’s Office, Environmental Health Bureau, District Attorney,
County Counsel, Agricultural Commissioner, Assessor-County Clerk-Recorder, and Auditor-
Controller. The Cannabis Program Budget was reviewed by the Board of Supervisors’ ad hoc
committee on cannabis.
FINANCING:
The recommended action will approve the Informational FY17-18 Cannabis Program Budget to
facilitate the tracking of cannabis revenues, expenditures, and departmental needs related to
implementing the County’s cannabis regulatory framework.
Prepared by: Paul Hierling, Management Analyst III, Ext. 5462
Approved by: Nicholas E. Chiulos, Assistant County Administrative Officer
Attachment:
Attachment 1 - FY 2017-18 Cannabis Program