Who would pay the Measure TR Tax?
Cannabis business retailers would pay the Measure TR tax. This is not a sales tax passed down to consumers.
How would Measure TR Revenue be spent?
City expenses have increased exponentially with inflation along with costs related to Covid recovery, yet revenues have not increased at the same rate. Measure TR money would be spent on enhancing general city services such as senior citizen programs, City beautification efforts, enforcement of illegal cannabis operations, public safety, housing programs, recreation services, infrastructure, homeless reduction
How much money would Measure TR Raise for the City of Lynwood?
The five percent (5%) cannabis business license tax rate is projected to generate an estimated $3 to $6 million annually in new general fund revenues.
What happens if Measure TR is not adopted?
If Measure TR is not adopted, the City of Lynwood will not receive the projected $3-$6 million annually to enhance general city services such as senior citizen programs, City beautification efforts, enforcement of illegal cannabis operations, public safety, housing programs, recreation services, infrastructure, homeless reduction and other City efforts.
What happens if Measure TR is adopted?
If Measure TR is adopted, the City of Lynwood will begin taxing cannabis retailers 5%. If passed, it is projected to generate $3-$6 million annually to enhance general city services such as senior citizen programs, City beautification efforts, enforcement of illegal cannabis operations, public safety, housing programs, recreation services, infrastructure, homeless reduction and other City
Why was Measure TR placed on the ballot?
City expenses have increased exponentially with inflation along with costs related to Covid recovery, yet revenues have not increased at the same rate. If passed, it is projected to generate $3-$6 million annually to enhance general city services such as senior citizen programs, City beautification efforts, enforcement of illegal cannabis operations, public safety, housing programs,
What is Measure TR?
Measure TR is a proposed 5% business license tax on cannabis retail businesses in the City of Lynwood. The tax is levied based upon business gross receipts. City expenses have increased exponentially with inflation along with costs related to Covid recovery, yet revenues have not increased at the same rate. If passed, it is projected