Taxing Marijuana to fund Libraries

The Los Angeles City Council has their work cut out for them, as this is the last week to approve items for the March 2011 ballot.  The municipal election where half of the City Council is up for grabs along with a number of measures.  Pension reform has been approved for the ballot and several more will be considered.

Some of the proposals include L.A. Department of Water and Power reform, which include giving the City Council more control over the Board of Water and Power commissioners and the General Manager, establishing a Ratepayer/Inspector General office and having the utility submit its budget to the City Council.

Other measures to be considered are about increasing library funding so they don’t have to close branches down.  Taxing oil extracted within city limits, clean money campaign financing, updating community plans every decade and, if Prop 19 passes today, establishing a new business tax license for businesses that want to sell marijuana for recreational use would help fund the economic crisis that libraries face today.  If any of these are approved for the ballot this could be L.A.’s most exciting municipal election ever.

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