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5.04.515 Recreational Cannabis Tax Fund.

(Added by Resolution No. 37217 (approved at November 8, 2016 election); amended by Ordinance No. 189004, effective July 1, 2018.)  The Recreational Cannabis Tax Fund is hereby created.  The purpose of the Fund is to receive gross revenues received from the Recreational Cannabis Tax, to provide funding for the purposes identified in Section 6.07.145 of this Code and costs related to the administration of the tax.  Except for those established purposes, in no case shall revenues be transferred from the Recreational Cannabis Tax Fund to the City’s General Fund, or any other fund, for any other purpose.