Biggest chunk of Oregon's $108M pot revenue will be distributed to school fund
The state of Oregon has been collecting a 20 percent tax on all marijuana sales since early 2016, and this week we're learning how that revenue will be distributed across the state.
The state has collected $108.6 million in state and local taxes from early January 2016 through the end of August 2017.
After paying out $9.56 million to the Oregon Liquor Control Commission, the Department of Revenue will distribute 40 percent, or approximately $34 million to the School State Fund.
Twenty percent, or $17 million will be distributed to the mental health, alcoholism and drug services account. Oregon State Police will get 15 percent, or $12.75 million, and the Oregon Health Authority will get about 5 percent, or $4.25 million.
Cities and counties will get 10 percent each, about $17 million.
The money collected before July 1, 2017 will be distributed to cities based on population. Not every city will see future marijuana revenue.
Cities like West Linn and Lake Oswego, which voted against legal marijuana sales, won't get a cut of the revenue after July 1, 2017 or any future money.