Council members: Exempting any product — even ostensibly healthy alternatives to sugary drinks — could present slippery slope
Where’s all the revenue going?
Between July 1, when the 2-cents-per-ounce excise tax goes into effect, and the end of the year, the tax is expected to bring in about $1.5 million in revenue to the city, Boulder Sustainability Coordinator Jamie Harkins said.
And during the first full year of the tax, that figure could exceed $3 million.
So, where will all this money go?
The City Council plans to convene a seven-member advisory committee to decide how to spend the revenue. Nothing’s been decided yet — the picture should get clearer after the May 16 council discussion — but the money, by law, can only benefit one of a few different causes: health promotion, general wellness, chronic disease prevention, health equity and administrative costs.
During 2017, the city will likely lean toward using the revenue to fund existing city and community programs, possibly including Boulder Food Rescue, Clinica Family Health, Live Well 4 Life Diabetes Prevention and Double Up Food Bucks. Some of the money could also be used to provide financial aid for recreation programs and extra-curricular activities for children.
With the guidance of the advisory committee, which should be set this month, the city may look to use the revenue to create new programs starting in 2018, Harkins said.
It was the voters of Boulder who approved the nation’s steepest sugary drink tax in…
Read The Rest of The Story Here.