Evanston’s Reparations Committee is searching for new revenue sources to bolster the reparations fund after cannabis tax collections failed to meet its $10 million goal.
Evanston’s Reparations Committee is searching for new revenue sources to bolster the reparations fund afterState statute 35 ILCS 120-11 doesn’t allow the city to reveal the amount of cannabis tax revenue that has been collected since there are fewer than five dispensaries in the city, according to the city manager’s office.Committee member Robin Rue Simmons suggested using a portion of the city’s real estate transfer tax on property sales over $1.5 million.
Because the funds are taxes, the money likely won’t come in one lump sum but will begin rolling in starting in 2023. Evanston Corporation Counsel Nicholas Cummings said the safest form of funding that would avoid potential legal issues would be home rule taxes such as the city’s sales tax, medical cannabis tax and cigarette tax.
“Today, it’s more about our own commitment,” Councilmember Bobby Burns said. “We’re not on a good curve right now for supporting this reparations program, especially for our ancestors.”
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