Federal Way would earn substantial revenue from allowing cannabis retail stores without raising sales and property taxes. Between July 2017 and June 2018, Auburn earned more than $180,000 in excise tax from three stores. Des Moines earned $90,000 from one. This doesn’t include the sales tax that was also collected. Retail stores create living wage jobs that also stimulate the local economy. Federal Way could have up to four stores.
The lack of accessibility for our seniors, disabled, and transportation limited neighbors is a burden. No one should have to spend several hours round trip on a bus or $30 on a rideshare to get their medication. Local availability relieves this burden and keeps revenue here in Federal Way.
Neighboring cities report no significant impact on police resources. Stores have strict security and mandatory ID requirements. Age verification and escalating consequences for businesses ensure no one under 21 is permitted to enter. Retail cannabis is also highly regulated in all stages of growth, production and sales. Quality control ensures consumer safety.
Your yes vote will bring needed revenue to Federal Way and access for those who rely on cannabis medication, without compromising the safety of our youth and community.
Krissy Grant, Allison Taylor, Catherine Crawford, yestoprop1.com