The strong start to marijuana sales in Nevada could help the Clark County School District in its budget crisis.
Pot generated more than $3.5 million in tax revenue in July, and nearly $1 million of that is allotted for schools throughout the state.
Projected over the course of a year, the Nevada education system could find itself with more than $11 million.
CCSD is looking to cut about 50 jobs to save anywhere from $3 to $10 million. In, marijuana tax revenue could help the district reduce the number of cuts that need to be made.
At a school board meeting Thursday, trustees brought up the possibility of giving all district employees two unpaid days off as a way to avoid eliminating support staff positions.
Correction: The original version of this story implied that the projected $11 million earned by marijuana tax revenues could work as a way to avoid cutting 50 jobs within the Clark County School District. However, CCSD officials tell us that the $11 million is benefiting the entire state of Nevada, not just Clark County, so it is unlikely that marijuana taxes would completely cover the costs.
The story also said that trustees voted to give employees two unpaid days off. While the issue was brought up at the school board meeting, the unpaid days off have not been implemented.
We have changed the body of this story to reflect this new information and we apologize for previous inaccuracies.