City of Albuquerque - File #: R-25-116

• File #: R-25-116
• Type: Resolution
• Status: Enacted
• File created: 1/22/2025
• In control: City Council
• Final action: 3/3/2025
• Enactment date: 3/21/2025
• Enactment #: R-2025-008
• Effective date: 3/28/2025
• Title: Adjusting Fiscal Year 2025 Appropriations For The Marijuana Equity And Community Reinvestment Fund 202 (Pe?a, by request)
• Sponsors: Klarissa J. Peña (By Request)

Date	Action By	Action	Result
3/21/2025	City Clerk	Published
3/19/2025	Mayor	Signed by the Mayor
3/10/2025	City Council	Sent to Mayor for Signature
3/3/2025	City Council	Passed	Pass
2/19/2025	City Council	Accepted with a Recommendation Do Pass
2/10/2025	Finance & Government Operations Committee	Sent to Council with a recommendation of Do Pass	Pass
1/22/2025	City Council	Introduced and Referred
1/22/2025	President	Referred

CITY of ALBUQUERQUE
TWENTY SIXTH COUNCIL


COUNCIL BILL NO. R-25-116 ENACTMENT NO. ________________________

SPONSORED BY: Klarissa J. Pe?a, by request

RESOLUTION
title
Adjusting Fiscal Year 2025 Appropriations For The Marijuana Equity And Community Reinvestment Fund 202 (Pe?a, by request)
body
ADJUSTING FISCAL YEAR 2025 APPROPRIATIONS FOR THE MARIJUANA EQUITY AND COMMUNITY REINVESTMENT FUND 202.
WHEREAS, The Department of Finance and Administrative Services was granted oversight and administration of the Marijuana Equity and Community Reinvestment Fund 202, coordinating with the Office of Equity and Inclusion to facilitate related programs to ensure equitable community reinvestment and access; and
WHEREAS, the Marijuana and Equity Community Reinvestment Fund may be used for the administration and provision of any or all of the following purposes and related programs:
a. Evidence-based drug education, awareness, and prevention programs for youth;
b. Evidence-based substance use treatment for youth, including but not limited to inpatient detoxification;
c. Recovery housing and supportive aftercare;
d. Supplemental income programs;
e. Workforce development and job training;
f. Technical assistance for small marijuana business owners in impacted communities;
g. Programs for people re-entering after incarceration;
h. Programs operated by Equity and Inclusion for the benefit of populations disproportionately impacted by the historical criminalization of marijuana.
WHEREAS, tax revenue generated by legal recreational marijuana sales to the City of Albuquerque is anticipated to generate $4.02 million per year; and
WHEREAS, appropriation adjustments for the operation of the City government must be approved by the Council.
BE IT RESOLVED BY THE COUNCIL, THE GOVERNING BODY OF THE CITY OF ALBUQUERQUE:
Section 1. That the following amounts are hereby appropriated to the following programs for operating City...