Five ways Kenney would spend soda tax revenue
Mayor Kenney is proposing a 3 cents per ounce tax on sugary drinks to use in five different areas. Here's an estimated breakdown of how he'd use the $400 million collected through the levy over five years:
Mayor Kenney is proposing a 3 cents per ounce tax on sugary drinks to use in five different areas. Here's an estimated breakdown of how he'd use the $400 million collected through the levy over five years:
$256 million to expand quality pre-K seats;
$39 million to help open 25 community schools;
$26 million investment into the pension system currently facing a $5.6 billion deficit;
$23 million to pay back a bond on green infrastructure improvements to city facilities, as part of Council President Darrell L. Clarke's green jobs plan;
$56 million to help pay back a bond Kenney wants to take out to rebuild parks and recreation centers city wide.
- Julia Terruso