DC 47 President Fred Wright concerning passage of the beverage tax

“City Council passed a 1.5% tax on sugary beverages. The proceeds will go towards libraries and rec centers (where our members work), as well as for Pre-K, which will prioritize early childhood education for children throughout the City. This will give our children a better chance to succeed academically. More dollars going into the City’s general fund balance will allow the City to borrow money at a lower rate, hopefully freeing up some dollars for municipal labor contracts and the unfunded liability in the municipal pension fund.”