My understanding is the Arizona Senate has already passed legislation to tax marijuana if legalized (for medical use anyway). This and the possible one percent sales tax increase going to the poll could place the State government and the schools in a good position financially. Right now they're in deep shit.

Arizona Senate votes to tax marijuana if legalized
leadmagnet Reviewed by leadmagnet on . Arizona residents & anyone else interested! Medical Marijuana Signatures Turned In: Measure could be on November ballot in Arizona Updated: Wednesday, 14 Apr 2010, 3:15 PM MDT Published: Wednesday, 14 Apr 2010, 9:37 AM MDT PHOENIX, Ariz. - There's a new push to make marijuana legal for medical use in Arizona, and more than 150,000 people have left their signatures to put it on the November ballot. Arizona voters may get to decide in November whether to legalize marijuana for medical purposes. Rating: 5