If you’re on the fence about Ballot Measure 91, which would legalize and tax the sale of recreational marijuana in Oregon, don’t let the appeal of raising taxes painlessly for schools and public safety sway you. At even the highest estimates of revenue in the 2017-19 biennium, there are no windfalls in this measure.

True, marijuana would be taxed — $35 per ounce on the sale of flowers, $10 per ounce for leaves and $5 for immature whole plants. The state Legislative Fiscal Office estimated those rates likely would bring in some $46.6 million in the first two years of sales, while ECONorthwest, working for backers of the initiative, placed the amount at $78.7 million.

Either way, the money wouldn’t go far for schools.

First in line for marijuana proceeds is the Oregon Liquor Control Commission, which would likely collect $5.5 million or so for overseeing the sale of the drug in the state.

Counties and cities get a cut. Counties would receive 10 percent of the proceeds as would cities.

The next 40 percent of proceeds would be divvied up: 20 percent to mental health services (roughly $8 million to $15 million), 5 percent to Oregon Health Authority (about $2 million to $4 million) and 15 percent to Oregon State Police (about $6 million to $11 million).

Next is the state’s Common School Fund. It gets a 40 percent share. It would get an estimated $16 million to $29 million over two years. If that were divided among the 197 school districts in the state and the more than half a million students, it’s not going to add up to much per student.

Measure 91 may have its positive points, but as a revenue generator the estimates say it’s hardly a winner for schools. If the lure of new money for schools is what draws you to it, you’re likely in for disappointment.