State of Colorado April 2014 Sales Reported – Marijuana Taxes, Licenses, and Fees Transfers and Distribution

State of Colorado April 2014 Sales Reported – Marijuana Taxes, Licenses, and Fees Transfers and Distribution

State of Colorado April 2014 Sales Reported – Marijuana Taxes, Licenses, and Fees Transfers and Distribution

State of Colorado

Marijuana Taxes, Licenses, and Fees Transfers and Distribution

April 2014 Sales Reported in May

May 2014 Reported May 2013 Reported Change Year-to-Date FY2013-14 Year-to-Date FY2012-13 Change
$ % $ %
Line 1

2

3

4

5

6

7

8

9

10

11

TAXESSales Tax Transfer to Marijuana Cash Fund (2.9% rate) (2+3)   Medical Marijuana   Retail Marijuana

Retail Marijuana Sales Tax (10% rate) (5+6+7)  Local Government Distribution (15% of Total)   Marijuana Cash Fund Transfer (85% of Total)   Collections Not Yet Allocated*

Retail Marijuana Excise Tax (15% rate) (9+10+11)

Public School Capital Construction Assistance Fund Transfer   Marijuana Cash Fund Transfer

Collections Not Yet Allocated*

$           1,559,710                919,982639,728

$             2,217,607                330,057             1,864,829                   22,722

$             734,351                732,406

1,945

$                     –$                     –

$                     –

$   1,559,710        919,982639,728

$   2,217,607        330,057     1,864,829           22,722

$     734,351        732,406

1,945

N/AN/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

$     11,699,423          9,635,2472,064,176

$       6,952,775          1,038,215

5,881,010               33,550

$       1,879,191          1,877,142

2,049

$                   –$                   –

$                     –

$   11,699,423        9,635,2472,064,176

$     6,952,775

1,038,215

5,881,010             33,550

$     1,879,191

1,877,142

2,049

N/AN/A

N/A

N/A

N/A

N/A N/A

N/A

N/A

N/A

N/A

12 Total Marijuana Tax Transfers and Distributions (1+4+8) $             4,511,668 $                     – $   4,511,668 N/A $       20,531,389 $                     – $     20,531,389 N/A
1314

15

LICENSES AND FEESLicense and Application Fees Transfer to Marijuana Cash Fund (14+15)   Medical Marijuana

Retail Marijuana

$             761,687                622,587139,100 $               374,963374,963 $     386,724        247,624139,100 103.1%66.0%

N/A

$       8,613,741          6,261,3912,352,350 $         3,760,9783,760,978 $       4,852,7632,500,413

2,352,350

129.0%66.5%

N/A

TAXES, LICENSES, AND FEES TOTALS
16 Total Marijuana Cash Fund Transfers (1+6+10+13) $             4,186,225 $               374,963 $   3,811,262 1016.4% $       26,194,174 $         3,760,978 $     22,433,196 596.5%
17 Total All Marijuana Taxes, Licenses, and Fees (12+13) $             5,273,355 $               374,963 $   4,898,392 1306.4% $       29,145,130 $         3,760,978 $     25,384,152 674.9%

* Indicates those receipts that have posted to the accounting system but have not yet been reconciled to the relevant sales/excise tax return. These receipts may affect the precision of the calculations to transfer or    distribute the sales/excise taxes to their proper disposition.

Source: Colorado Department of Revenue

Prepared by: Office of Research and Analysis, (303) 866-5777 or dor_ora@state.co.us

Publish date: June 2014

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