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

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

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

State of Colorado

Marijuana Taxes, Licenses, and Fees Transfers and Distribution

March 2014 Sales Reported in April

April 2014 Reported April 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

TAXES

Sales 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*

$           1,569,405                999,900

569,505

$           1,898,685                285,215             1,613,861

(391)

$             609,907                609,887

20

$                     –

$                     –

$                     –

$   1,569,405        999,900

569,505

$   1,898,685        285,215     1,613,861

(391)

$     609,907        609,887

20

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

$     10,139,713          8,715,265

1,424,448

$         4,735,167              708,158           4,016,181               10,828

$       1,144,840          1,144,736

104

$                   –

$                   –

$                     –

$   10,139,713        8,715,265

1,424,448

$       4,735,167          708,158       4,016,181            10,828

$     1,144,840

1,144,736

104

N/A

N/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) $             4,077,997 $                     – $   4,077,997 N/A $       16,019,720 $                     – $     16,019,720 N/A
13

14

15

LICENSES AND FEES

License and Application Fees Transfer to Marijuana Cash Fund (14+15)

Medical Marijuana

Retail Marijuana

$             902,995

794,045

108,950

$             302,172

302,172

$     600,823

491,873

108,950

198.8%

162.8%

N/A

$       7,852,054

5,638,804

2,213,250

$       3,386,015

3,386,015

$     4,466,039

2,252,789

2,213,250

131.9%

66.5%

N/A

TAXES, LICENSES, AND FEES TOTALS
16 Total Marijuana Cash Fund Transfers (1+6+10+13) $             4,086,261 $               302,172 $   3,784,089 1252.3% $       22,007,948 $         3,386,015 $     18,621,933 550.0%
17 Total All Marijuana Taxes, Licenses, and Fees (12+13) $             4,980,992 $               302,172 $   4,678,820 1548.4% $       23,871,774 $         3,386,015 $     20,485,759 605.0%

* 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: May 2014

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