Tag Archives: school construction

Voter Turnout Down in This Year’s Election

Ballot-300The official voter turnout in Colorado’s 2015 “off year” election was 35.7 percent, according to Colorado Secretary of State Wayne Williams. The November 3rd election featured one statewide ballot measure, on marijuana taxes, and various local races and issues. The statewide Continue reading

Colorado Voters Allow State to Keep Excess Marijuana Taxes

MARIJUANA-300 Colorado voters have agreed to allow the state to keep $66 million worth of marijuana taxes despite an accounting error that could have forced the government to refund the money to taxpayers and pot growers. An error in a pot tax measure approved two years ago led to the ballot measure that passed yesterday. The error Continue reading

Marijuana Group Endorses BB

MARIJUANA-300The Marijuana Industry Group (MIG) has announced that it is endorsing Proposition BB, the statewide measure to allow Colorado to keep and spend marijuana tax dollars. The issue is back on the ballot because Colorado exceeded a previous state tax revenue projection. Due to TABOR, the Taxpayers Bill of Rights, the matter Continue reading

Ballots Being Mailed Out Next Week

Ballot-300In a week, county clerks will begin mailing out ballots for the November 3rd election, but Coloradans can take a sneak peek now at what their ballots will look like. Registered voters — or those who want to register for the election — can go to GoVoteColorado.com to update their information and take a look at this year’s sample Continue reading

Marijuana Tax for Schools Hits Record High

MARIJUANA-300A marijuana tax for schools in Colorado raised more in the first five months in 2015 than it did for all of 2014. May excise tax collections reported this week showed the recreational pot tax for school construction raised $3.5 million, bringing the 2015 total to $13.7 million. The tax brought in just $13.3 million in all of 2014. The Continue reading

State to Ask Voters for Exemption in TABOR Laws for Pot Tax Excess

MARIJUANA-300The state plans to ask voters this fall, whether the state should continue to use marijuana tax profits for school construction and other programs. Governor John Hickenlooper signed legislation Thursday that would put the de-brucing question on the November ballot. TABOR laws in Colorado say that all revenue from new taxes Continue reading

State has Best Month of Pot Taxes Yet

MARIJUANA-300Colorado is reporting its best month yet for recreational marijuana sales. Most striking in the January numbers reported this week is a spike in the tax stream designated specifically for schools. That excise tax brought in $2.3 million. That’s more than 10 times the haul from January of 2014, when Colorado started collecting the tax. Continue reading

PILT Program Funded

piltThe Payment in Lieu of Taxes, or PILT, program, which last year provided Colorado counties with $34.5 million to carry out vital services like fire and police protection, school construction, and road maintenance, received $372 million in the government funding bill, which passed Congress this weekend. The bill provides funding for a Continue reading

State Lawmakers to Start Marijuana Tax Spending Discussions

MARIJUANA-300After months of uncertainty about marijuana and its tax potential, Colorado lawmakers start work today deciding how to spend pot taxes.  Voters have already decided to spend the first $40 million on school construction, but anything beyond that is up to lawmakers to appropriate.  Estimates vary widely Continue reading