Tag: sales tax revenues
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Colorado Springs dispensaries mark first year of retail marijuana sales
Marijuana dispensaries and growers in Colorado Springs have two points to celebrate in the middle of April. In addition to the annual “420” events on April 20, the past week also marked the first anniversary of the beginning of legal recreational sales in Colorado Springs. Businesses say the additional sales have stabilized the local marijuana…
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Colorado Springs expands plan to fund police and fire departments with marijuana sales tax in 2026 budget
The Colorado Springs City Council laid out plans to cover a swath of needs for the police department, fire department and homeless outreach next year with marijuana sales tax revenue. The proposal advanced during the budget session Wednesday afternoon uses the estimated $4 million collected by the retail marijuana sales tax through the end of…
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City sales tax revenue collections sluggish in June; at least 2 factors likely to blame
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado Springs sales tax collections are down for the second month in a row and the third of five months in 2025, according to a report released by the city’s finance department Monday. Revenues from the city’s tax on consumer and business purchases totaled $20.6…