EDWARDS — More than half of the revenue from a proposed Eagle County marijuana tax would fund mental health programs, the interim county manager said Monday.
Bryan Treu, the county’s interim manager, estimated a countywide pot tax would generate $2 million per year. Of that, $1.2 million would fund mental health facilities and programs, Treu said. The tax question will probably be put before voters in the Nov. 7 election, Treu said.
A recent county-commissioned poll found that up to 78 percent of the 400 likely voters questioned said they would support a tax.
County staffers have hosted two meetings with local marijuana dispensers and growers.
Peter Tramm with Root Rx is among the local retailers who support the tax.
“I’m going to be taxed, and at an egregious level. If that’s the case, let’s spend the money on something we can be proud of, and we can be proud of this,” Tramm said.
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The county commissioners have until Sept. 8 to put a tax question on the November ballot.
Across Colorado, 13 counties and 67 municipalities have levied their own pot taxes.
All about the money
Right now, Eagle County receives around $250,000 a year from retail marijuana sales taxes, Treu said.
The proposed tax increase would be phased in, Treu said, beginning at 2.5 percent a year and capping at 5 percent.
- 2.5 percent would generate an additional $350,000 annually.
- 5 percent would generate an additional $750,000 annually.
The rest of the money would come from a 5 percent excise tax on growers. That would be piled onto the existing state taxes they already pay.
Some growers in the meetings took the proposed excise tax in stride. Rob Trotter was not one…
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