Aurora is seeking to increase its tax on the gross sales of recreational marijuana in the city.
City Council members on the Finance Committee Thursday heard a plan to increase that tax by 1%, from 2% to 3%, which is the maximum of what is called the retailer’s occupation tax that cities can enact.When Aurora first enacted its tax on recreational marijuana in 2020, city officials passed only a 2% tax because the industry was new, and officials wanted to see how things went.
The city actually collects a total of 4.25% in taxes on recreational marijuana. In addition to the 2% occupation tax, the city gets 1% of the sales taxes collected by the state on marijuana, and another 1.25% from the city’s own home rule general sales tax.Minick said the increase would bring Aurora an estimated $50,000 to $150,000 in additional taxes from the two dispensaries currently operating - the nuEra on Farnsworth Avenue, and Zen Leaf on Route 59, near New York Street.
A fourth dispensary is in the works along Orchard Road. The city could even have a fifth dispensary, in the southeast quadrant of the city, officials said.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Justice with Jessica: Polygamist family in Aurora makes the case for legal marriageAfter Valentine's Day, many people are celebrating new engagements. In the meantime, at least one other segment of the population is wondering when — or if — they'll ever get the right to marry.
Lire la suite »
Aurora man stabbed woman sitting in her car on Valentine's Day: policeA woman was sitting in her vehicle on Valentine's Day when Jonathan Cruz allegedly approached the car, opened the door and stabbed her in the leg and hand.
Lire la suite »
Aurora looking at deal for new restaurant and brewery downtownCity Council members on the Finance Committee heard details of a proposed deal that would have CL Real Estate Development, a division of Peru, Illinois-based CL Enterprises, develop the property at 43 E. Galena Blvd. into a restaurant, brewery, event space and possibly an eventual basement speakeasy.
Lire la suite »
Monitor: Aurora Police Department missed several consent decree deadlinesThe third and latest report from the independent consent decree monitor shows Aurora has more work to do reforming its police department after missing several key deadlines
Lire la suite »
Rare red auroras explode over America's and Europe's north, and more are on their wayGeomagnetic storms caused by bursts of plasma arriving from the sun have delivered a night of aurora spectacle to skywatchers in Canada, northern U.S. and Europe.
Lire la suite »
Jupiter’s moons atmosphere glows up with hypnotic aurorasNew researches show that the four moons of Jupiter (Io, Callisto, Europa, and Ganymede) also witness the aurora formation.
Lire la suite »