Posted on Jan 4, 2023
Kansas City and other Missouri cities want to place an extra sales tax on recreational marijuana
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The state of Missouri will allow cities to tack on an additional sales tax to recreational weed. Many local governments appear ready to put the question to voters, and enjoy a new source of revenue.
Missouri cities across the Kansas City region are planning to ask voters to tack on an extra local sales tax for recreational marijuana.
On Tuesday night, city councils in Independence, North Kansas City and Blue Springs all discussed adding a local 3% sales tax to the additional 6% levied by the state. Medical marijuana will continue to be taxed at an additional 4% on top of the regular state sales tax.
All three cities must still approve an ordinance in the next week to put the issue to voters on April 4. The Kansas City Council also plans to vote on a ballot measure this month.
But how the cities will spend that additional revenue is still up in the air.
Missouri cities across the Kansas City region are planning to ask voters to tack on an extra local sales tax for recreational marijuana.
On Tuesday night, city councils in Independence, North Kansas City and Blue Springs all discussed adding a local 3% sales tax to the additional 6% levied by the state. Medical marijuana will continue to be taxed at an additional 4% on top of the regular state sales tax.
All three cities must still approve an ordinance in the next week to put the issue to voters on April 4. The Kansas City Council also plans to vote on a ballot measure this month.
But how the cities will spend that additional revenue is still up in the air.
Kansas City and other Missouri cities want to place an extra sales tax on recreational marijuana
Posted from kcur.org
Marijuana
Kansas City
Taxes
Posted >1 y ago
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PO1 William "Chip" Nagel no surprise here...
..."Independence is set to consider an ordinance next week to place the proposed 3% local sales tax on the April ballot.
City staff estimates that the additional tax would generate between $270,000 and $615,000 a year for the city.
"It should be noted that between January 2021 and October 2022, gross receipts have increased an average 9.4% per month," city staff wrote in a memo to council members about sales tax revenue from medical marijuana. "City staff expects the growth within this industry to continue, which will further increase sales tax revenues."
Kansas City was the first to green light the additional local sales tax when Mayor Quinton Lucas proposed an ordinance in November. The city is expected to take a final vote on the measure this month.
Lee's Summit, Belton and Grain Valley are also considering putting the extra sales tax to voters in April."
..."Independence is set to consider an ordinance next week to place the proposed 3% local sales tax on the April ballot.
City staff estimates that the additional tax would generate between $270,000 and $615,000 a year for the city.
"It should be noted that between January 2021 and October 2022, gross receipts have increased an average 9.4% per month," city staff wrote in a memo to council members about sales tax revenue from medical marijuana. "City staff expects the growth within this industry to continue, which will further increase sales tax revenues."
Kansas City was the first to green light the additional local sales tax when Mayor Quinton Lucas proposed an ordinance in November. The city is expected to take a final vote on the measure this month.
Lee's Summit, Belton and Grain Valley are also considering putting the extra sales tax to voters in April."
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