Breckenridge and Summit County voters pass retail marijuana taxes in big way
January 24, 2014
Summit County retail marijuana excise tax results…
Town of Breckenridge
Referred Issue 2C: To impose a 5 percent excise tax on retail marijuana sales
Yes: 811 (72%)
No: 305 (27%)
Town of Frisco
Referred Issue 2A: To impose a 5 percent excise tax on retail marijuana sales
Yes: 717 (77%)
No: 206 (22%)
Town of Silverthorne
Referred Issue 2F: To impose a 5 percent excise tax on retail marijuana sales
Yes: 666 (72%)
No: 258 (27%)
Some folks say, “Go big or go home.”
In regards to whether or not to impose a 5 percent excise tax on retail marijuana sales, voters in the towns of Breckenridge, Frisco and Silverthorne all voted in favor of their respective initiatives; and in a big way.
In Breckenridge, Referred Issue 2C passed 72 percent to 27 percent, or 811 votes to 305. The initiative in expected to generate an estimated $750,000 in revenue for the town.
Referred Issue 2F also was passed by Silverthorne voters by a wide margin of 72 percent to 27 percent, or 666 votes to 258. It is expected to generate an estimated $100,000 in additional revenues for the town.
Lastly, Frisco voters passed Referred Issue 2A 77 percent to 22 percent, or 717 votes to 206. The measure is anticipated to generate an estimated $275,000 in additional revenue.
The towns of Breckenridge and Silverthorne plan to use the additional funds for police training and enforcement and increased mental health service needs, as well as to cover administration costs for processing retail marijuana business licenses, according to ballot language.
Frisco’s ballot question does not specifically say how town officials plan to spend its excise tax dollars.