City Desk ~ An insider’s view of the policies and politics of Colorado Springs city government

Springs poised to collect $745K in medical marijuana application, license fees

October 13th, 2011, 3:55 pm · 17 Comments · posted by

Colorado Springs collected $268,400 in application fees from medical marijuana businesses, according to the City Clerk’s Office.

If all the applications are approved, the city is poised to pocket $477,000 more in license fees.

Here’s the mathematical breakdown:

The city received 122 applications. That’s $2,200 a pop.

The applications covered 265 license types. That’s $1,800 a pop.

The license fees will not be due to the city until both the city and the state approve the applications, according to Lee McRae, a license enforcement officer in the clerk’s office.

He said the city is estimating that it will take between three and five months to vet all the applications.

 

Posted in: Budget
 
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