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CE,O|CFFS|M2016 <br />ITY OF UGENEREGON ONSERVATION INANCE EASIBILITY TUDY AY <br />Fort Collins population*156,480 <br />2015 sales tax collections from marijuana**$200,000 <br />Fort Collins general sales tax3.85% <br />Estimated 2015 marijuana sales$5,194,805 <br />Estimated sales per capita$33 <br />Eugene population***160,775 <br />Estimated marijuana sales$5,337,390 <br />Estimated revenue from 3% tax$160,122 <br />*US Census QuickFacts <br />**Fort Collins 2015-2016 Budget <br />***2015 City of Eugene Comprehensive Annual Financial Report <br />Based on these two estimates, the City of Eugene might expect to generate roughly $160,000 to <br />$204,000 per year from a 3 percent tax on recreational marijuana, not accounting for the costs of <br />administration. Once location-specific data from the January 2016 collections in Oregon is <br />available, amore accurate estimate of Eugene’s revenue generating capacity can be calculated. <br />However, a longer history of revenue collections will provide a more accurate estimate than <br />calculations based on one month of data for a new revenue source such as the marijuana tax. See <br />Appendix G for implementation procedures and an example of ballot language. <br />TTPL::CFD25 <br />HE RUST FOR UBLIC AND ONSERVATION INANCE EPARTMENT <br /> <br />