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Cole County to move funds after state seeks nearly $5.8 million refund of marijuana sales tax
Summary
County staff told commissioners Feb. 10 that the Missouri Department of Revenue has requested a $5,799,716.62 refund of marijuana sales-tax receipts; the commission agreed to transfer funds to cover the refund and will present budget moves next week to complete the payment.
Cole County officials on Feb. 10 discussed a refund request from the Missouri Department of Revenue for $5,799,716.62 in marijuana sales-tax receipts and agreed to move funds so the county can meet the state's request.
Speaker 8 reviewed the accounts: Cole County received $6,645,399.79 in marijuana sales-tax receipts and allocated $12,007.79 in interest; expenditures recorded against the fund totaled $73,006.69, including courthouse security ($24,230), radios for the Pringer Center ($20,005.96) and AED devices countywide ($28,842.60). Speaker 8 recommended transferring the full receipts amount back into the marijuana…
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