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    Financial Reporting Receipts Public

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    Mark Furman
    Oregon marijuana tax receipts have been steadily increasing since legalization. The document provides a breakdown of monthly tax revenues received by the state and local governments from February 2016 through August 2019. It also lists the total tax revenues for each fiscal year, with amounts continuing to rise from over $20 million in FY16 to over $102 million in FY19.

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    Financial Reporting Receipts Public

    Uploaded by

    Mark Furman
    5K views2 pages
    Oregon marijuana tax receipts have been steadily increasing since legalization. The document provides a breakdown of monthly tax revenues received by the state and local governments from February 2016 through August 2019. It also lists the total tax revenues for each fiscal year, with amounts continuing to rise from over $20 million in FY16 to over $102 million in FY19.

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    Oregon marijuana tax receipts have been steadily increasing since legalization. The document provides a breakdown of monthly tax revenues received by the state and local governments from February 2016 through August 2019. It also lists the total tax revenues for each fiscal year, with amounts continuing to rise from over $20 million in FY16 to over $102 million in FY19.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    5K views2 pages

    Financial Reporting Receipts Public

    Uploaded by

    Mark Furman
    Oregon marijuana tax receipts have been steadily increasing since legalization. The document provides a breakdown of monthly tax revenues received by the state and local governments from February 2016 through August 2019. It also lists the total tax revenues for each fiscal year, with amounts continuing to rise from over $20 million in FY16 to over $102 million in FY19.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Oregon Marijuana Tax Statistics: Accounting Information

    Marijuana Tax Receipts


    $14,000,000

    $12,000,000

    $10,000,000

    $8,000,000

    $6,000,000

    $4,000,000

    $2,000,000

    $0

    State Local
    Source: Department of Revenue

    *Note: Starting February 2017, the split between state and local is estimated due to the collection
    of state and local taxes together.
    The first local taxes collected by the Department of Revenue took effect during January 2017 and were
    due in Febuary 2017.
    Only some local marijuana taxes are collected by the state; those collected locally are not counted here.
    Actual state and local amounts will be known when quarterly tax returns are filed.

    Note 2: Amounts are payments made by businesses during the month, rather than tax liability.
    Liability is determined by a tax return.
    Amounts cannot be directly translated to sales made by businesses to consumers.
    Retailers retain 2 percent of taxes collected to reimburse the cost of tax collection.
    Payments might have been made later than when they were due.

    Month State Tax Received Local Tax Received


    Feb 2016 $2,484,170
    Mar 2016 $4,358,754
    Apr 2016 $3,735,111
    May 2016 $4,339,440
    Jun 2016 $5,735,508
    Jul 2016 $5,533,949
    Aug 2016 $7,345,281
    Sep 2016 $6,679,585
    Oct 2016 $7,831,157
    Nov 2016 $6,463,877
    Dec 2016 $5,647,600
    Jan 2017 $5,261,096
    Feb '17* $4,509,163 $682,601
    Mar 2017 $4,476,032 $705,927
    Apr 2017 $4,484,514 $685,289
    May 2017 $5,734,618 $903,169
    Jun 2017 $6,297,025 $980,297
    Jul 2017 $5,165,585 $778,484
    Aug 2017 $6,771,924 $1,056,064
    Sep 2017 $6,442,786 $1,002,240
    Oct 2017 $6,217,860 $1,003,269
    Nov 2017 $7,044,311 $1,065,975
    Dec 2017 $6,241,332 $935,358
    Jan 2018 $8,001,999 $1,281,581
    Feb 2018 $6,700,855 $1,007,936
    Mar 2018 $6,768,304 $1,071,102
    Apr 2018 $7,653,882 $1,215,050
    May 2018 $7,783,565 $1,217,778
    Jun 2018 $7,411,327 $1,149,289
    Jul 2018 $8,752,076 $1,347,574
    Aug 2018 $8,791,774 $1,322,820
    Sep 2018 $6,968,501 $1,085,921
    Oct 2018 $10,094,972 $1,514,507
    Nov 2018 $8,167,938 $1,259,334
    Dec 2018 $7,131,792 $1,077,844
    Jan 2019 $8,458,100 $1,306,892
    Feb 2019 $8,097,179 $1,229,196
    Mar 2019 $8,112,899 $1,248,981
    Apr 2019 $8,654,509 $1,361,001
    May 2019 $10,589,110 $1,664,420
    Jun 2019 $8,276,098 $1,284,497
    Jul 2019 $11,808,392 $1,831,632
    Aug 2019 $9,953,007 $1,547,498

    Fiscal Year (July-June) State Totals:


    FY16 $20,652,983
    FY17 $70,263,897
    FY18 $82,203,729
    FY19 $102,094,948

    Source: Oregon Department of Revenue Research Section


    Date updated: September 19, 2019

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