Municipalities in Illinois which have hashish dispensaries will begin seeing more cash from leisure marijuana purchases.

Cities, counties and villages that handed a person 3% hashish tax might begin amassing it as of July 1. In the Metro East, meaning extra income for St. Clair County, Collinsville and Sauget, areas that handed a tax levy and the place the area’s two present dispensaries function.

Madison County received’t acquire an extra tax as a result of county board members voted against allowing cannabis sales in unincorporated parts of the county last year.

While the tax improve will possible solely be a number of further {dollars} per buy, it represents more cash for native metropolis and county budgets at a time when some municipalities in the area have laid off workers or considered doing so due to the financial harm brought on by the coronavirus.

So far, Collinsville has averted layoffs through the use of the taxes it collects from hashish gross sales to offset drops in different income sources, like gross sales tax, mentioned City Manager Mitch Bair.

“It’s a safety net, a backstop,” he mentioned. “We’re not going to rely on that 100% for operations after the pandemic, and that was never the plan.” [Read more at St. Louis Public Radio]

Source link