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Massachusetts cities and cities with marijuana companies are getting income from a 3% tax on retail pot gross sales.

The highest cannabis tax earner in western Massachusetts from February to April is Northampton, pulling in additional than $530,000. Nice Barrington was subsequent according to practically $226,000. Easthampton obtained simply over $163,000, and Pittsfield acquired greater than $85,000.

Northampton mayor David Narkewicz mentioned he has “been attempting to dampen expectations” in regards to the quantity of tax income that can are available in long run.

“I am attempting to warning folks that it isn’t going to unravel all of our monetary woes, and that within the early going, it’ll be difficult to funds for the long run with out having just a few extra quarters,” he mentioned.

A cannabis plant on a show display at New England Remedy Entry in Northampton, Massachusetts. (Steven Senne/MassLive.com)

Northampton budgeted $1.2 million from pot taxes for its fiscal yr 2020 funds, which began July 1.

Narkewicz mentioned it was a conservative estimate.

“It goes proper into our common working fund {dollars},” he mentioned. “Identical to the meals tax. Identical to the resort motel tax. Identical to property tax. After which we make choices about spend it primarily based on the general funds.”

Pittsfield plans to place half of its marijuana cash right into a stabilization fund, used for emergencies, and can assist enhance town’s bond score. The remainder will go into town’s common fund, but it surely’s not earmarked for something particular.

However residents have numerous concepts about spend the marijuana tax revenues.

Pittsfield resident Rodney Jones sat at a bus cease taking a break between his day job, working at a manufacturing unit and an evening job, cleansing a faculty. He’d wish to see the taxes from marijuana go to restore potholes and parks.

“They’re fairly beat up now from put on and tear,” Jones mentioned. “A few of the playground fixtures — they’re actually free from children taking part in on them always.”

One other Pittsfield resident, Hyson Williams, can be considering of kids.

“Like leisure or leisure stuff for the children,” Williams mentioned. “Issues like — they might play chess, like video games. Or studying stuff.”

Jessica Nerrie, who has a 13-year-old son and resides on incapacity, wish to see the cash assist low earnings residents and the homeless.

“Some huge cash needs to be spent on shelters, on extra meals,” Nerrie mentioned.

Adam Ingenito pulled a purple wagon down North Road in Pittsfield together with his 3-year-old son Antonio. Ingenito mentioned it is too early to know what to spend the pot tax revenues on till town has a greater concept of how a lot it would get frequently.

“You may’t rely your chickens earlier than they hatch,” Ingenito mentioned. “I feel it is best to construct up an account, see the place the wants are after which decide. I feel to attempt to decide now the place they are going to use the cash is a bit untimely.”

Easthampton Mayor Nicole LaChapelle agrees. She would not need tax revenues to enter a recurring funds line till she is aware of how a lot to anticipate.

Easthampton residents even have concepts on spend the cash, comparable to tax abatement for seniors, or assist for first-time house patrons.

LaChapelle mentioned individuals consider pot taxes as thrilling.

“It is actually sort of a horny tax,” LaChapelle mentioned. “Down the street, it is going to be put to an unsexy expenditure, like retirement or well being care. And that is superb by me. A greenback is a greenback.”

This tax cash from fiscal yr 2019 shouldn’t be but slated in most municipal budgets. In some instances, it will be used for unanticipated, one-time bills, comparable to snow elimination.

Not precisely horny.

This story is a manufacturing of the New England Information Collaborative and was initially revealed by New England Public Radio. 

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