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Margaretville reports cannabis sales tax receipts of $5,446.97 for 2025
Summary
Trustee David Budin reported the village received $5,446.97 in cannabis sales tax at the end of 2025 and an additional $1,039.05 subsequently; he said the smaller amount reflects the village’s half share after county and state deductions and a split with the Town of Middletown.
Trustee David Budin reported to the board that the village's cannabis sales tax receipts totaled $5,446.97 at the end of 2025. He added that since that time the village received $1,039.05, noting that the latter amount represents the village's half share after the county and state take their portions and because the village splits revenues with the Town of Middletown.
As Budin stated in the meeting: "The end of 2025, we received $5,446.97 in Cannabis Sales Tax and since then $1,039.05 which is half because we split it with the Town of Middletown." No further accounting details or planned uses for the proceeds were discussed during the session.
