The Smithville Board of Aldermen approved the move to put a ballot issue in front of voters April 4. Voters will decide if the city should impose an additional 3% sales tax on recreational marijuana sold in the city.
The Smithville Board of Aldermen approved the move to put a ballot issue in front of voters April 4. Voters will decide if the city should impose an additional 3% sales tax on recreational marijuana sold in the city.
SMITHVILLE — Joining with neighboring communities, Smithville will also place a ballot issue in front of voters April 4, 2023, which, if passed, will allow the city to collect an additional 3% sales tax on recreational marijuana sold at dispensaries. The board of aldermen voted unanimously to put it on the ballot at their Jan. 17 meeting.
To pass, the issue requires a simple majority. The Smithville Board of Aldermen has been discussing the issue since December.
Early estimates by the Missouri Municipal League indicate cities with the additional 3% adult-use recreational marijuana sales tax in place could see a projected $150,000 in additional sales taxes per dispensary per year.
City Administrator Cynthia Wagner explained additional funds will go to the general fund. Staff anticipates tracking that tax revenue separately and use will be determined annually through the budget process.
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