LANSING, MI (WHTC-AM/FM, Feb. 28, 2023) – One of the benefits touted by proponents of a recreational marijuana ballot proposal passed by Michigan voters more than four years ago was that tax revenues would be going to municipalities and counties.
On Tuesday, the state Department of Treasury announced that more than $59.5 million will be distributed among 224 public entities as part of the Michigan Regulation and Taxation of Marijuana Act. Along the Lakeshore, Allegan County will receive nearly $415,000, while Ottawa County gets over $155,000. Local municipalities sharing in this financial pot (no pun intended) include the city of Allegan (over $155,000), Crockery Township (nearly $104,000), the City of the Village of Douglas (around $104,000), the city of Fennville (nearly $52,000), the city of Grand Haven (around $52,000), and Saugatuck Township (over $103,000). The amounts vary depending on the number of licenses each entity allows.
Besides this $59.5 million, the state is also sending $69.4 million to the School Aid Fund and a similar amount to the state Transportation Fund, as more than $1.8 billion in adult-use marijuana sales was reported in Fiscal 2022.
