Memo regarding Cannabis Tax Agreement from Manager Bryan Healy dated November 26%2C 2024

resolution 1 page

Meeting: portal event 1002 (no meeting page on file)

Agenda item: Non-Consent Agenda Resolutions — Consider authorizing the Village Manager to execute an agreement with the Town of Cortlandt regarding the distribution of cannabis excise tax.

Resolution, 1 page. Attached to agenda item: “Non-Consent Agenda Resolutions — Consider authorizing the Village Manager to execute an agreement with the Town of Cortlandt regarding the distribution of cannabis excise tax.”

Retrieved 2026-04-15 from the village's meeting portal. View the original PDF ↗

Also attached to this agenda item: Cannabis Excise Tax Agreement December 2nd Resolution 250-2024 Cannabis Excise Tax...

Extracted text

To: 
From: 
Date: 
November 26, 2024 
Re: 
Cannabis Tax Agreement 

As you may be aware, existing New York State law allows for a town and village to modify the excise 
tax distribution for cannabis sales. Under state law, the 3% tax would be evenly split at 1.5% for each 
municipality. After discussing with the Town of Cortlandt, we have come to an agreement which 
would allow the Village to retain 2% of the excise tax paid on cannabis sales which occur at a 
dispensary in the Village, while the Town would receive 1%. 

It is important to note that this agreement is being put in place proactively. There is no current plan 
for a dispensary to open within the Village of Croton-on-Hudson. 

Please let me know if you have any questions. 
Mayor 
Brian Pugh 
Trustees 
Nora Moriarty Nicholson 
Ian Murtaugh 
Cara Politi 
Len Simon 
Village Manager 
Bryan T. Healy 
Village Treasurer 
Daniel Tucker 
Village Clerk 
Pauline DiSanto 
Village of         Croton-on-Hudson New York 
Stanley H. Kellerhouse Municipal Building  
One Van Wyck Street 
Croton-on-Hudson, NY 10520-2501

Machine-extracted for search and reference — the original PDF is the authoritative version.