
Speaker B
24:59 - 25:31
"future ordinances to increase revenues, um, the sales tax cap, that's going to come before the assembly at the second meeting of May."
“future ordinances to increase revenues, um, the sales tax cap, that's going to come before the assembly at the second meeting of May.”
So, future ordinances to increase revenues, um, the sales tax cap, that's going to come before the assembly at the second meeting of May. I'm just taking the old one and dusting it off, adding some different language, updating sales tax caps that have maybe increased in other communities, um, because that was part of that ordinance. And then it'll be before you at that second meeting. The marine passenger fee ordinance increase will be at this next assembly meeting on Monday. I'll start it.
Petersburg Borough reported Thursday that sales tax collections increased by $26,000 in January and $22,000 in February compared to the prior year, two months after removing the senior citizen sales tax exemption, though the full revenue impact remains unclear as some purchases may now use the general $1,200 cap exemption.

The Petersburg Borough Assembly reviewed a proposed fiscal year 2027 budget Thursday that would add an area-wide operations mill rate, raising property taxes for all borough property owners to help cover a 5% increase in expenses.
