
Speaker B
10:02 - 10:32
"January totals, well, total sales that were exempted for seniors in 2025 was $527,000. In '26 for the same month, it was $74,000. And I don't think it'll be that high in the future for January. You can see how it went down quite a bit in February."
“January totals, well, total sales that were exempted for seniors in 2025 was $527,000. In '26 for the same month, it was $74,000. And I don't think it'll be that high in the future for January. You can see how it went down quite a bit in February.”
But January totals, well, total sales that were exempted for seniors in 2025 was $527,000. In '26 for the same month, it was $74,000. And I don't think it'll be that high in the future for January. You can see how it went down quite a bit in February. It's just some businesses do things for seniors, let's say in December, but then they don't bill until January.
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.
