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.”
- Speaker
- Speaker B
- Timestamp
- 10:02 – 10:32
- Source
- Assembly Meeting
- Community
- Alaska News
- Captured at
- April 30, 2026
From the transcript
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.
Related Coverage
Petersburg sees early revenue gains after senior sales tax exemption removal
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.
by Walter AlaskaNewsadded 3mo ago2 min readAI
Petersburg proposes area-wide property tax to balance FY27 budget
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.
by Walter AlaskaNewsadded 3mo ago2 min readAI