
Speaker B
20:46 - 21:27
"By last year, or I guess this current year, we're using $770,000 of Secure Rural Schools. Next year, proposing to use just $660,000. We're trying to ratchet it down, and then, but in doing so, we're having to use more taxes to help pay for the school."
“By last year, or I guess this current year, we're using $770,000 of Secure Rural Schools. Next year, proposing to use just $660,000. We're trying to ratchet it down, and then, but in doing so, we're having to use more taxes to help pay for the school.”
One of the things I wanted to show you about this slide is we use Secure All Schools to help fund our local contribution, and we're trying to not use as much Secure All Schools since we only get about $600,000 a year, and sometimes they say, no, you're not going to get any more. And so So this is doing that. By last year, or I guess this current year, we're using $770,000 of Secure Rural Schools. Next year, proposing to use just $660,000. We're trying to ratchet it down, and then, but in doing so, we're having to use more taxes to help pay for the school.
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.
