
Speaker B
12:14 - 12:48
"This year we've added an additional expense of the area-wide mill rate for operations. Uh, we are allowed to do this by charter section 1405. You'll see the 1.71 mills is included in that, and area-wide is For everyone, Service Area 1, area-wide is included, so that increased the $5 mils to $6.64 mils. That's an increase of $164 per $100,000 of assessed value."
“This year we've added an additional expense of the area-wide mill rate for operations. Uh, we are allowed to do this by charter section 1405. You'll see the 1.71 mills is included in that, and area-wide is For everyone, Service Area 1, area-wide is included, so that increased the $5 mils to $6.64 mils. That's an increase of $164 per $100,000 of assessed value.”
This year we've added an additional expense of the area-wide mill rate for operations. Uh, we are allowed to do this by charter section 1405. You'll see the 1.71 mills is included in that, and area-wide is For everyone, Service Area 1, area-wide is included, so that increased the $5 mils to $6.64 mils. That's an increase of $164 per $100,000 of assessed value.
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.
