Sales tax committee recommends increasing tax cap

The sales tax ordinance committee will recommend to the borough assembly an increase of the sales tax cap from $1200 to $1500 and to limit senior exemptions to full-time Petersburg residents.

The mission of the committee is to simplify the sales tax code and collection procedures and to generate an equal or greater amount of revenue so the borough doesn’t have to decrease services or increase property taxes.

It’s been meeting since last year and its members have discussed many of the exemptions outlined in the code—including the change or elimination of the senior sales tax exemption.

The issu...

 

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