City Council unanimously passes sales tax free day in May
Despite the possibility of losing out on thousands in sales tax revenue May 5, 2012 has been declared Tax Free Day by the Petersburg City Council.
The resolution had been discussed, and delayed during the Monday, March 5 council meeting, and it was very close to being delayed again, but was later passed by the City Council.
The resolution's intent is to stimulate commerce by allowing consumers to purchase goods and services, while avoiding the 6 percent local sales tax.
Jody Tow, City Finance Director, voiced concern saying that the finance committee had not had a chance to look at the res...