Assembly passes Borough's 2019 fiscal year budget
June 7, 2018
The Petersburg Borough’s 2019 budget passed its final reading Monday afternoon and soon becomes law.
Following two amendments the budget passed unanimously and results in a
lower tax rate for property owners.
Removed was a proposed $2,000 bonus for department heads, at least until union negotiations with the rank and file members of the PMEA is completed.
Finance Director Jody Tow told the assembly the money will go into the reserve accounts of both the general fund and the various enterprise funds and could be re-obligated later should the assembly so choose. Members voiced their desire...