Assembly members voted on the proposed FY25 borough budget for the first time on Monday, as well as two additional ordinances related to revenue — unanimously passing all of them in their first readings.
Alongside the first draft of the next Petersburg Borough budget for fiscal year 25 (FY25), two ordinances regarding the borough’s transient room tax were introduced. One clarifies the uses of the fund, and the other would raise the 4% TRT rate to 7%.
Transient room tax is essentially a “bed tax” paid by patrons of hotels and lodges.
“This is, you know, when you go and stay at a hotel here in t...
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