The public hearing for the Petersburg Borough's FY26 budget is coming up on Monday, May 19.
The borough presented a balanced budget draft on May 5 that projects $13.54 million in general fund revenues and $13.51 million in expenditures - a small surplus of $24,168 compared to the last year's $42,271 shortfall.
Revenue from property taxes is expected to grow by more than $570,0000 reaching a total of $4.76 million. Property taxes now account for more than one-third of general fund revenue.
Other increases include investment income, which is projected to rise to $390,255 - nearly four times the...
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