The Petersburg Borough Assembly unanimously approved the first reading of an ordinance last week that would limit Petersburg's sales tax exemption for seniors to only those with low incomes.
Currently, all Petersburg residents aged 65 and older who have lived in the borough for at least one year qualify for sales tax exemption, regardless of income. According to the borough, there are 477 senior exemption cards currently issued.
In 2024, senior tax exemptions applied to more than $7.4 million in sales, which, if not exempted, would have generated an estimated $444,478 in tax revenue.
The new o...
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