Public Notice - Real Estate Transfer Tax

NOTICE IS HEREBY GIVEN that the Sharon City Council intends to consider and enact an Ordinance amending Part 8, Chapter 860, Section 860.04(a) at its regular meeting on Wednesday, January 14, 2026, at 5:30 p.m. in the Council chamber located at 155 West Connelly Boulevard, Sharon, PA 16146.  The proposed amendment is titled as follows:

 

AN ORDINANCE OF THE CITY OF SHARON, MERCER COUNTY, PENNSYLVANIA, AMENDING PART EIGHT, CHAPTER 860, REALTY TRANSFER TAX, INCREASING THE REAL ESTATE TRANSFER TAX BY ONE HALF PERCENT (.5%).

 

It is estimated the amount of annual revenue to be generated by the Local Real Estate Transfer Tax will be $400,000, an estimated increase of $100,000.  The revenue derived from the Local Real Estate Transfer Tax will be used to provide additional revenues for City capital projects.

 

A copy of this ordinance is also available for inspection at the City of Sharon offices located at 155 West Connelly Boulevard, Sharon, PA 16146 during regular business hours.

 

CITY OF SHARON

Daphne Parrish

City Clerk

 

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