Residents within the Princeton ISD will see a slight drop on their property tax rate this year as a result of action by the Texas Legislature.
At the August board meeting, unanimous approval was given for an approximately 5 cent tax rate cut. This year’s tax rate will be $1.57 per $100 valuation. $1.07 of the amount will go toward Maintenance and Operation and 50 cents will be for the district’s debt services.
By Wyndi Veigel • News Editor • [email protected]
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