Bluegrass

Tax bills may rise

by | Aug 13, 2020 | Latest

Princeton City Council this week approved a contract for construction of a new Munici­pal Center and set a date for hearings on the budget and a property tax rate that will rep­resent an eight percent increase for property owners.

The council met in regular session Monday, Aug. 10.

A public hearing on the pro­posed $30.68 million fiscal year 2020-21 budget and property tax rate of 65.1215 cents per $100 assessed valuation will be conducted at the Sept. 14 city council session.

For the full story, see Aug. 13 issue or subscribe online.

By Joe Reavis[email protected]

 

Collin College Summer/Fall 2026 Registration 2

0 Comments

Subscribe Love

Related News

Comment sought on TxDOT projects

Comment sought on TxDOT projects

The Texas Department of Transportation (TxDOT) is collecting comments on the 2027 draft of its Unified Transportation Program (UTP), a rolling 10-year projection of highway and roadway plans. A virtual public hearing will be held at 2 p.m. CDT Wednesday, July 29, and...

read more
Tenants announced for Princeton Town Center

Tenants announced for Princeton Town Center

The official groundbreaking on Wednesday, July 15, included, from left, Steven Deffibaugh, Danielle Kaufman, Rich Winters, Eric Seitz, Mayor Escobar; Rudy DiPietro, Liz Garner, Terrance Johnson; Bryan Washington and Jaisen Rutledge. Photo Courtesy Beth Willhite ...

read more
Ground broken for retail complex

Ground broken for retail complex

After years of hope and delays, there has been a ceremonial start to construction at Princeton Town Center, a 66-acre retail complex on the northwest corner of Beauchamp Boulevard and U.S. Highway 380.   “All their infrastructure has been approved,” Shai Roos,...

read more
City may raise fees for development, fire services

City may raise fees for development, fire services

City officials have proposed a broad increase in development, permitting and fire-prevention fees, arguing that rapid growth and more complicated projects are leaving existing taxpayers to subsidize services primarily used by private developers. The proposed fee...

read more
Photos online