SFOT RH 2026

Princeton sales tax revenue increases

by | Mar 20, 2025 | Latest, News

The city of Princeton received a sales tax allocation check this month from Texas State Comptroller Glenn Hegar for $601,880, a 7.33% increase from a year ago.

Allocations to Texas cities were distributed by the comptroller this month for taxes collected on retail sales made in January by businesses that report tax monthly.

In March 2024, the check to Princeton was $560,750.

So far this year, the city has received $2.285 million, a 12.15% increase from the $2.037 million received for the similar period in 2024.

Statewide, the comptroller distributed sales tax proceeds to cities totaling $685.2 million this month, up 10.1% from the March 2024 total.

So far this year, cities in Texas have seen an overall average 6.2% increase in sales tax proceeds.

Stay informed and support local journalism, subscribe to your community newspaper The Princeton Herald today!

SFOT RH 2026

0 Comments

Subscribe Love

Related News

City takes new look at drainage needs

City takes new look at drainage needs

New Public Works Director Rifat Alam. Courtesy Art Princeton is preparing to restart work on a citywide stormwater and drainage master plan after public works officials concluded an earlier proposal did not adequately address the city’s rapid growth or long-term...

read more
College expert weighs data center impacts 

College expert weighs data center impacts 

What happens when a 75-megawatt data center moves into a rural neighborhood? At first, probably construction traffic, dust and noise. Once it begins operating, traffic should decline dramatically, but the facility would become a substantial consumer of electricity...

read more
Clean kids on the block

Clean kids on the block

Four Princeton kids patrol their neighborhood to pick up litter strewn along the road. From left, Tucker, 9; Ray’lynn,9; Brecklyn, 9 and Luna, 7. Courtesy Photo For the past three years, four Princeton youngsters have been hiking around their block near FM 1377,...

read more
Data stolen in city cyberattack

Data stolen in city cyberattack

Two weeks after first reporting a potential data breach, the city of Princeton has confirmed that confidential information and personally identifiable information was downloaded from municipal computer systems. On Sept. 18, Princeton said it was investigating what was...

read more
Local creativity earns State Fair honors

Local creativity earns State Fair honors

Princeton resident Kimberly Lindsey placed second in Craft Creations for her handmade basket. Courtesy art When the State Fair of Texas opened Friday, Sept. 25, visitors found plenty of local talent among the award-winning entries inside the Creative Arts Building....

read more
Photos online