Updated Dec. 9
The Princeton City Council has accepted the voluntary resignation of City Manager Mike Mashburn and has begun to look for his successor.
Council went into executive session three times during the evening to discuss various matters, the last being the city manager’s departure. Mashburn was hired in January 2024 after longtime manager Derek Borg resigned in October 2023.
During Mashburn’s tenure, the city was named the fastest-growing city in the U.S., by percentage, and council imposed a 14-month moratorium on new residential construction that expired in November.
His administration was criticized following the September 2024 repeal of the ordinance authorizing winter quarter averaging of wastewater bills, resulting in nearly $1 million in refunds.
Before coming to Princeton, Mashburn has been deputy city manager of Farmers Branch since 2022 and had previously served as director of parks and recreation.
His contract with Princeton was amended in April 2024 and was to extend until Sept. 30, 2028. It provided for him to be paid an annual base salary of $275,000 and $800 per month car allowance.
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