Princeton City Council members have dropped the total property tax rate by 17.64% — or more than nine cents per $100 of taxable value. The rate will decrease from 53.5 cents per $100 value in tax year 2022 to 44 cents per $100 in tax year 2023.
Also at the Monday, Sept. 11 meeting, council adopted the Fiscal Year 2023-2024 budget commencing Oct. 1.
It will raise 11.8% more revenue from property taxes, $1.35 million.
The operating budget projects total revenue across all funds of $62.5 million and total expenditures of $66.9 million.
Fall fun fills October calendar
Fall on the Farm at Reeves Family Farm offers pumpkins, farm activities and autumn-themed fun. The event runs through Oct. 23-24 at Reeves Famaily Farm, 3577 FM 1377, Princeton. Shelley Dowdle/The Princeton Herald Pumpkins, costumes, candy and a little local history...


















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