Princeton City Council holds special meeting on FY 2026-2027 budget and tax rate

The Princeton City Council met for a Special Meeting on Monday, August 17, 2026, to address several items related to the City’s Fiscal Year 2026-2027 budget, property tax rate, and an upcoming special election. The session included a work session prior to the regular meeting, during which Council members discussed the proposed property tax rate.

Following the work session, the Council held a public hearing regarding the City’s proposed 2026 property tax rate for the 2026-2027 fiscal year. During the proceedings, agenda items K2 through K5 were withdrawn. The City has made the full meeting available for public viewing in its Video Archive.

Residents interested in reviewing the discussions regarding the budget and tax rate can access the recording through the City’s official channels. The meeting focused on establishing the financial framework for the upcoming fiscal year, with specific attention paid to the tax rate implications for local property owners. No other agenda items were noted in the official highlights provided by the City.

The Council’s actions and discussions from this special meeting form part of the broader process for finalizing the 2026-2027 budget and preparing for the scheduled special election.