Presentation of School Budget Set for Princeton Council Meeting Monday Night

Princeton Superintendent of Schools Steve Cochrane will provide a presentation on the school district’s proposed $81,472,092 budget at the town council meeting Monday night, 7 p.m. at the municipal complex.

The school board introduced a budget in March that calls for a $1.7 million tax levy increase, according to Planet Princeton.

The owner of the average Princeton home assessed at $796,000 would pay $8,512 in school taxes, an increase of $178, according to the report. The budget itself increases by just under $2 million.

Princeton Council will also consider four ordinances on first reading, including:

• An Amendment to town code concerning residential and non-residential affordable housing development fees;
• The appropriation of $51,000 and the borrowing of $48,450 for sidewalk repairs;
• The authorization of a contribution from Princeton Affordable Housing Trust Fund for the acquisition of a property on 9 Hilltop Drive, and the renovation and creation of a group home project; and
• An ordinance concerning the salaries and compensation for certain municipal personnel.

To view the full agenda, click here.