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Princeton council introduces 2025 municipal budget; officials cite surplus growth and a modest tax increase
Summary
CFO Sandy Webb presented the 2025 introductory municipal budget to council on March 10. The proposal uses increased surplus and higher pilot and hotel-motel revenues to offset rising costs; the council introduced the budget and will vote again at a later meeting.
The Princeton mayor and council introduced the 2025 municipal budget March 10 after a presentation by Chief Financial Officer Sandy Webb outlining revenue changes, use of surplus and upward pressures on expenditures.
Webb said the introduced budget represents roughly a 3% increase over the prior year and includes additional salary funding to cover retirements and cost-of-living increases. On revenues,…
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