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Princeton board approves resolution accepting tax amounts and rates for county submission
Summary
The board approved a resolution accepting amounts and rates as determined by the Hamilton County budget commission for calendar year 2027 tax rates; the motion passed by roll-call vote with board members present voting yes.
At the May meeting, the treasurer reviewed the district’s tax budget and forecast prepared earlier in the year and described the annual process: the district submits its tax budget to Hamilton County, which returns recommended rates for district approval.
A board member moved "to approve the resolution accepting the amounts and rates as determined by the budget commission as presented." The motion was seconded and the board discussed timing and submission requirements. The treasurer said the rates apply to calendar year 2027 and reminded the board that the district’s fiscal year and the county’s calendar year differ.
A roll-call vote followed; members present recorded "yes" votes and the chair announced the motion passed. No amendments were made during the discussion.
The board did not attach further conditions to the resolution; the treasurer said staff will finalize and return required paperwork to the county before the end-of-month deadline.
