Budget Documents and Information
The 2011 budget hearing is scheduled for April 12, 2011 at 7:30pm at Borough Hall.
Borough 2011 budget schedule:
March 29 – Capital Budget Discussion
April 5 – Operating Budget Discussion
April 12 – Public Hearing/ Introduced Municipal Budget
(Documents are pdf, may take a while to download)
2011 Proposed budget
2010 Passed budget
Recent (2010-06) bond prospectus
2010 Mercer County budget
2009 Audited financials
Revaluation Study Commission Report
The Joint Revaluation Study Commission has issued its report.
Revaluation Study Commission Report
This is posted for information purposes. CFAT did not participate in the commission.
Princeton Borough Employee Benefits Analysis
The Borough spends over half of its $25 million budget employing its workers, so it is logical for any conversation about cuts or freezes to begin with labor costs. The Borough compensates its employees with wages at or above both market value and the wages of local government workers in other states. Borough employees also participate in an attractive “Cadillac”1 healthcare plan while paying very little in premiums, and they have the opportunity to participate in a state-run, defined-benefits pension program. Any private employer in the Borough’s current situation would surely look to secure serious concessions from workers in the next collective bargaining negotiations.
Welcome
Welcome to the new CFAT website. We are a group of Princeton Borough residents and taxpayers working with the Borough Council to help make well-informed decisions about the budget. The charter members include Jo Butler, Mark Censits, Jenny Crumiller, Alan Hegedus, Jack Morrison and Hank Siegel. However not all of us are planning to continue in this endeavor long-term and we are looking for citizens with financial expertise to join us
Please contact us or submit an application using the links above if you're interested in meeting with us.
