Statistics and Information
Tax Rate Information provided by the Princeton Regional School District
Princeton Regional School District Property Tax Rates- Direct and Overlapping Governments Last 10 Fiscal Years (rate per $100 of assessed value) Unaudited |
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Princeton Regional Schools |
Overlapping Rates |
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Fiscal Year |
Basic Rate* |
General Obligation Debt Service * |
Total Direct |
Princeton Borough |
Mercer County |
Total Direct and Overlapping Tax Rate |
| 1999 | $1.033 | $0.037 | $1.070 | $0.600 | $0.550 | $2.220 |
| 2000 | 1.122 | 0.038 | 1.160 | 0.620 | 0.600 | 2.380 |
| 2001 | 1.186 | 0.034 | 1.220 | 0.650 | 0.660 | 2.530 |
| 2002 | 1.273 | 0.037 | 1.310 | 0.690 | 0.810 | 2.810 |
| 2003 | 1.276 | 0.184 | 1.460 | 0.730 | 0.870 | 3.060 |
| 2004 | 1.399 | 0.151 | 1.550 | 0.850 | 0.950 | 3.350 |
| 2005 | 1.535 | 0.155 | 1.690 | 0.900 | 1.040 | 3.630 |
| 2006 | 1.572 | 0.158 | 1.730 | 0.950 | 1.010 | 3.690 |
| 2007 | 1.718 | 0.152 | 1.870 | 0.990 | 1.060 | 3.920 |
| 2008 | 1.803 | 0.016 | 1.960 | 1.040 | 1.162 | 4.162 |
| percent increase over last 10 yrs | 83% | 73% | 111% | 87.5% | ||
Source: District Records and Municipal Tax Collector
Note:
a. The district's basic tax rate is calculated from the A4f form which is submitted with the budget and the Net valuation taxable.
b. Rates for debt service are based on each year's requirements
Total Borough budget $24.59 million
2009 Borough Budget (large PDF)
2008 Township Budget (PDF -prepared by the Citizen Finance Advisory Committee)
Princeton Borough population according to 2000 census :13,568
Total housing units 3,495
Per capita income $27,292 (1999 dollars, note that PU student population probably skews this number)
Princeton Township population according to 2000 census: 16,662
Township total housing units 6,224
Township per capita income $56,360 (1999 dollars)