What's Happening in Princeton, MN…

A special election will be held in January to put a bond referendum of $17.5 million in front of Princeton voters.

Property assessed at $830,000, the average for the town, would be charged an estimated property tax of $162 and $262 per year for 2023 and 2024 respectively and $65 each of the next 18 years, assuming the referendum is approved by the voters.

Regardless of how the vote goes, property taxes will go down in two years, as the debt service of six million dollars from the 2004 referendum for the H.S. performing arts center ends.

A flyer printing service offers one of the least expensive ways of informing the public.

A HVAC systems replacement, due to mold issues, and not roofs was a priority in the 2018 referendum. At that time School Board V.P. Dafna Kendal said it was deemed that roofs were something that could wait; they have deteriorated since. If passed, replacing the schools’ roofs would be spread out over four years.

According to Beth Behrend, School Board President, the district has a rolling list of items that will need to be funded every two years or so. In the future, referendums for non-maintenance issues could also be added for voter consideration due to a growing student body and the necessity for more facilities or modernizing present ones.

The special election will be held on January 25 from 1:30 pm to 8 pm at the district’s four elementary schools.