Princeton, KY town hall & government
Princeton spent $4 million in the year to June 30, 2023, about $650 per resident.
Where the money goes, where it comes from, property taxes, and how to reach Princeton's government.
Where Princeton's money goes
Where the money comes from
- Income taxes 44%
- From the federal government 23%
- Sales taxes 13%
- Property taxes 11%
- From the state 3%
- Interest, fines & other 3%
- Fees & charges 2%
- From other local governments 1%
- Other taxes & licenses <1%
Who works for Princeton
Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate.
Caldwell County School District
Princeton's K–12 school district, shared with Fredonia. It is its own government, with a budget separate from the town's.
Where the district's money comes from Kentucky districts overall: 37% local, 46% state, 17% federal
- Local 21%
- State 48%
- Federal 31%
Of the $11,642 per pupil, $6,674 goes to classroom instruction (teachers, aides, supplies); the rest to support services such as buses, buildings, counselors and administration. Building projects and debt payments aren't in the per-pupil figure.
Which schools Princeton kids attend, test scores and graduation rate →
What homeowners in Princeton pay
The median yearly bill homeowners report, covering every local property tax on the home (town, schools, county). The effective rate is that bill divided by the median home value, so it's a rough guide, not the official tax rate.
Contact Princeton's government
Who represents Princeton
Princeton is represented in Congress by Senators Mitch McConnell and Rand Paul and Representative James Comer. Andy Beshear is governor.
Budget: U.S. Census Bureau, 2022 Census of Governments: Finance (every city and town government's revenue, spending and debt, grouped into plain categories). Property tax: Census American Community Survey, 5-year estimates.