Town Hall · Princeton

Princeton, TX town hall & government

Princeton spent $10.6 million in the year to September 30, 2022, about $675 per resident.

Where the money goes, where it comes from, property taxes, and how to reach Princeton's government.

Local leadership

Who runs Princeton

Eugene Escobar JrMayorTerm ends 2029 972-734-2416Email Source ↗ Out of date? Sign in to tell us

From public records (Open States and Wikidata), which can lag behind an election. If a name is out of date, tell us: when two neighbors agree, it's hidden until the records catch up.

Town budget · Census estimate

Where Princeton's money goes

Spent
$10.6 million
fiscal year to September 30, 2022
Per resident
$675
typical Texas cities: $1,280
Long-term debt
$11.9 million
$760 per resident
Police
$2 million18%
Roads & transportation
$1.7 million16%
Sewer & trash
$1.7 million16%
Water & other utilities
$1.7 million16%
Administration & buildings
$913,0009%
Fire
$568,0005%
Interest on debt
$518,0005%
Parks & libraries
$512,0005%
Courts, inspections & corrections
$294,0003%
Health & welfare
$231,0002%
Other
$548,0005%

Where the money comes from

  • Property taxes 26%
  • Fees & charges 22%
  • Utility sales 16%
  • From the federal government 14%
  • Sales taxes 12%
  • Interest, fines & other 5%
  • Other taxes & licenses 3%
  • From other local governments 1%
  • From the state <1%

Princeton didn't report all of its 2022 figures to the Census Bureau, so most of these numbers are the Bureau's estimates.

Town workforce

Who works for Princeton

Full-time staff
129
no part-time staff
Average full-time pay
$56,300
a year, before benefits
Sworn police officers
24
and 36 full-time firefighters
Fire
37 full-time
Police
26 full-time
Parks & libraries
12 full-time
Water & other utilities
12 full-time
Administration & buildings
9 full-time
Courts, inspections & corrections
5 full-time
Roads & transportation
5 full-time
Other
23 full-time

Staff on the town's payroll in March 2022. Pay is March payroll times twelve, so it's approximate.

Schools · school year 2023–24

Princeton Independent School District

Princeton's K–12 school district, shared with Lowry Crossing. It is its own government, with a budget separate from the town's.

Spending per pupil
$11,375
Texas: $12,815
Students
8,688
in the whole district
Long-term debt
$531.2 million
at year end

Where the district's money comes from Texas districts overall: 51% local, 36% state, 13% federal

  • Local 45%
  • State 50%
  • Federal 5%

Of the $11,375 per pupil, $7,140 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.

Also serving Princeton: McKinney Independent School District ($11,965 per pupil).

Property tax

What homeowners in Princeton pay

Typical tax bill
$5,326
a year · Texas typical $4,232
Effective rate
1.61%
of home value · Texas 1.49%
Typical home value
$331,000
owner-occupied

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.

Local

Contact Princeton's government

Town hall & decisions in Princeton →

Beyond town hall

Who represents Princeton

Princeton is represented in Congress by Senators John Cornyn and Ted Cruz and Representative Keith Self. Greg Abbott is governor.

All of Princeton's representatives, with contacts →

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.

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Princeton

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