Town of Princeton Council discusses budget and bylaws

The Town of Princeton Council met on November 27, 2024, to discuss the budget and bylaws. The meeting was recorded, but the minutes are not yet available. The Director of Finance, James Graham, presented the draft budget, which is 50 pages long and includes estimates for the 2020 to 2024 financials. The budget is broken down by department, and each department's budget is estimated to be around 10-20% of the total budget. The Council discussed the revenue sources for each department, including operational and capital items. The operational items are usually easy to identify, but the capital items can be more complex. The Council also discussed the idea of allocating money to departments based on their needs, rather than building up a reserve. The meeting also touched on the topic of bylaws, but no specific bylaws were discussed. The Council will continue to work on the budget and bylaws in future meetings.