From the recording
Town Council discusses budget and grants
Quick view
The Town of Princeton Council met in a special meeting on December 2 to discuss the 2026 municipal budget and grants. The meeting focused on the budget's financial plan, including a 3.02% tax increase. Council members also discussed discretionary grants, with a projected $200,000 for community projects in 2026-2027.
The council reviewed the budget book, which includes a 5% inflationary increase and adjustments to the 2025 budget. They also discussed the possibility of a public consultation process on the first draft of the budget.
One of the main topics of discussion was the caboose refurbishment project. The council considered upgrading the caboose and providing signage upgrades to the weather vein on Highway 5A and Airport Road. They also discussed the cost of the project, which includes a $15,000 budget for signage.
FACT · Decisions / recommendations
What was decided (or proposed)
- recommended — Budget discussion and grants: The council discussed the 2026 municipal budget and grants, including a 3.02% tax increase and a projected $200,000 for community projects in 2026-2027.
- recommended — Caboose refurbishment project: The council considered upgrading the caboose and providing signage upgrades to the weather vein on Highway 5A and Airport Road.
FACT · Next
What comes next
- The council will continue to work on the budget and make decisions on grants. The public consultation process on the first draft of the budget will be held in February or March 2026.
FACT · Delegations
Who spoke
- Staff — Input and feedback on the budget and grants
CONTEXT · Who may be affected
Stakes & interests
Budget and grants
The budget and grants discussed by the council will have a significant impact on the town's finances and community projects. Residents should be aware of the proposed tax increase and the potential for community projects to receive funding.
FACT · By item
Item notes
Every business item from the published agenda is listed here. Full agenda.
5 UNFINISHED BUSINESS
UNFINISHED BUSINESS [5]
Open questions
- What is the current status of the caboose refurbishment project, and what are the expected costs?
Sources
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