Terrance Johnson

Proposed Fiscal Year 2026-2027 Annual Budget

Sets spending and service levels citywide for the coming year.

Parks Bond Program Capital Projects Update

Bond-funded parks projects affect how voter-approved park money is spent.

CDC and EDC Bylaw Amendments

None directly from the discussion, though future spending thresholds and contract rules will be affected.

Harvest Point Economic Development Negotiations

Financial terms and potential incentives are currently under confidential negotiation.

Princeton Micro-Hospital Final Plat

Supports local job creation and expands property and sales tax revenues.

Fire Department SAFER Grant Reconsideration

Requires initial city matching funds of over $218,000 in year one, scaling up significantly in subsequent years.

EDC and CDC Staffing Study and Organizational Capacity

The study contract cost isn't stated yet, but findings could affect future staffing budgets.

Library Board Governance and Volunteerism

No construction cost is attached yet — this is the land dedication step.

Meeting Schedule Change

This hire dictates the efficiency and strategy behind how your tax dollars are managed across all city departments.

City-Wide Wayfinding and Signage Initiative

A CDC partnership could determine how wayfinding signage is funded.

Princeton-180 (Serenity) Public Improvement District Assessments

Establishes formal assessment mechanisms for infrastructure financing within the Serenity PID.

Library Operations and Senior Programming

Fiscal impact will be determined during final budget adoption by the city council.

Development Services and Fire Department Fee Schedule Update

New fees would shift more of the city's development-review costs onto permit applicants rather than taxpayers.

Data Center Zoning Regulations

Could affect the city's tax base by making large data center projects harder — but not impossible — to build.

155-foot cell tower at Walmart

Longneck Road Rezoning to Planned Development 46

Road widening costs were not identified; road improvements would be borne by developers per-project or left unfunded.

Cybersecurity Incident and Data Privacy

Potential unquantified costs related to cybersecurity remediation and financial fraud impacts on residents.

Steven and Judy Deffenbaugh Community Center Audit

Details regarding audit findings and potential financial adjustments will be presented.

Commercial Gas Station Expansion at Myrick and South Beauchamp

New commercial development would add to the city's sales and property tax base.

Multi-Year Roadway Management Plan and Pavement Repairs

The proposed multi-year roadway reconstruction plan is estimated at approximately $20 million.

Approval of October meeting minutes (2026-066)

Purchase of fitness equipment from Marathon Fitness (2026-073)

E.1 ORD-2026-11-09-01 — Rezoning to PD 47, S Beauchamp Blvd & Myrick Lane

E.2 ORD-2026-11-09-02 — 155-foot Walmart cell tower SUP

E.3 ORD-2026-11-09-03 — Rezoning to C-2 at 1523 Longneck Road

E.4 ORD-2026-11-09-04 — SUP for Automobile Repair (major), 1523 Longneck Road

F.1 2026-018 — Ceigen Conveyance Plat, Forest Grove South & W Princeton Dr

F.2 2026-019 — Retail Partners Replat (QuickTrip car wash site)

F.3 2026-020 — Cope Retail Final Plat (Shoppes at Monticello)

F.4 2026-021 — KB Home Princeton Estates Phase 2 Final Plat

F.5 2026-022 — D.L. Caldwell Preliminary Plat, 107 W Princeton Dr

F.6 2026-023 — JB Princeton I, LP Replat (Princeton Business Park)

F.7 2026-024 — Christian Heights Preliminary Plat (freestanding ER site)

Consent Agenda Approval

First Amendment to Community Center Operations Agreement

Acceptance of Councilmember Steven Deffibaugh's Resignation

Ordinance No. 2026-10-26-01 (Fee Schedule Amendments)

FEMA SAFER Grant Acceptance

Crossmill Phase 1B Final Plat

Alternate City Manager Contract Approval

FEMA SAFER Grant Acceptance

Expressed fiscal concerns about committing to future budget years without adequate revenue planning.

Councilmember Johnson moved to approve Ordinance No. 2026-09-28 adopting the Fiscal Year 2026-2027 Annual Budget and appropriating resources for the fiscal year beginning October 1, 2026, and ending S

Councilmember Deffibaugh moved to approve the ad valorem Maintenance and Operations tax rate of $0.267959 on each $100 of assessed valuation of taxable property for general City purposes and to pay th

Councilmember Deffibaugh moved that the ad valorem tax rate of $0.205000 on each $100 of assessed valuation of taxable property be adopted for the purpose of creating an interest and sinking fund to p

Councilmember Long moved that the property tax rate be increased by the adoption of a tax rate of $0.472959, which is effectively a 6.26 percent increase in the tax rate, and to approve Ordinance No.

Councilmember Deffibaugh moved that the property tax rate be increased by the adoption of a tax rate of $0.472959, which is effectively a 6.26 percent increase in the tax rate, and to approve Ordinanc

Adoption of FY 2026-2027 Annual Budget (Item K1)

Adoption of 2026 Property Tax Rate (Item K3)

moved to approve Agenda Item J2. Ordinance No. 2026-09-21

Roll Over Unused Leave Days for Chief Waters

Appointment of David Hall as Alternate City Manager

Item G2: Submission of 2026 Tax Rates

Item J1: Proposed Property Tax Rate Resolution

Councilmember Deffibaugh moved to approve the submission of the 2026 No-New-Revenue Tax Rate of $0.445102 per $100 taxable value and the Voter-Approval Tax Rate of $0.472959 per $100 taxable value.

Councilmember Deffibaugh moved to approve Resolution No. 2026-09-08-R, proposing a Fiscal Year 2026-2027 property tax rate of $0.472959 per $100 valuation and setting September 16, 2026, at 6:30 p.m.

Councilmember Long moved to appoint Sharad Ramani to Place 2 and Larry Thompson to Place 6 on the Planning and Zoning Commission.

Councilmember Deffibaugh moved to schedule the public hearing on the City of Princeton’s FY2026-2027 Proposed Budget and proposed property tax rate on Monday, September 21, 2026 and Monday, September

Councilmember Deffibaugh moved to approve Resolution No. 2026-09-08-R, proposing a Fiscal Year 2026-2027 property tax rate of $0.472959 per $100 valuation and setting September 28, 2026, at 6:30 PM as

Princeton-180 (Serenity) PID Assessment Ordinance

Councilmember David-Graves moved to approve Agenda Item G4. 2026-196 authorizing a Non-Standard Water and Wastewater Service Agreement ("NSSA") between the City of Princeton, Texas (the "City"), and D

Adoption of Debt Service Tax Rate (Ordinance No. 2026-08-17)

Adoption of Comprehensive Plan

Approval of Proposed Fiscal Year 2026-2027 Tax Rate Ceiling for Notice

Serenity Phase I Final Plat Approval

Councilmember Todd moved to approve Agenda Item H2. 2026-148 to final plat a property being a 59.665-acre tract of land called Serenity Phase I, located east of FM 75 and south of County Road 831, Pri

Consent Agenda Modification and Approval

Appointment of Alternate City Manager

Approval of Whitewing Trails PID Assessment Resolution (Item L3)