Petition to Reduce Princeton Property Taxes

To:  The Trustees of Princeton University

Princeton University is exempt from paying property taxes to the Princeton Community. Besides an endowment of over $15.8 billion, it also owns more than 40% of the real property in Princeton Borough, and more than 14% of the real property in Princeton Township. If Princeton University paid property taxes, as do other taxpayers, property taxes would have been reduced by 24% to Borough taxpayers and by 15% to Township taxpayers in 2006. Making up this lost revenue unfairly burdens Princeton residents and businesses. We support our elected representatives’ efforts to negotiate a fairer payment from Princeton University.

Sincerely,

The Undersigned

The Petition to Reduce Princeton Property Taxes Petition to The Trustees of Princeton University was created by Princeton Community Democratic Organization and written by David Goldfarb (goldfada@excite.com).  This petition is hosted here at www.PetitionOnline.com as a public service. There is no endorsement of this petition, express or implied, by Artifice, Inc. or our sponsors. For technical support please use our simple Petition Help form.