The Assessors have prepared this information to assist taxpayers in understanding how Princeton's annual budget is funded and spent. In Massachusetts, assessors are either appointed or elected to three-year terms.
State law requires that assessors value all real estate and personal property subject to taxation.
All of the assessors' activities are intended to insure that taxpayers pay an equitable tax. The State Department of Revenue requires assessors to submit their valuations for review and certification every three years. Assessors do not raise or lower taxes. That responsibility falls to those citizens who choose to be involved with Town Meeting and the budget preparation process. Assessors simply assess taxes in an amount sufficient to cover state and local appropriations.