In lieu of taxes, University increases voluntary contribution for second year
Julian Hartman-SigallIn lieu of property taxes, from which universities are exempt, Princeton University has announced its voluntary contribution to the town of Princeton. The University announced that it would give more than $50 million to the town over five years, which is an annual contribution of more than double its previous contribution of less than $4 million a year.
In lieu of property taxes, from which universities are exempt, Princeton University has announced its voluntary contribution to the town of Princeton. The University announced that it would give more than $50 million to the town over five years, which is an annual contribution of more than double its previous contribution of less than $4 million a year.























