Create Price Range Taxonomy

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<?php

/**
 * Create Price Range Taxonomy
 * @author Bill Erickson
 * @link http://www.billerickson.net/wordpress-custom-taxonomies/
 *
 */

function be_register_price_range_taxonomy() {
	$labels = array(
		'name' => 'Price Ranges',
		'singular_name' => 'Price Range',
		'search_items' =>  'Search Price Ranges',
		'all_items' => 'All Price Ranges',
		'edit_item' => 'Edit Price Range',
		'update_item' => 'Update Price Range',
		'add_new_item' => 'Add New Price Range',
		'new_item_name' => 'New Price Range Name',
		'menu_name' => 'Price Range'
	); 	

	register_taxonomy( 'price-range', array('projects'), 
		array(
			'hierarchical' => true,
			'labels' => $labels,
			'show_ui' => true,
			'query_var' => true,
			'rewrite' => array( 'slug' => 'price-range' ),
		)
	);
}
add_action( 'init', 'be_register_price_range_taxonomy' );