School tax levy will decrease by $40,000 in Freehold Borough budget
School tax levy will decrease by $40,000 in Freehold Borough budget
FREEHOLD – The Freehold Borough K-8 School District Board of Education has adopted a $38.68 million budget to fund the operation of the district in 2021-22 and will collect $40,000 less in property taxes during the upcoming academic year.
The budget, which was adopted by the board on May 3, will be supported by the collection of $10.74 million in local taxes to be paid by Freehold Borough’s residential and commercial property owners. Other revenue includes $887,805 to be appropriated from the district’s surplus fund (savings).
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It s the most outstanding high schools around the nation and right here in New Jersey, according to the latest survey by U.S. News and World Report.
The latest data, in a recent
Patch article, from U.S. News and World Report ranks high schools on various factors, including these six factors:
college curriculum breadth
underserved student performance
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Freehold Township officials will hold public hearing on $43M budget
Freehold Township officials will hold public hearing on $43M budget
FREEHOLD TOWNSHIP – The Township Committee has introduced a $43 million budget to fund the operation of Freehold Township this year.
The budget, which may be amended prior to its final adoption, was introduced by committee members on April 13. A public hearing on the budget is scheduled for May 11 and the governing body may adopt the budget that evening.
The $43 million budget will be supported by the collection of $23 million in taxes from Freehold Township’s residential and commercial property owners. Other revenue includes the receipt of $7.44 million in state aid.