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Board notes $3.69 million in bills, approves finance items and hears bond refinancing update

Freehold Township School District Board of Education · November 19, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Finance committee moved several items including approval of bills and claims totaling $3,692,778.06, discussed replacing aging emergency generators (unit cost $48,000–$60,000) and heard that refinancing of bonds at 2.36% should save taxpayers roughly $1,000,000 on the seven-year portion.

The finance, facilities and transportation committee reported multiple routine and capital finance items and the board approved the listed motions by roll call.

Committee chair reported that the district will go out for RFPs on brokered services as required by procurement rules and highlighted a capital need to replace emergency generators that are at…

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