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Freehold Township School District presents final budget; estimates $270 average homeowner increase tied to referendum debt service
Summary
School business administrator Robert Davida presented the district's final 2026'27 budget, citing health-care and special-education cost drivers, adjustments to reserve interest lines requested by the county, and a projected average tax increase of about $270 per household tied largely to referendum-related debt service.
Robert Davida, the district's school business administrator and board secretary, presented the Freehold Township School District's final budget for 2026'27, saying the document reflects changes the county asked the district to report for reserve interest lines and the district's main cost pressures.
"This is our final budget presentation for the year," Davida said, describing the county's request to show higher interest figures for capital, maintenance and emergency reserves and stressing those figures "do not impact the budget overall in terms of we can't spend more money." He said the line-item adjustments increase the district's revenue picture by roughly $69,000.
Why it matters: the budget presentation laid out the drivers that will affect the tax levy and student services. Davida said health-care costs are…
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