FRHSD puts $187M budget in place for upcoming year
The Freehold Regional High School District’s (FRHSD) general fund tax levy will increase by 1 percent in 2012-13, but changes to property taxes are expected to vary throughout the district’s eight sending municipalities.
Members of the FRHSD Board of Education voted 8-0 to adopt the 2012-13 budget during a March 26 public hearing at Freehold High School, Freehold Borough. Board member Michael Messinger was absent from the meeting.
The district’s spending plan for 2012-13 totals $187 million and is supported by a $116.8 million general fund tax levy, Business Administrator Sean Boyce said.
During the 2011-12 school year, the general fund tax levy hit $115.6 million.
Due to the fact that the board has kept the increase in the general fund tax levy under the state-mandated 2 percent cap, residents will not have the opportunity to vote on the school budget.
The budget also falls below the state’s spending benchmark by about $4.5 million, Boyce said.
The district’s 2012-13 debt service tax levy will remain nearly identical to the 2011-12 figure of $4 million, according to a copy of the budget.
District officials expect to receive $52.7 million from the state for the 2012-13 school year, including extraordinary aid that has not yet been officially allocated to the district.
All told, the budget will rely on a total tax levy of about $120.8 million, which will come out of taxpayers’ pockets, Boyce said.
The FRHSD tax rate will differ for each sending municipality, Boyce said, explaining that the tax rate depends on a municipality’s assessed property value and the number of children in elementary school and high school. The FRHSD does not determine the tax rates.
The amount of taxes to be collected in each sending municipality for the 2012-13 school year will be as follows:
• Colts Neck: $11.97 million.
• Englishtown: $986,034.
• Farmingdale: $546,544.
• Freehold Borough: $3.67 million. • Freehold Township: $25.4 million. • Howell: $26.3 million. • Manalapan: $24.1 million.
• Marlboro: $27.8 million.
The sending municipalities’ FRHSD tax rates are expected to be as follows:
• Colts Neck’s FRHSD tax rate will be 39 cents per $100 of assessed valuation ($3,258 in FRHSD taxes on a home assessed at the township average of $835,327). The tax rate in 2011-12 was 39.08 cents per $100.
• Englishtown’s FRHSD tax rate will be 39.46 cents per $100 of assessed valuation ($1,315 in FRHSD taxes on a home assessed at the borough average of $333,163). The tax rate in 2011-12 was 30.03 cents per $100.
• Farmingdale’s FRHSD tax rate will be 35.42 cents per $100 of assessed valuation ($1,122 in FRHSD taxes on a home assessed at the borough average of $316,761). The tax rate in 2011-12 was 36.31 cents per $100.
• Freehold Borough’s FRHSD tax rate will be 34.38 cents per $100 of assessed valuation ($892 in FRHSD taxes on a home assessed at the borough average of $259,415). The tax rate in 2011-12 was 38.08 cents per $100.
• Freehold Township’s FRHSD tax rate will be 41.52 cents per $100 of assessed valuation ($1,660 in FRHSD taxes on a home assessed at the township average of $399,917). The tax rate in 2011-12 was 40.32 cents per $100.
• Howell’s FRHSD tax rate will be 47.82 cents per $100 of assessed valuation ($1,319 in FRHSD taxes on a home assessed at the township average of $275,877). The tax rate in 2011-12 was 47.55 cents per $100.
• Manalapan’s FRHSD tax rate will be 42.02 cents per $100 of assessed valuation ($1,592 in FRHSD taxes on a home assessed at the township average of $378,778). The tax rate in 2011-12 was 42.06 cents per $100.
• Marlboro’s FRHSD tax rate will be 40.32 cents per $100 of assessed valuation ($1,937 in FRHSD taxes on a home assessed at the township average of $480,399). The tax rate in 2011-12 was 39.48 cents per $100.


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