HOME NEWS & ALERTS E-GOV AROUND TOWN DEPARTMENT DIRECTORY TOWNHALL TOWNSHIP COMMITTEE GALLERY CALENDAR RECREATION QUICK LINKS HEALTH Budget & Financials Tax Bill Distribution Annual Financial Statement Annual Debt Statement Nov 24, 2021 home » E-gov » Budget & Financials BUDGET & FINANCIALS The Municipal budget constitutes the legal authorization to levy taxes and spend public funds.Municipal Budgets control the financial operations and also reflect policy decisions of the governing body. Local government manages its operations by conforming to the revenue and appropriations budget for that year. Budget User Friendly Budget Audit 2021 Budget Adopted 2021 User Friendly 2021 Budget Introduced 2020 Budget Adopted 2020 User Friendly 2020 Audit 2020 Budget Introduced 2019 Budget Adopted 2019 User Friendly 2019 Audit 2019 Budget Introduced 2018 Budget Adopted 2018 User Friendly 2018 Audit 2018 Budget Introduced 2017 Budget Adopted 2017 User Friendly 2017 Audit 2016 Budget Adopted 2016 User Friendly 2016 Audit 2015 Budget 2015 User Friendly 2015 Audit 2014 Budget 2014 Audit 2013 Budget 2013 Audit 2012 Budget 2012 Audit General Revenues Comprises various anticipated receipts including: • State taxes and grants • Local fees, permits and fines • Interest earned • Fund balance • Delinquent taxes and the amount to be raised for local tax purposes 2021 Freehold General Revenues Surplus Anticipated $7,552,950 Local Revenues, UCC & Other Special Items $2,886,519 State Aid: Without Offsetting Appropriations $7,436,315 Interlocal Service Agreements & State and Federal Grants $1,197,536 Receipts Delinquent Taxes $925,000 Taxes for Support of Municipal Budget $23,032,983 Total General Revenues $43,031,303 General Appropriations Reflects the line item expenses to meet the operations of local government. • Must be prudent but reflect the needs of the community. • Requires a well thought out current and long-range process to allow for adequate budgeting expenditures to provide the desired services, maintenance of infastructure and future planning. • Municipal government is regulated and contained by a spending cap that limits the amount of increase over prior year's appropriations. 2021 Freehold General Appropriations Total General Appropriations within "CAPS" $33,245,852 Other Operations - Excluded from "CAPS" $34,252 Shared Service Agreements $1,326,733 Public and Private Programs $321,182 Capital Improvements $400,000 Municipal Debt Service $4,738,099 Reserve for Uncollected Taxes & BPPT BOEs $2,965,185 Total General Appropriations $43,031,303 One Municipal Plaza · Freehold, NJ 07728 · 732.294.2000 · Contact Us Site Map Terms of Use Privacy Policy ©2021 Freehold Township New Jersey Site Design · Andiamo Creative Company