How Freehold Borough is run

Who runs Freehold Borough, what it costs, and where your money goes

The city manager, council pay, the budget, your property tax bill and who provides each service, from Freehold Borough's own public documents. Every number links to its source and says which year it describes. Checked Oct 11, 2026.

Who runs Freehold Borough

The elected mayor heads the city government and appoints its top administrator and department heads. The council passes laws, adopts the budget and sets the tax rate.

Borough of Freehold

What they are paid

Business Administrator Stephen J. Gallo: base payNot confirmed2026. We found no contract or document stating the Business Administrator's own pay. The 2026 salary ordinance sets the title's range at $138,856 to $208,096. Borough of Freehold · Jan 20, 2026
A council member$8,347 a year2026. Borough of Freehold · Jan 20, 2026
The mayor$10,076 a year2026. Maximum yearly pay for the mayor in the 2026 salary schedule of Ordinance #2026/2. The schedule sets no minimum. Borough of Freehold · Jan 20, 2026

Freehold Borough city staff

The introduced 2026 budget lists 79 full-time and 47 part-time employees, with $14.67M in total personnel costs. A salary ordinance sets pay ranges by title. We found no list of individual employee pay. We name pay only for elected officials and the city manager.

Is Freehold Borough in the red?

Cities must pass a balanced budget, so "profit" and "deficit" mean something different here. The useful questions: does the city's everyday money (the general fund) cover its everyday costs, how much does it keep in savings compared with its own target, and how big are its pension and debt bills.

General fund, 2026$21.6MOut of $29M across all city funds, which includes utilities and other money that can only be spent on one thing. Borough of Freehold · May 18, 2026
Savings grew, 2025 (audited)+$228,667General fund revenue $47.4M, spending $43.8M. Borough of Freehold · Aug 13, 2026

Savings against the city's own target

Unassigned general fund balance: $6.9M (2025-12-31). The city's own target: We found no written reserve target. New Jersey towns report a Current Fund balance (surplus) rather than an unassigned balance. Freehold's was $6.92M on December 31, 2025. The 2026 budget uses $3.55M of surplus as revenue. Borough of Freehold · Aug 13, 2026

Pension promises not yet funded$12.8MFreehold Borough's share of New Jersey's two state pension plans, measured June 30, 2025: $8.74M for the Police and Firemen's Retirement System (PFRS) and $4.09M for the Public Employees' Retirement System (PERS). The state carries another $1.77M of PFRS liability on the borough's behalf. (2025-06-30). State of New Jersey · Jan 1, 2026
Debt owed$28.8M$18.38M for general purposes, mostly $14.86M of bond anticipation notes plus $3.52M of bonds, and $10.43M for the water-sewer utility. 2025-12-31. Borough of Freehold · Aug 13, 2026

Why we skip the "budgeted deficit": many cities plan to dip into savings, then spend less than planned. The audited result tells you what really happened.

Where the money comes from and goes

The general fund only: the city's everyday money for 2026.

Comes from

  • Property tax for municipal purposes$13.1M · 61%
  • Fund balance (surplus) used$3.5M · 16%
  • Local revenues (fees, licenses and other local income)$2.2M · 10%
  • State aid$1.3M · 6%
  • Library tax$598,513 · 3%
  • Delinquent taxes$483,000 · 2%
  • Grants$352,023 · 2%

Borough of Freehold · May 18, 2026

Goes to (2026)

  • Other expenses (supplies, services, insurance, utilities, trash collection)$8.2M · 38%
  • Salaries and wages$6.8M · 32%
  • Capital and debt service$2.3M · 10%
  • Statutory charges (pensions, Social Security)$1.9M · 9%
  • Reserve for uncollected taxes$1.1M · 5%
  • Library$598,513 · 3%
  • Shared service agreements$458,639 · 2%
  • State and federal grants$389,523 · 2%

Borough of Freehold · May 18, 2026

Your property tax bill: who gets it

The borough's own levy, including the library, is about 38% of the total rate. Schools take about half and Monmouth County about a tenth.

38¢

of each property-tax dollar goes to the city of Freehold Borough

  • Freehold Borough (municipal purposes)0.74 · 37%
  • Freehold Borough public library0.031 · 2%
  • Freehold Borough School District (K-8)0.67 · 33%
  • Freehold Regional High School District0.367 · 18%
  • Monmouth County0.17 · 8%
  • Monmouth County open space0.026 · 1%
  • Total ($ per $100 of assessed value)2.004

2025 rates for a home in Freehold Borough (Monmouth County). Borough of Freehold · Apr 20, 2026

Who provides your services

Not everything in Freehold Borough is run by the city. Who provides a service decides whose budget pays for it and whose election decides it.

Compared with similar cities

The cities in this state closest in population that we cover. Read it for scale, not as a ranking: cities provide different services.

WallingtonNJFreeholdNJOaklandNJBound BrookNJ
Residents12,09212,56212,83713,038
Top administrator's base payNot confirmedNot confirmedNot confirmedNot confirmed
Council member payNot confirmed$8,347Not confirmedNot confirmed
General fund per resident$1,442$1,722$2,105$1,694
Debt per resident$1,292$2,293$2,286$2,040
Unfunded pension per resident$701$1,021$1,123$752
City staff per 1,000 residents————

Figures as shown in each city's section, divided by its population. Years differ by state, and pension figures are measured differently in each state (each city page says how).

What Freehold Borough publishes

What a resident can find online today. A "no" is something you can ask the council to publish.

Questions to ask your council

  1. The 2026 budget uses $3.55 million of surplus, while the audited Current Fund balance was $6.92 million on December 31, 2025. How long can the borough keep using surplus at this level?
  2. Freehold owed $28.81 million in bonds and notes at the end of 2025, much of it short-term bond anticipation notes. When will those notes be turned into long-term bonds, and at what interest cost?
  3. Freehold's share of state pension liabilities was $12.83 million at June 30, 2025. How will rising pension costs fit into future budgets?

See who is running for council

Help decide what comes next

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Every number here was checked by hand against the linked document. Cities publish on different schedules, so years differ between sections; each figure says which year it describes. Spotted something wrong or out of date?

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