Joseph Tramontana – A Citizen’s Guide to School Finance

Joseph Tramontana Joseph Tramontana resides in Hamilton NJ and has served as School Business Administrator and Human Resources Director for the Hamilton Township School District.

School Finance is one of those topics that rarely receive any recognition. For the educator and parent alike the topic can seem daunting. Who likes to discuss bond refinancing, fund accounting, tax levy caps or excess surplus? For citizens not practicing in the field, you may say why bother? Well, deep down you know how important the school budget is. Until recent legislation was passed, many districts had their school budgets voted on during the election process. This whole process pitted parents, who were pro-budget, against senior citizens who led an anti-tax revolt. How many parents and seniors actually knew what was in the budget, before taking such tough positions? Some districts still vote on their budgets, while others gladly moved the school election to November where it is no longer voted upon.

School Finance and School Budgeting are critical to the overall success of the academic program. In fact, I would argue that it’s the most critical piece. How can you fund quality academic programs, if you do not have the revenue to support them? How can you have the revenue to support the academics, if you are overspending in key areas? The truth is you can’t. This fact became even more apparent state aid reductions and government imposed property tax caps. The simple truth is, despite what your spending obligations are, school districts are limited in how much revenue they can raise. The fact is, similar to your household, expenses can go up each year and revenue does not keep pace.

So what is the purpose of a school finance blog for average citizens? Thankfully it is not necessary to know fund accounting or excess surplus. The revenue comes from local property taxes and State Government. It is also critical to look at expenses as well. Approximately 80% comes from employee salaries and benefits. So, we need to look creatively at reducing expenses, unrelated to education, and to increase revenue, correct? Can we use technology to deliver a far superior education at a much lower cost?
Yes, we can and that is where we start the process and where you can ask those questions to your local board and superintendent.

Joseph Tramontana Hamilton NJ has over 90,000 residents.

44 thoughts on “Joseph Tramontana – A Citizen’s Guide to School Finance

  1. Nice post. I was checking continuously this blog and I am impressed!

    Extremely helpful info specially the last part :) I care
    for such info much. I was looking for this
    particular info for a very long time. Thank you and good luck.

  2. Pingback: Leadership Skills critical for succsessA Citizen's Guide to School Finance

  3. Pingback: Student Centered Learning | A Citizen's Guide to School FinanceA Citizen's Guide to School Finance

  4. Pingback: Budget forecasting projecting and planning for the futureA Citizen's Guide to School Finance

  5. Pingback: Negotiations and HandshakesA Citizen's Guide to School Finance

  6. Pingback: Government Fund AccountingA Citizen's Guide to School Finance

  7. Pingback: School District's Financial ObligationsA Citizen's Guide to School Finance

  8. Pingback: Common CoreA Citizen's Guide to School Finance

  9. Pingback: Political Barriers to Change | A Citizen's Guide to School FinanceA Citizen's Guide to School Finance

  10. Pingback: Daily Rituals of Great ArtistsA Citizen's Guide to School Finance

  11. Pingback: Statement of Activities | A Citizen's Guide to School FinanceA Citizen's Guide to School Finance

  12. Pingback: Statement of Net Position | A Citizen's Guide to School FinanceA Citizen's Guide to School Finance

  13. Pingback: The Art of MotivationA Citizen's Guide to School Finance

  14. Pingback: Six Keys to ExcellenceA Citizen's Guide to School Finance

  15. Pingback: School District FinancesA Citizen's Guide to School Finance

  16. Pingback: Public Colleges and Declining Revenues | A Citizen's Guide to School FinanceA Citizen's Guide to School Finance

  17. Pingback: Employee Engagement for a happy workforceA Citizen's Guide to School Finance

  18. Pingback: The Power of Penmanship | A Citizen's Guide to School FinanceA Citizen's Guide to School Finance

  19. Pingback: The Value of a College DegreeA Citizen's Guide to School Finance

  20. Pingback: Facility Management IssuesA Citizen's Guide to School Finance

  21. Pingback: Organizational Change Management

  22. Pingback: School Budgets The Revenue Process Citizen's Guide to School Budgets

  23. Pingback: School Budget Expenses

  24. Pingback: Increase Revenue in School Districts

  25. Pingback: working in teams

  26. Pingback: Productive Meetings | Joseph Tramontana

  27. Pingback: Teacher Performance

  28. Pingback: Privatization in Schools | Joseph Tramontana

  29. Pingback: Per Unit Costs | Joseph Tramontana

  30. Pingback: Academic Return on Investment | Joseph Tramontana

  31. Pingback: Reading is Power | Joseph Tramontana

  32. Pingback: Technology to the Rescue | Joseph Tramontana

  33. Pingback: Teacher Quality

  34. Pingback: Professional Development | Joseph Tramontana

  35. Pingback: Hybrid Schools

  36. Pingback: Creative Revenue Sources | Joseph Tramontana

  37. Pingback: Differential Pay | Joseph Tramontana

  38. Pingback: Joseph Tramontana - Controlling Special Education Costs

  39. Pingback: Computer Labs | Joseph Tramontana

  40. Pingback: The Promise of Technology | Joseph Tramontana

  41. Pingback: Teacher Salaries | Joseph Tramontana

  42. Pingback: Education Costs | Joseph Tramontana

  43. Pingback: Sports and Academics | Joseph Tramontana

  44. Pingback: Professional Service Contracts Part One | Joseph Tramontana

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title="" rel=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>