Tag Archives: Joseph Tramontana

A Case for Priority Driven Budgeting

Joseph Tramontana discusses the Priority Driven Budget Process This post discusses the value of a priority driven budget process. Most local governments use a budget known as incremental budgeting. This is where current year’s spending dictates the following years budget. In most cases the government’s budget process is based on previous year’s revenue. The incremental […]

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How to Increase Revenue in Schools

Joseph Tramontana is a widely published author is school finance Revenue is always a problem for school districts. There is just isn’t enough revenue to meet expenses. Most school districts rely on property taxes and state assistance. What they are finding is that property taxes are capped and state assistance is decreasing in many cases. […]

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Eleven Ways to Cure Writer’s Block by Joseph Tramontana

Joseph J Tramontana discusses ways to cure writer’s block Joseph Tramontana is the CFO for OnPoint Education You can cure writer’s block. The dreaded blank screen. No matter want you do you just can’t focus. As much as you try to write your brain is thinking of where you want to be next. Despite your […]

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School Budget Woes for Pennsylvania Schools by Joseph Tramontana

Joseph Tramontana is the CFO for OnPoint Education Mr. Tramontana discusses budget woes in Pennsylvania There are new school budget woes for Pennsylvania Schools this year. As this website has told you, revenue shortfalls cannot keep up with expenses. The troublesome areas are obvious. The state wants to provide relief property tax relief and the […]

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Three best practices to prevent Fraud by Joseph Tramontana

Joseph J Tramontana discusses how to prevent fraud Mr. Tramontana resides in Hamilton New Jersey This blog post by Joseph Tramontana discusses three best practices to prevent fraud in the Accounts Payable process. When a school district receives goods or services, they are purchasing the goods on credit. Preventing fraud and errors are essential to […]

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Three components of a blended learning program

Joseph Tramontana School Business Administrator Blended learning is a new educational concept that can have a positive impact on education. Blended learning takes place through traditional methods and in part through digital and online learning. Listed below are three essential components of a blended learning experience. Make a Shift To cultivate a blended learning environment, […]

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Fund Balance

The subject of Fund Balance seems to bring up a great deal of confusion. The topic is debated among school board members and at times by the parents. Sometimes Fund Balance is also called surplus and citizens want to know what we are doing with the surplus. Most times they want to know if the […]

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The Value of Budget Forecasting

Budget forecasting involves quantitatively projecting changes in future operations while analyzing the impact of trends and economic data. Current and historical data are used to estimate changes that may dramatically affect a school district’s ability to meet its goals. This is an important part of the planning process.Financial forecasting is important for several reasons. Forecasting […]

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What is the Statement of Net Position?

Joseph J Tramontana One basic financial statement is called the statement of net position. The statement of net position tells you what the district owns (Assets) and what the district owes (Liabilities). The information reflects the end of the fiscal year usually June 30th. The Private Sector produces a similar statement usually called a balance […]

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The Art of Motivation

Joseph J Tramontana This post deals with the art of motivation and dealing with an aspect of resistance. We all resist to some degree things that we should be doing or we know that need to get done. Didn’t you promise to go to the gym more this year? Didn’t you promise to spend more […]

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