Whether you’re a new board member or a seasoned veteran, there are always new leadership skills to explore. NJSBA offers training opportunities to help you reach your full potential as a board member.
Sound school budgeting and finance is crucial to the smooth operations of your district.
School Budget and Finances
It is often said that the annual school budget is the financial expression of your district’s educational goals and aspirations. It also reflects the district’s financial resources and how they will be utilized, is a plan for controlling the level and type of spending in your schools during the year and is a consensus document that reflects the input of your administration, board and community.
A comprehensive understanding of school finance and the budget process empowers board of education members to make informed, strategic decisions that support the educational mission of the district while ensuring fiscal responsibility.
School Finance
Below are some of the resources that NJSBA has developed to help board members better understand school finance and budgets.
The ratings agency S&P Global Ratings has raised the bond rating of Newark Public Schools from BBB+ to A-.
12/17/2024
Topics: School Budget and Finances
NJDOE Invites the Public to Comment on the State’s School Funding Law
The New Jersey Department of Education invites educators and other members of the public to comment on the state’s school funding law.
12/17/2024
Topics: School Budget and Finances
Shared Services Grant Applications Now Open for Fiscal Year 2025
LEAP provides financial assistance to local government entities – including school districts – to identify, study and implement shared services initiatives.