Hudson County SBA Hybrid Meeting: Demystifying District Budgets: Navigating Compliance

Event Overview: School finance is one of the most critical responsibilities of a Board of Education. As districts face evolving funding models and strict regulatory frameworks, board members must understand how to maintain fiscal stability without compromising student outcomes. This dynamic session brings together administrative leadership expertise to break down the complexities of district fiscal management. Featuring Dr. Anthony Dragona, a renowned School Business Administrator and Qualified Purchasing Agent from the Union City School District, this presentation will combine operational insights with practical oversight strategies to give board members a clear roadmap for long-term financial health. What We Will Cover: Attendees will explore key structural pillars of school finance and governance, including: Financial Compliance & Mandates: Understanding the strict legal and regulatory compliance frameworks that guide local district spending and auditing processes. Navigating Funding & Revenue Streams: Managing the complexities and uncertainties of state aid, local tax levies, and external funding sources to build a resilient budget. Strategic Resource Allocation: Balancing fiscal constraints with educational priorities to ensure that resource distribution directly supports student achievement and wellness. Board Governance & Oversight: Identifying the distinct roles of the board and administration in monitoring fiscal health, optimizing procurement, and protecting the taxpayer investment. Featured Speaker: Dr. Anthony Dragona, School Business Administrator / QPA, Union City School District