Princeton names new school business administrator

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After months of searching, the Princeton Public Schools Board of Education has appointed Matthew Bouldin as the new Business Administrator/Board Secretary.

Bouldin replaces Stephanie Kennedy, who retired as the Princeton Public Schools Business Administrator/Board Secretary earlier this year. Thomas Venanzi, who retired from the same post in the Montgomery Township Public School District, had been filling in as the interim Business Administrator.

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Bouldin, who will start his new duties on Aug. 27, is the Business Administrator for the Hoboken Public Schools. He will earn $173,000 in his new position in the Princeton school district.

Bouldin is a certified public accountant who earned a bachelor’s degree in economics from the State University of New York at Albany. He also received a master’s degree in business administration from Rutgers Graduate School of Management.

The Montgomery Township resident began his career as an auditor with global accounting and investment firms before making a career change. He is a former assistant business administrator in the Hillsborough Township Public School District, and also worked in the Bayonne Public School District.

In his new position, Bouldin will oversee the Business Office, the Facilities Department, transportation and food services.

Superintendent Steve Cochrane is pleased with the decision to hire Bouldin, who has “extensive experience.”

Bouldin has closed significant budget gaps, worked collaboratively on contract negotiations, and provided oversight of all aspects of the Business Office – from purchasing to payroll, Cochrane said.

“Most importantly, Matt has demonstrated his ability to find creative, cost-effective ways to support teaching and learning,” Cochrane said.

“We look forward to his approach and perspective as we continue to provide an outstanding education in the face of growing enrollments and fiscal constraints,” Cochrane said.

Bouldin is joining the Princeton Public Schools just as it is embarking on renovations and improvements contained in a $26.9 million bond referendum.

At the same time, school district officials also wrangled with a budget for 2019-2020 that required closing a $2 million budget gap between revenue and expenses.

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