financialstakeholders-140809104517-phpapp02 [Autosaved].pptx

finance

1. Scope It covers the basic framework of stakeholders in public and private elementary, secondary, colleges, universities, Philippine setting. It shows the financial capacity of stakeholders as a member of the school.

2. Legal Basis for School Stakeholders and Funding REPUBLIC ACT NO. 10533 AN ACT ENHANCING THE PHILIPPINE BASIC EDUCATION SYSTEM BY STRENGTHENING ITS CURRICULUM AND INCREASING THE NUMBER OF YEARS FOR BASIC EDUCATION, APPROPRIATING FUNDS THEREFOR AND FOR OTHER PURPOSES. http://www.gov.ph/2013/05/15/republic-act-no-10533/

3. Legal Basis for School Stakeholders and Funding SEC. 2.  Declaration of Policy.    The State shall establish, maintain and support a complete, adequate, and integrated system of education relevant to the needs of the people, the country and society-at-large. http://www.gov.ph/2013/05/15/republic-act-no-10533/

4. Legal Basis for School Stakeholders and Funding SEC. 5.  Curriculum Development. To achieve an effective enhanced basic education curriculum, the DepED shall undertake consultations with other national government agencies and other stakeholders including, but not limited to, the Department of Labor and Employment (DOLE), the Professional Regulation Commission (PRC), the private and public schools associations, the national student organizations, the national teacher organizations, the parents-teachers associations and the chambers of commerce on matters affecting the concerned stakeholders. http://www.gov.ph/2013/05/15/republic-act-no-10533/

5. Legal Basis for School Stakeholders and Funding SEC. 11.  Appropriations.    The Secretary of Education shall include in the Department’s program the operationalization of the enhanced basic education program, the initial funding of which shall be charged against the current appropriations of the DepED . Thereafter, the amount necessary for the continued implementation of the enhanced basic education program shall be included in the annual General Appropriations Act. http://www.gov.ph/2013/05/15/republic-act-no-10533/

6. Legal Basis for School Stakeholders and Funding Revised Guidelines Governing Parent Teachers Associations PTA at the School Level DepED Order #54 s. 2009

7. Stakeholder The definition of a stakeholder is a person or group of person who has an interest in or investment in something and who is impacted by and cares about how it turns out. Webster's New World College Dictionary Copyright © 2010

8. 8 Major Stakeholders in Education and Funding Capabilities Community and Society OFW’s Parents and Students Civic, Social, and Cultural Organization

9. 8 Major Stakeholders in Education and Funding Capabilities Alumni Business Industry National Government and Regulatory Agencies World Community

10. Community and Society Community in the Philippines is run by a National Government and the Local Government Unit which is covey into region, provinces, cities, municipalities, and barangays . This community is networked into a more complex relationship called society buy joined in one vested interest , the development of our education sector

11. Community and Society Number of Region Number of Provinces Number of Cities Number of Municipalities Number of Barangays 16 80 140 1,494 4,2026 Total Population ( as of May 1, 2010: 92,335,113) Source: National Statistics Office (NSO) http://www.census.gov.ph/content/2010-census-population-and-housing-reveals-philippine-population-9234-million

12. Community and Society Financial Capabilities-Income Results of the last FIES- Family Income and Expenditure Survey conducted in 2009 showed that, at current prices, each family earned an annual average of Php 206,000 during the year.  Families in the bottom 30 percent (poor families) had annual incomes averaging Php 62,000, while families in the upper 70 percent (non-poor families) earned around Php 268,000 each. 

13. Community and Society Financial Capabilities-Expenditures Average annual expenditures of each family in the country, at current prices, amounted to Php 176,000.  On the average, families in the bottom 30 percent spent Php 64,000 in 2009, while families in the upper 70 percent spent about Php224,000 during the same year.  Food expenditure gets the largest slice of the incomes in both poor (59.9 percent) and non-poor families (40.5 percent). http://www.nscb.gov.ph/pressreleases/2012/PR-201207_PP1_08_fies.asp

14. Community and Society -as stakeholders in education Community of all age levels must involve in the growth and development of education. The higher the literacy level, educational profile, and skill of the citizen, the better it will discharge its respective roles in the society. This brings about solidarity in society and political stability .

15. OFWs & Filipino Immigrants Overseas Filipino Workers or OFWs are Filipinos working abroad that are expected to return permanently either upon the expiration of a work contract or upon retirement. Filipino immigrants usually have dual citizenship or entirely change their citizenship in able to live in the country they wish to stay.

16. Overview Of Philippine Migration Total: 9,452,984 http://financialeducationsummit.org/2012/presentations/day2-Imelda_Nicolas.pdf Delivered by: Secretary Imelda M. Nicolas Chairperson, Commission on Filipinos Overseas (CFO) Office of the President of the Philippines

17. OFW Remittance BSP Governor Amando M. Tetangco Jr. , the projected OFW remittance is $22.5 billion for 2013. http://www.philstar.com/business

18. Consumer Expectation Survey (CES) http://www.rappler.com/business/economy-watch/31494-remittances-go-to-food,-education,-health-survey Out of 525 Household receiving remittances polled by BSP MEDICAL EXPENSES (59.6%) EDUCATION 69.4% REMITTANCE DEBT PAYMENTS (46.4%) SAVINGS (44%) PURCHASE OF DURABLES (33.9%) HOUSING (46.4%) PURCHASEOF CARS, MOTORS (10.5%) INVESTMENTS (6.8%) FOOD (97.2%)

19. Parents and Students Cotton, K., & Wikelund , K. R. (2001). Parent involvement in education. Retrieved June 18, 2008, from  http://www.nwrel.orglcomm/resources.html Parents play key roles as educational stakeholders. Parents' primary objective is the assurance that their children will receive a quality education, which will enable the children to lead productive rewarding lives as adults in a global society (Cotton and Wikelund , 2001).  Parents are very important stakeholders to the educational decision making process. As suggested by Essex (2005), many parents' decisions on educational issues are significantly influenced by their values and beliefs rather than school law

20. Parents and Students Short, P. M. and Greer, J. T. (2002). Leadership in empowered schools: Themes from innovative efforts. Upper Saddle River, NJ: Pearson Education. Although the student's primary role is that of a recipient, students should be encouraged to exercise their decision-making role in the education process. By giving aid to the decision-making process students become an integral part of a successful institution. Empowering students with shared decision making increases their choices and responsibilities for their own learning (Short and Greer, 2002).

21. Parents and Students The public schools is subsidized by national government as provided on RA #9155 -Governance of Education Act 2001,RA #6655 (May 25, 1988) Free Public Secondary Act of 1988, however the government support is inadequate the parents is willing to provide additional support through GPTA and HomeroomPTA on a voluntary basis.

22. Civic, Social , and Cultural Organization The non-profit civic , social and cultural organizations are interested in education recognizing and fully convinced of the role of education in development, they funded the educational institution by sponsorship and granting scholarship.

23. Civic, Social , and Cultural Organization

24. Alumni Alumni are interested on the continues support to their alma mater. Pride and sentiments usually result to demonstrate love on their institution. Alumni are an institution's most loyal supporters. Alumni are fundraising prospects. Alumni are great role models for current students and are often well placed to offer practical support to students as they start their careers. Your alumni are your international ambassadors. They take their knowledge of your institution to their hometowns and countries and into their professional and social networks.

25. Business and Industry Final results of the 2010 Annual Survey of Philippine Business and Industry (ASPBI) conducted nationwide covered a total of 9,949 establishments engaged in private education. As shown in Figure 1, higher education garnered the highest number of establishments at 2,583 (26.0%). Secondary/high school education followed next with 2,547 (25.6%) while the least number of establishments were recorded in other education services with 1,082 (10.9%). http://www.census.gov.ph/content/2010-annual-survey-philippine-business-and-industry-aspbi-private-education-final-results

26. Business and Industry http://www.census.gov.ph/content/2010-annual-survey-philippine-business-and-industry-aspbi-private-education-final-results

27. National Government and Regulatory Agencies 10 Point Education Agenda The move to the K-12 policy comes as part of the  10 Point Education Agenda  which was set out by the current government administration. The K-12 Basic Education Program , universal kindergarten and instruction in mother-tongue languages are but three of the ten points Aquino’s administration want to implement in order to improve the overall quality of education in Filipino schools. http://monitor.icef.com/2013/08/philippines-creates-opportunities-in-overhaul-of-k-12-education-system/

28. National Government and Regulatory Agencies The other seven points include: Establish the Madaris Education as a sub-system in the current education system; Make every child a reader by Grade 1; Improve science and mathematics; Expand government assistance to private education; Better textbooks; Build more schools in cooperation with local government units (LGUs); Re-introduce technical and vocational education in public high schools. http://monitor.icef.com/2013/08/philippines-creates-opportunities-in-overhaul-of-k-12-education-system/

29. National Government and Regulatory Agencies 2013 National Budget P1.816 trillion.  Summary Of Allocation http://budgetngbayan.com/summary-of-allocations/

30. National Government and Regulatory Agencies Top 3 Agencies in terms of Budget Allocation   http://budgetngbayan.com/summary-of-allocations/

31. World Community Many foreign countries are thankful of the availability of highly qualified manpower resources from Philippines. Here are the list of top 10 countries where Filipino choose to work. http://budgetngbayan.com/summary-of-allocations/ Country No. of Overseas Filipinos United States 3,416,840 Saudi Arabia 1,159,003 Malaysia 900,000 UAE 700,000 Canada 436,190 Japan 350,972 Australia 336,140 Qatar 263,980 Italy 259,508 United Kingdom 200,987

32. World Community It is not only various countries that employs the Filipino, different International Organization like:

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