SCHOOL FINANCING AND BUSINESS ADMINISTRATION(CHRISTINE JOY R. TAHAD).pptx

school administration

1. School Financing and Business Administration

2. School financing refers to the allocation of financial resources to support educational institutions and programs. It encompasses various aspects, including funding sources, budget allocation, and expenditure management.

3. The State Responsibility for the Support of Education The welfare of the state depends largely upon the education of its citizens. Our leaders and framers of the Constitution who have realized the importance of education saw to it that the Magna Carta contain a provision that the state should establish and maintain a complete and adequate system of education and provide at least a primary education for all children of school age. Congress has consistently given approximately onethird of the entire budget of the country to education.

4. SCHOOL FUNDS The school budget is one of the most powerful tools to promote and strengthen the school based management and accountability. This is why apart from curricular reforms and capacity building programs, the Department of Education (DepEd) continues to make more resources available to schools to support them in enabling students to perform better.

5. Sources of School Funds 1. Central government 2. Parents 3. Community groups 4. School facilities 5. Pupils 6. Fund raising

6. School financing and business administration in the context of educational institutions in the Philippines. The financing of education in the Philippines involves various stakeholders, including the national government, local government units (LGUs), and private entities. These funds are essential for maintaining and improving the quality of education.

7. Sources of Funding National Government : The  General Appropriations Act (GAA)  allocates resources for education. The  Department of Education (DepEd)  receives subsidies to support teacher salaries, infrastructure development, and operational expenses. Local Government Units (LGUs) : LGUs contribute through the  Special Education Fund (SEF) , collected from real property taxes.

8. Private Donations and Grants : Individuals, organizations, and corporations donate funds to schools, supporting scholarships and infrastructure projects. Fundraising Activities : Schools organize events to generate additional revenue. Income-Generating Projects : Schools engage in activities like renting out facilities or operating canteens. Student Enrollment : Increasing enrollment directly impacts school revenues.

9. Business Administration in Schools: (school management) Financial Management : Effective financial management is crucial. School administrators must budget wisely, allocate resources efficiently, and ensure transparency. Budgeting: Administrators must create and manage budgets, allocating resources wisely. This includes balancing operational costs, salaries, infrastructure maintenance, and educational programs. Schools often organize fundraising events to generate additional revenue. Strategic financial planning ensures these funds are used effectively.

10. Human Resources: Managing staff, faculty, and support personnel is essential. Recruitment, training, and performance evaluation fall under business administration. Administrators oversee hiring, training, and evaluating faculty and support staff. Ensuring a skilled and motivated workforce is essential. Infrastructure and Facilities : Administrators oversee maintenance, expansion, and improvement of school facilities. Administrators manage school facilities, ensuring they are safe, functional, and conducive to learning. Planning and executing infrastructure improvements require effective administration.

11. Marketing and Enrollment: Attracting students and maintaining enrollment requires strategic marketing efforts. Effective marketing strategies help schools stand out. Highlighting unique programs, achievements, and a positive learning environment can attract students. Business administration principles guide efforts to retain enrolled students.

12. Strategic Planning : Business administration principles guide long-term planning and decision-making. Business administration principles inform strategic planning. Schools set goals, assess risks, and adapt to changing educational landscapes. Community Engagement : Building relationships with parents, alumni, and local communities contributes to school success. Parents and Alumni : Building strong relationships with parents, alumni, and local communities fosters support and collaboration.

13. Effective business administration practices are vital for managing school finances, operations, and growth. By combining financial acumen with educational goals, schools can thrive and provide quality education to students. E ffective business administration ensures financial stability, operational efficiency, and a positive educational experience for students and staff. 

14. THANK YOU