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Educational Budgeting Essentials

This document discusses financial planning and budgeting in education. It identifies the key phases of budgeting as identification of programs/projects, identification of resources, costing of resources, and presentation and approval of the budget. It also outlines principles of budgeting such as being conservative, allowing plenty of time, and excellence in documentation. Finally, it discusses different budget designs like line-item budgeting, which focuses on specific expenses, and performance budgeting, which concentrates on outputs and outcomes of services.

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Nichol Kim
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122 views24 pages

Educational Budgeting Essentials

This document discusses financial planning and budgeting in education. It identifies the key phases of budgeting as identification of programs/projects, identification of resources, costing of resources, and presentation and approval of the budget. It also outlines principles of budgeting such as being conservative, allowing plenty of time, and excellence in documentation. Finally, it discusses different budget designs like line-item budgeting, which focuses on specific expenses, and performance budgeting, which concentrates on outputs and outcomes of services.

Uploaded by

Nichol Kim
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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FINANCIAL ASPECTS

OF EDUCATIONAL
PLANNING

Prepared by:
NICHOL KIM S.CAŇA
MEM Student
The car that is out of fuel
A car that has a fuel but has no driver
• manpower
• money
• machines
• materials
What is …

??
?
Oblue print that guides
the management of
scarce financial
resources (Obi,2004)
expenditures

goal/objective
PHASES OF
BUDGETING
PHASES OF BUDGETING
Identification of
programs/projects

Obtaining the Identification of


approval
- resources

Presentation of the Costing of


budget resources
Budgeting as instrument for:
Ooperational cost-time framework

Oimplementation of authority

Ocontrol and evaluate performance


PRINCIPLES OF BUDGETING
O Be conservative
O Teamwork and Consultation
O Allow plenty of time

O Excellence in Documentation

O Provide Training

O Get sign of
Lack of correlation between
educational plans and budgets
leads to…
BUDGET DESIGNS
OLine –Item
Budgeting
OPerformance Budgeting
LINE-ITEM BUDGETING
Refers to line items;
OTeacher salary
ORepairs
OConsumables and the like
PERFORMANCE BUDGETING

OConcentrates more on
the outputs or outcomes
of services
BUDGETING AT THE
DEPED
O “ DECENTRALIZATION”
OPLANNING SERVICE
and the FINANCIAL
MANAGEMENT
SERVICE
ODBM
ONEDA
DEPED BUDGET

DEPARTMENT OF BUDGET AND MANAGEMENT


THE NATIONAL BUDGET
PROCESS
BUDGET
AUTHORIZATION
BUDGET EXECUTION
BUDGET ACCOUNTABILITY
YOUR TIME IS WORTH
TO BE CHERISHED.
THANK YOU!

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