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Financial Aspects of Educational Planning

Budgeting plays a vital role in educational planning by allocating resources to achieve predetermined school objectives. The budgeting process involves identifying programs, projects, activities and resources needed, then presenting a budget that allocates resources according to guidelines. An approved budget serves as a guide for action and ensures resources are used as planned to achieve educational goals. Budgeting helps make decisions and weigh values, facilitating proper administration of school resources and systematic evaluation of education services.

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249 views

Financial Aspects of Educational Planning

Budgeting plays a vital role in educational planning by allocating resources to achieve predetermined school objectives. The budgeting process involves identifying programs, projects, activities and resources needed, then presenting a budget that allocates resources according to guidelines. An approved budget serves as a guide for action and ensures resources are used as planned to achieve educational goals. Budgeting helps make decisions and weigh values, facilitating proper administration of school resources and systematic evaluation of education services.

Uploaded by

Cry Bero
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
Budgeting: Its Implication to Educational
Planning
Budgeting: Its Implication to
Educational Planning
•Concept

•Feature

•Importance

2
Definition and
Functions
Budgeting is the process of creating a plan to spend your
money

 it plays a vital role in educational planning

it allocates resources to achieve school’s


predetermined objectives

3
Steps on budgeting
process
Phase I. Identification of programs, projects and activities
to be implemented during the budget period.

Phase II. Identification of resources.

Phase III. It allocates resources to achieve school’s


predetermined objectives.

4
Steps on budgeting
process
Phase IV. Presentation of the budget in accordance with
the guidelines issued.

Phase V. Securing official authorization to allocate and


use resources.

5
Its importance
 Helps weigh values and make decision when
necessary

 Serves as guide for action in the organization

 It ensures that actions are carried out according to a


budget plan

6
REMEMBER
 Budgeting has great implication to educational
planning for it facilitates proper administration of
school resources to achieve educational objectives.
 It also facilitates a systematic plan for evaluating
the quality and quantity of services needed in
school.

7
Prepared by:

Claire Ku Y. Librando
[email protected]
09999887651

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