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    Financial Aspects of Educational Planning

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    Nichol Kim
    This document discusses financial planning and budgeting for education. It outlines the key aspects of developing an educational budget, including determining goals and objectives, following phases of budgeting like operational planning and implementation, and adhering to budgeting principles such as being conservative and allowing plenty of time. It also describes different budget designs like line-item and performance budgeting. Finally, it provides an overview of the budgeting process at the Department of Education in the Philippines.

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    Financial Aspects of Educational Planning

    Uploaded by

    Nichol Kim
    74 views24 pages
    This document discusses financial planning and budgeting for education. It outlines the key aspects of developing an educational budget, including determining goals and objectives, following phases of budgeting like operational planning and implementation, and adhering to budgeting principles such as being conservative and allowing plenty of time. It also describes different budget designs like line-item and performance budgeting. Finally, it provides an overview of the budgeting process at the Department of Education in the Philippines.

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    This document discusses financial planning and budgeting for education. It outlines the key aspects of developing an educational budget, including determining goals and objectives, following phases of budgeting like operational planning and implementation, and adhering to budgeting principles such as being conservative and allowing plenty of time. It also describes different budget designs like line-item and performance budgeting. Finally, it provides an overview of the budgeting process at the Department of Education in the Philippines.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    74 views24 pages

    Financial Aspects of Educational Planning

    Uploaded by

    Nichol Kim
    This document discusses financial planning and budgeting for education. It outlines the key aspects of developing an educational budget, including determining goals and objectives, following phases of budgeting like operational planning and implementation, and adhering to budgeting principles such as being conservative and allowing plenty of time. It also describes different budget designs like line-item and performance budgeting. Finally, it provides an overview of the budgeting process at the Department of Education in the Philippines.

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    You are on page 1of 24

    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
    -
    O operational cost-time framework

    O implementation of authority

    O control 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 off


    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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