Essay On School Budget

As the newly promoted director of student achievement for Washington, D.C Public Schools, I am fully committed to the expansion of current program offerings as well as the creation of additional programs. To achieve this, I will make use of the principles learned in my graduate budgeting course to assess the current financial situation, plan the department’s future direction, create and implement the new annual budget, and lastly, evaluate the success of the programs and the budget in preparation of repeating these steps.

To distribute and account for all of the student aid dollars given to students each year and to do this accurately (over 6200 schools)

School funding is a mix of different funding sources like federal, state, and local. About ninety percent of funding for education comes from state and local community. K-12 education has failed to keep up with high enrollment. Schools must spend to counter effects of poverty while many European countries alleviate these conditions through government spending. Currently more than forty percent of low income school get an extremely unfair share of state and local funds. Low income school are receiving inadequate funds for their school, whereas other schools in the United States are unfairly distributing their state and local funds. That is unfair to the low income schools because those schools really need the money for school books, field trips, etc. Funding for public schools has been quite unequal for years, but even though Americans are fully aware of this issue no one does anything to solve it. Researchers are trying to show them both sides of this unequal funding issue in public schools in order to help balance the distribution of educational funding.

The Tamalpais Union High School District (TUHSD) is one of those districts that have seen fallen property values in Marin, dysfunctional, and fiscal chaos in Sacramento. As a result of the severe economic downturn and the devastating cuts to education from the state of California, the TUHSD needs to reduce operating cost by 20% within five years to have a balanced budget for the 2014-2015 school year. THUSD annual budget is $55 million dollars. Operations is half that, or $27.5 million. The cost reduction goal is 20% within the operating budget lower than that provided in 2009-2010, which equates to a $5.5 million dollar reduction to balance the budget for 2014-2015 school year. The following recommendations

There is an abundance of importance in the public school system. Most successful careers start with elementary, middle and high school education. So it is safe to say it is vital to maintain a major funding for all public school’s systems across the country. Of course funding isn’t the only broken piece of a perfect school system because not every school is in an appropriate environment. There are many factors that follow what type of funding each school gets and also how much. Many schools are placed in low income or areas in poverty, this causes students to have harder learning environments. The question is what would be a strategy to fix the gap in public school funding and where and how do you spend it? This could be solved by smart public school allocation, better pay structure for

This research paper is a brief discussion of budget management analysis. Budgeting is the key to financial management, and is the key to translates an organization goals or plan into money. Budgeting is a rough estimate of how much a company will need to get their work done, and provides the basis for evaluating performance, a source of motivation, coordinating business activities, a tool for management communication and instructions to employees. Without a budget an organization would be like a driver, driving blinded without instructions or any sense of direction, that’s how important a budget is to every organization and individual likewise (Clark, 2005).

The government needs to take more caution creating the federal budget. Edwards stated that “Consider Canada's experience. In the mid-1990s, the federal government faced a debt crisis caused by overspending, which is similar to America's current situation. But the Canadian government reversed course and slashed spending from 23 percent of GDP in 1993, to 17 percent by 2000, to just 15 percent today. The Canadian economy did not sink into a recession from the cuts as Keynesians would have expected but instead grew strongly during the 1990s and 2000s."

The federal budget is known as the notorious economic tank from which money is distributed to various programs. The money used every fiscal year, which begins October 1st and ends September 30th the next year, belongs to the people. The government raises this money through taxes and they spend it on national defense, Medicare, and social security. The federal budget is an exercise in making choices, and those options will certainly affect individuals living in the U.S. These choices cause debt to pile up on the government, who is struggling to make it disappear. The deficit and debt of a government gauges how well it is being run and how well it has been run in the past. According to The Economist the national debt is the total

The federal budget is known as the infamous monetary tank from which money is distributed to various programs. Why does the federal budget plan cause such uproar of approval or disapproval when it is proposed by the President every February? The money utilized every fiscal year, which runs from October 1st of each year until the end of September of the following year, belongs to the people. The money is raised through income taxes, excise taxes (taxes on goods) and social insurance payroll taxes. Presently, the public is worried about how they will receive a fair share of money appropriations in such a slow economy. The federal deficit has returned, which means that the government’s spending

A company's budget serves as a guideline in planning and committing costs in order to meet tactical and strategic goals. Tactical goals such as providing budgetary costs for daily operations, and strategic objectives that include R&D, production, marketing, and distribution are all part of the budgeting process. Serving as a guideline rather than being set in stone, the budget is a snapshot of manager's "best thinking at the time it is prepared." (Marshall, 2003, p.496) The budget is a method in which to reign-in discretionary spending, and will likely show variances between what costs have been anticipated and what costs are actually incurred.

In the United States, public schools get their funding from their respective state. As a student, it can be seen as concerning when one compares how much states spend on their schools. Many schools are inadequate in both an aspect of safety and effectiveness of the learning environment. As a result of inadequate subsidy across America, schools resort to taking drastic measures. Not only are the unequal sources of subsidy a difficulty, but the concept and execution of budget cuts also exacerbate the issue. In order to give every student in America equal opportunities for success, funding should be controlled by the federal government with a policy that enforces equity rather than equality. This is also a viable option that could be carried

Personal Budget Exercise – Excel Creating a spreadsheet track personal business expenses is an excellent use of Microsoft Excel. For this exercise, you will create a spreadsheet to enter a personal budget and track actual expenses for the year. You may choose to use real data or create a fictitious budget using a monthly income amount of $2,500. Here are suggested budget categories if you are not using a real budget. At a minimum, you must have 9 budget categories: Housing (mortgage or rent) Utilities Car payment Insurance Student Loans Food Misc. Entertainment Gas Savings

Budgeting is the systematic method of allocating financial, physical, and human resources to achieve an organization’s strategic goals. Budgets are utilized by for-profit and non-profit organizations to monitor the progress towards the goals, assist in the control of spending, and help predict cash flow for the organization.

Education is the most important possession a person must have. It is the keys to success, wealth, and knowledge. It is the only possession that cannot be taken away from a person and it will open up the windows of opportunities. Education will help us grow as an individual, have better understanding of life, and give us a financial stability; but what happens when education get cuts down. By making budget cuts to education, is this helping out education or letting it down. In the news article, “Highlights Impact of Budget Cuts to Education” by State School Chief Jack O’Connell, his claim is that governor should not cuts down education budget, but instead protect education and invest it in the future.

Iowa is very unique when it comes to school finance. We use the single count date for the purpose of funding the state’s school districts. This is a count of the number of students in attendance on October 1st. This is when the federal government requires a count of the number of students eligible for the free and reduced price lunch program for purposes of Title I funding. An advantage to using the single count date is that it is reasonably easy and it also helps to cut down on administrative costs. There are many disadvantages to using this system. The single count date does not give districts any type of financial incentives for holding onto