The Models That Can Help With Revenue Amongst Schools

When you get to the issue of budgets there is really two parts to them. The general budget which is what the school district per say pays towards coaches salaries, transportation, and event workers. Coaches salaries are normally $120,000, transportation would be $50,000, and event workers can be around $5,000 - $10,000. Then the other part of the budget is the sports income, which is money from booster clubs, participation from other schools, and admissions, and it comes to roughly $120,000. Which goes out to uniforms, the athletic trainer, equipment and our participation at other school events. (Ross)

Consider each of the local sources of income that support school districts. What are the advantages and disadvantages of each in relation to equity, yield, and taxpayer acceptance?

Funding for Oklahoma schools has fallen dramatically in recent years, with Oklahoma spending $706 less per student in inflation-adjusted dollars that it did in 2008, and Oklahomans are worried about it, and rightly so (Gene, 1). In looking toward a quick-fix, many have argued that Oklahoma need only reduce its administrative costs, thus

Each aspect plays a role, as financial management as a whole impacts the health care organization in a significant way. An example (that ties to evidence) of a primary component is the model analysis of the insurance system that affects the health budgeting spending on a statewide level. Further elaborating, the insurance system affects the input and output of the external categorization of the practical approach for a health care organization to utilize their primary care towards patients. Thus, as a result the aspects shift according to model process. Additionally, one’s perspective plays an important role in influencing decision-making in regards to financial management for healthcare. This is because the individual plays a primary role in the performance and internal indicators of the direction of the organizational mission; thus their output affects the organization’s advancement.

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

The online article best value schools provide a view from a schools stance by informing the reader on issues schools face. The author points out the common issues. The more students the more money needed to support them and if a school wants to make money it will take as many as it can get (unknown). The schools also rely on government funding to help defray some of the

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).

views of costs and the labor hours this can help create an appropriate budget and validate that the

The topic I chose to focus on was the affects it has on the revenue cycle of Hospitals. According to the Departments of Health

Revenue determination is an important tool for health care organizations because it allows for efficient management of payment systems. This paper will look at the different components that form the payment-determination bases of revenue determination. Moreover, the difference between specific and bundled service payments will be discussed. Lastly, the three ways health care providers control their revenue function will be highlighted.

Another factor that I would use to help guide the budget decisions is by determining if the district has enough staff to meet the

Tax revenue is the source of funding for public education. Taxes can be progressive or regressive, depending on its impact on the taxpayer. A progressive tax is one in which the tax rate increases as income does. The federal income tax structure is an example of a progressive tax. A Regressive tax is one in which the tax rate is uniform and therefore, the regressive tax takes a larger percentage of available funds from lower-income individuals than from higher-income individuals. Sales tax is an example of a regressive tax.

The Accounting for Management Decision Making class has provided several concepts that have improved my ability to make decisions for my organization, a large hospital. I now have an understanding of methods to determine if a capital project is possible such as discounted cash flow, net present value, accounting rate of return, payback and internal rate of return. This course also helped me increase my knowledge of strategic planning, forecasting and budgeting. Additionally, I learned to calculate standard versus actual costs as well as opportunity cost.

By freeing up payroll dollars I would hire an experienced accountant that would provide better projections based on more accurate data. I feel an experienced accountant that had worked in the food service industry would have been able to advise them that they did not need to budget on a yearly sales forecast that was divided by 52 weeks in the year. This shows poor budgeting skills because they are trying to obtain a heavy student mix and the students are not in the area for the entire year.

Smaller schools offer a more personal experience than bigger schools.“Smaller schools offer a more one-on-one experience between teachers and students” (Size matters: The difference between big and small schools). The system has about 13-15 kids in each class.” This allows about 400 kids in the whole school” says Bruce O Baker.This allows the students to be singled out if they are struggling. The teacher can also focus on each individual student for a longer amount of time because the teacher won't have 30 kids talking all at once and not being able to get to everyone that has questions. This will allow the students to understand the material. The teachers can also teach better, in theory, because there won't be as many distractions in the