Fund Allocation and Budget Utilization Rate in Relation to SUC Leveling Performance

In the academe, the realization of desired educational goals and objectives counts largely on the effective planning and management of school funds by the school administrators. The amount of funds allocated to schools by the government and the budget utilization rate of the recipient are some factors to be considered in meeting the programs, projects, and activities. This study aimed to determine the fund allocation and Budget Utilization Rate (BUR) in relation to SUC leveling performance among technological State Universities and Colleges (SUCs) of Region VIII in terms of Personal Services (PS), Maintenance and Other Operating Expenses (MOOE), and Capital Outlay (CO). The respondents were budget and planning officers in each SUC. Descriptive-evaluative research was utilized in this study since it assessed or examined the level of fund allocation and budget utilization rate in relation to SUC leveling performance. Percentage and mean were used to analyze the pertinent data, and coefficient correlation was applied to establish the significant relationships among the variables. Findings revealed that the bigger fund allocation with a correspondingly high budget utilization rate gave favorable SUC leveling performance. It is suggested to incorporate a conceptual model that links Information and Communications Technology (ICT) that accounts for budget allocation and utilization in future studies.

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Publication Details

Journal
Journal of innovative technology convergence.
Published
2024-09-30
DOI
https://doi.org/10.69478/jitc2024v6n3a01
Primary Topic
Mining Techniques and Economics
Type
article
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article

Fund Allocation and Budget Utilization Rate in Relation to SUC Leveling Performance

Dionilo Llanas, Maria Danica Louise Llanas
Journal of innovative technology convergence.
Mining Techniques and Economics
article

Fund Allocation and Budget Utilization Rate in Relation to SUC Leveling Performance

Dionilo Llanas, Maria Danica Louise Llanas
article en

Abstract

In the academe, the realization of desired educational goals and objectives counts largely on the effective planning and management of school funds by the school administrators. The amount of funds allocated to schools by the government and the budget utilization rate of the recipient are some factors to be considered in meeting the programs, projects, and activities. This study aimed to determine the fund allocation and Budget Utilization Rate (BUR) in relation to SUC leveling performance among technological State Universities and Colleges (SUCs) of Region VIII in terms of Personal Services (PS), Maintenance and Other Operating Expenses (MOOE), and Capital Outlay (CO). The respondents were budget and planning officers in each SUC. Descriptive-evaluative research was utilized in this study since it assessed or examined the level of fund allocation and budget utilization rate in relation to SUC leveling performance. Percentage and mean were used to analyze the pertinent data, and coefficient correlation was applied to establish the significant relationships among the variables. Findings revealed that the bigger fund allocation with a correspondingly high budget utilization rate gave favorable SUC leveling performance. It is suggested to incorporate a conceptual model that links Information and Communications Technology (ICT) that accounts for budget allocation and utilization in future studies.

Journal of innovative technology convergence.Vol. 6(3)
Palompon Institute of Technology (PH)
Partnerships for the goals
Openalex Percentile: Top 79%
Mining Techniques and Economics
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Fund Allocation and Budget Utilization Rate in Relation to SUC Leveling Performance — Dionilo Llanas, Maria Danica Louise Llanas · Journal of innovative technology convergence. (2024) | TGRS Research Map | TGRS