Budgeting Strategies for Public Schools
Budgeting is a cornerstone of effective educational administration, yet public school systems across the nation struggle with fiscal limitations, inadequate financial literacy among stakeholders, and systemic inequities in funding allocation. This paper provides a multidimensional analysis of budgeting strategies within public schools, highlighting key components such as types of budgets, funding sources, budgeting models, and the significance of monitoring and stakeholder involvement. Drawing on case studies and empirical research, the study demonstrates how strategic budgeting aligned with educational goals can enhance resource efficiency, promote equity, and improve academic outcomes. Furthermore, the paper explores future trends, such as data-driven decision-making and community-led financial planning, as avenues for sustainable improvement. Ultimately, this work underscores that budgeting is not just a financial tool but a strategic imperative that can transform school performance and accountability. Keywords: Public school finance, educational budgeting, fiscal responsibility, funding equity, school budget models, stakeholder engagement.
Authors
- Ahairwe Frank
Institutions
- Kampala International University (UG)
Publication Details
- Journal
- NEWPORT INTERNATIONAL JOURNAL OF CURRENT ISSUES IN ARTS AND MANAGEMENT
- Published
- 2025-05-01
- DOI
- https://doi.org/10.59298/nijciam/2025/6.1.5157
- Citations
- 1
- Primary Topic
- School Choice and Performance
- Type
- article
- Field-Weighted Citation Impact
- 8.93