Is the Practice of Educational Financing Following the Mandates of the Law?

Educational financing is one of the key pillars for the success of high-quality education. An educational institution, such as a school, must be able to identify the sources of educational funds and manage the expenditures to ensure the smooth operation of education. The purpose of this research is to determine the sources of educational funds at SMA N 4 Yogyakarta, one of the best public schools in Yogyakarta, a city renowned as the 'City of Education.' The research method employed in this study is qualitative with a case study approach. The results of the study indicate that the sources of educational funding at this school come from the Regional Budget (APBD), the National Budget (APBN), and committee funds, with all sources allocated following the mandates of the law. SMA N 4 Yogyakarta also has distributed financial resources from the central government, local government, and the school committee, following the technical guidelines provided by each funding entity.