INTERNAL REVENUE GENERATION METHODS UTILIZED BY SECONDARY SCHOOL PRINCIPALS FOR RAISING FUNDS FOR SCHOOL MANAGEMENT IN ANAMBRA STATE

The main purpose of the study was to determine internal revenue generation methods utilized by secondary school principals for raising funds for school management in Anambra State. Three research questions guided the study. The descriptive survey research design was adopted for the study. The population of the study was 266 public secondary school principals in Anambra State. A validated questionnaire was used to collect data for the study. Application of Cronbach Alpha method on the instrument collected yielded reliability coefficient values of 0.87 and 0.85 for clusters 1 and 2 respectively with an overall reliability coefficient value of 0.86 mean was used to analyze data for the study. The findings of the study revealed that the findings of the study revealed that principals to a high extent use renting out school facilities and fundraising campaigns as internal revenue generation method for raising funds for school management in Anambra State. In contrast, principals to a low extent establish business ventures for internal revenue generation method for raising funds for school management in Anambra State. Based on these findings, the researcher recommended among others that the Post Primary School Service Commission (PPSSC) should organize training programme to educate secondary school principals on best practices and methods for implementing business ventures as a revenue generation method in secondary schools