Discuss the importance of planning for a school budget NTI PGDE Introduction to Educational Management and Planning

Discuss the importance of planning for a school budget

The budget programme for the nest one year helps to project educational programme for the next year.

It helps to indicate the main sources of funds for the educational programme.

It enables variability in prices between one year and the other to be detected for a particular programme or item.

It guide the school Administrators to disburse school funds with reference to financial regulations.

The public is informed through the budget the kind of educational programme for the children.

Importance of Planning for a School Budget:

1. Projection of Educational Program:
   • The budget for the next year aids in projecting the educational program.
2. Indicating Main Sources of Funds:
   • It highlights the primary sources of funds for the educational program.
3. Detecting Variability in Prices:
   • Enables the detection of price variations between years for specific programs or items.
4. Guiding School Administrators:
   • Guides administrators in disbursing funds according to financial regulations.
5. Informing the Public:
   • The budget informs the public about the educational program for children.
6. Evaluating Academic Sessions:
   • Assists the public, individuals, and governments in evaluating and recommending improvements for academic sessions.
7. Gaining Knowledge and Experience:
   • Knowledge from implementing the budget aids in better planning and more effective control measures in subsequent years.
8. Showing Contributions:
   • The budget displays contributions from individuals, organizations, and various levels of government in education funding.

1. The budget program helps _______________ educational programs for the next year. a. Implement
   b. Project
   c. Support
   d. Reject
2. It indicates the _______________ funds for the educational program. a. Minor
   b. Primary
   c. Substantial
   d. Excessive
3. Detecting variability in prices between years helps with _______________ for specific programs or items. a. Consistency
   b. Change
   c. Stability
   d. Uniformity
4. The budget guides administrators in disbursing school funds with reference to _______________ regulations. a. Educational
   b. Financial
   c. Administrative
   d. Legal
5. The budget informs the public about the _______________ program for children. a. Specific
   b. General
   c. Hidden
   d. Confidential
6. It helps the public, individuals, and governments _______________ academic session programs. a. Evaluate
   b. Ignore
   c. Disregard
   d. Neglect
7. The knowledge gained in budget implementation aids in better planning and more _______________ control measures. a. Ineffective
   b. Effective
   c. Useless
   d. Irrelevant
8. The budget displays contributions from individuals, organizations, and various levels of government in _______________ education. a. Halting
   b. Funding
   c. Suspending
   d. Ignoring