Financial Mismanagement in Public Schools in America - Case Study Example

The research found out that indeed schools have lost a lot of resources in the hands of unscrupulous school administrators who take advantage of their authority to defraud these institutions of their rightfully acquired resources. It concludes that the wastage of school resources is a menace that should be ultimately eradicated by the government through the Department of Education in collaboration with other concerned stakeholders. IntroductionThe topic for this research will be Financial Mismanagement in Public Schools in America.

As an educationist, I am concerned about the welfare of the American children who mainly rely on public education as a source of hope. The research will be carried out to investigate the cases of misappropriation of school funds by the school administrators. Although the decentralization of school funds management has been appreciated, it has been faulted for promoting the embezzlement of the money allocated for each school. Since it is the school principals and administrators who are vested with the responsibility of spending on behalf of their institutions, many of them have failed to act accordingly.

Instead, they have deliberately opted to fleece these institutions of their resources. According to the official records from the US Department of Education, the federal government spends a total of $550 billion to support the running of public elementary and high schools in the nation (Legislative Joint Auditing Committee, 2010). For instance, in 2013, it allocated $141 billion for this course in 2013. As usual, this money was expected to be properly used for supporting all the academic and non-academic activities in these institutions.

Proper use of these resources can be of much importance to the facilitation of the teaching and learning processes in these institutions. It is believed that efficient funding of public schools is necessary for the effective implementation of all the programs and eventual accomplishments of the educational goals in the country.Unfortunately, as it is now, all these might be far from being achieved. Despite the federal, state, and local governments pumping lots of money into public schools, the sector is still in a crisis.

The school principals and administrators, who are authorized to spend on behalf of their respective schools, can not account for their expenditures.