StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

School budget shortfall - Essay Example

Comments (0) Cite this document
Summary
a. The school currently has three sources of funds: the federal government, the industry and not-for-profit. The fund from the federal government is by far the largest in terms of actual amount and percentage. In 2000, the fund from the government is $244,757,638 in actual value or around 62% of the entire funds…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.6% of users find it useful
School budget shortfall
Read TextPreview

Extract of sample "School budget shortfall"

1. a. The school currently has three sources of funds: the federal government, the industry and not-for-profit. The fund from the federal governmentis by far the largest in terms of actual amount and percentage. In 2000, the fund from the government is $244,757,638 in actual value or around 62% of the entire funds. It is followed by the not-for-profit organization with $57,498,288 which comprises around 15% of the entire source. Lastly, the industry, which is represented by private corporations, had only 5% of the entire fund. This is translated into $18,454,590 actual amount. The numbers, specifically the percentages of each source relative to the entire fund has indeed changed through time. In the year 2009, the federal government had a contribution amounting to $340,728,694 or 49% of the entire source. It is still the major source, but is it 12% lesser than its original share. The not-for-profit source hardly grew in 2009 in terms of percentage share, posting at 16.6%. Indeed, the industry percentage has grown to 8% from 4% in 2000 and 2% in 2005. However, these changes are not significant as the government still dominates followed by not-for-profit. Indeed, the school needs support from the private sector as well and this is actually a welcomed development. This however does not in any way say that the university is becoming increasingly corporate.
b. There is something ironic about the claim of increasing corporate influence. As seen in the table, the figure for the Haas School of Business is the lowest. The total amount was recorded at $203,807 or only 07% of the over-all expenditure. This means that the business department of the school actually has the least budget among the other departments. This is clearly in contrast to the claim that the university is increasingly becoming corporate.
c. There is a great divide in the distribution of funds. The science courses such as biology, engineering and chemistry are the top three departments in terms of expenditure, excluding the organized research units. Excluding research, the engineering department consumes 30% of the entire fund, with a total amount of $85,637,408. Next to engineering is biology which has a total amount of $51,720,595. Lastly, we see the Chemistry department eating up 18% of the total fund of $30,204,281. On the other hand the arts and humanities and business courses receive small percentage shares. Social sciences, Arts and Humanities and the School of Business together comprise only 2% of the over-all expenditure.
d. The large expenditure in science course is associated with the needs of these courses. Science courses require up to date equipments, research materials and state of the art laboratories. It is the equipment which largely comprises the bulk of its expenditures. This is understandable as physical sciences indeed need large costs. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“School budget shortfall Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
School budget shortfall Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/miscellaneous/1531969-school-budget-shortfall
(School Budget Shortfall Essay Example | Topics and Well Written Essays - 500 Words)
School Budget Shortfall Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/miscellaneous/1531969-school-budget-shortfall.
“School Budget Shortfall Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/miscellaneous/1531969-school-budget-shortfall.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF School budget shortfall

Administering the School Budget & Accounting and Auditing

...? Administering the School Budget &Accounting and Auditing Accountability in public funds and assistance in educational decision making is an indispensable tool for a school district. It may be used in ensuring that the financial report of a school gets the financial statements and categories of group funds. This means that, the revised structured district’s administration should focus on defining the classification of account which would give out a meaningful management of finance information for all its users. This is a vital part of the auditing, accounting, and reporting that is needed for public education program scrutiny. A comprehensive and aligned education program should give out the data that are necessary in answering questions...
3 Pages(750 words)Essay

Administering the School Budget

...? Administering the School Budget Administering the School Budget The purpose of this piece of work is to investigate the administrative role of district school budgeting responsibility. In additionally, it gives clear emphasizes on accounting and auditing. Administering the School Budget The administrative budget of public school, need to conduct a thorough financial accounting, and auditing assessments. This objective is extremely essential as it negates possible fund embezzlement. Without proper financial management, the school administrative would enormous losses. (Brimley et al, 2008).In an education set up, there are three most influential financial functions. These include auditing, budgeting, and accounting functions. Although...
3 Pages(750 words)Essay

Budget

...? Budgeting Introduction A budget is a comprehensive financial plan used to determine the source of revenues and expenditures (Brookson, 2000). A budget is one of the most important financial tools used by corporates, individuals and the government to determine sources of revenues and how the available revenue may be spent without wastage (Brookson, 2000). The common types of budget are performance budget, cash budget and budget fore cast. Performance budget is based on anticipated revenues and expenses that are anticipated to be incurred in the future (Millett, 2011). Cash budget predicts how the available revenues will be utilized to accomplish a project (Millett, 2011). This type of budget helps corporate to have an insight on whether...
5 Pages(1250 words)Assignment

SCHOOL FINANCE BUDGET REDUCTION PLAN AND JUSTIFICATION

...? SCHOOL FINANCE BUDGET REDUCTION PLAN AND JUSTIFICATION Introduction The principal of all high schools in the suburbs of a large are aware about a significant budget crisis looming throughout the state. According to the Superintendent, the state Department of Education has significantly reduced budget allocation due to the crisis as a result of which the district high school budget committee has been directed to cut their annual budget by 20% from its annual maintenance and operations and 30% from its soft capital budget for the fiscal. It is the duty of the principal to go back to their respective campuses and then collaborate with their school leadership teams in order to develop a comprehensive plan regarding how to accomplish...
7 Pages(1750 words)Essay

Summation of Administering the School Budget

...Summation of Administering the School Budget School budgets are of central value to the functioning of any school and the efficiency in the admijnstering of the school budget has a long term validity as it is based on the budget that every activity and program of the school functions. The time span of the budget is important for the effective implementation of it and its planning needs to be done ahead of time in order to avail the amount of money needed for its implementation. In this background an analysis of the School district budget of California will illustrate how the budget perceives the various questions concerning the school functioning in the long term. A school district budget needs to be viewed as "a record of a district's...
1 Pages(250 words)Essay

School District Budget

...Introduction A school district budget is a blueprint document that outlines the financial direction of a particular school for a specified period. The budget also clearly states the activities to be executed within the budgetary stated period by assigning specific roles to individuals, groups or entire institutions. (http://www.edsource.org/pdf/QA_budgetfinal.pdf) The Budgeting Process This paper will be conducting an analysis of the processes adopted in developing the school district budget within the California area. A common practice in developing any kind of budget is to collate and factor in the views of all groups and institutions that have a stake in the budget (hdsb.ca/business/Budget). To this end, in developing the budget...
2 Pages(500 words)Essay

Budget

ncreased interest in research on this topic, and to analyze whether the current approaches of budgeting hinder the effectiveness of modern organizations.
Dynamic Business Environment: The present business environment presents a very dynamic situation in front of the managers. In this scenario, budget is seen as a constraint rather than as a planning tool. As a result of this dynamic business environment, the relevancy of the budget is very short lived. Budges result in centralization of the decision making process. This delays the decision making and reduces and organization’s ability to respond to changing environment. The concept of how a successful company operates in the information age is shifting from “make-and-sell” to...
4 Pages(1000 words)Essay

Budget

...Budget due: The major elements in the fire department’s budget are in infrastructure and equipment improvement and expansion of fire service operations. These elements are catered for in the whole budget that amounts to approximately to $69 million in the infrastructure, equipment improvement and expansion (Ballam, 2013). Nevertheless, for the previous fiscal year, the anticipated plan has on average revenues totaling $2.5million. The infrastructure improvement budget suggests expenses totaling to a tune of around $1.7 million, with an additional $0.5 Million in the special entertaining fund and carryover for about $0.35 million. The budget cuts across machinery $27 million, fire engines $32 million, fire education $10 million, servicing...
2 Pages(500 words)Assignment

Budget

Hard and Soft Earmarks Hard and Soft Earmarks Difference between Hard and Soft Earmarks Earmarks de an amount of money set aside for an organization or a regional group or sometimes for an identified pet project. Members of the congress are responsible for steering such amounts of money to different projects. Hard earmarks denote a written legislation, which serves as a legal obligation of designating money to certain organizations or project. The congress must approve the earmarked funds before their transfer to the selected project. For a long time, there has been an ensuing criticism surrounding hard earmarks. Therefore, members of the congress have resulted to suing soft earmarks. A soft earmark denotes a courteous request, w...
2 Pages(500 words)Essay

Maigret Goes to School by Georges Simenon

The pipe-smoking Maigret went on to feature in 75 novels and 28 short stories and about 850 million copies featuring him were sold worldwide. Inspector Maigret is certainly one of the best-known characters in detective fiction

Maigret goes to school is an entertaining book in the Maigret series. All Georges Simenons books have gripping stories and the characters in them are believable, considerate human beings. Maigret goes to school is one such book with an intriguing story. The postmistress, Leonie Birard of Saint Andre, a small village in France near La Rochelle is hit by a bullet in the eye and is killed. The whole village is happy that she is dead. Everyone in the village hated her because she was inquisitive and p...
7 Pages(1750 words)Book Report/Review

School Bullying: an Educational Problem

School bullying is a serious educational problem that is receiving increased attention. While anti-bullying programs are mandatory in Australian and American schools, they are not in Singapore (Forss, 2006). In Singapore, 95% of students in primary and secondary schools have experienced bullying (Forss, 2006).

A bully is someone who repeatedly attacks another individual who does not resist (Berger, 2006) and constantly harasses somebody else either physically or psychologically (Bosworth, Espelage, Simon, 1999). Bullying is manifested in many different ways such as physical, verbal and relational bullying (Berger, 2006). As a result of bullying, victims may experience anger, sadness, and depression which can lead to lo...
11 Pages(2750 words)Literature review

Element of the Columbine High School Shooting

The morning of Tuesday, April 20, 1999, was a beautiful spring day and it seemed to be a regular day for Columbine High School as far as anyone knew. Students were coming to school as usual and no one suspected that it would be the longest day in the history of this high school. The parking lot was filled with the usual BMWs and Hummers of the football players and those students who were on the outside of the popular kids were being teased just like any other day. No one noticed anything different in the beginnings of that morning and no one really worried about anything. It is assumed that students had breakfast before they came to school and many were standing around waiting for classes to start and maybe smoking cigarettes as t...
12 Pages(3000 words)Case Study

Public Relations and School Administration: The Jena Six Story

The infamous Juvenile Correctional Centre for Youth is located in Jena, with the institution closing after merely 2 years of its opening. The closing of the institution was owed to prevalent brutality and racism. One of the scandals they were involved in was the choking of black juveniles during a meeting with a lawyer. The guards also paid inmates for them to wrestle and fight with each other for their entertainment and also laughed at teenagers who are trying to commit suicide inside the jails (Witt, 2007).
At one time, district boundaries lines had been drawn to establish or maintain white-non white separation. It was in the last 20 or so years that nonwhites had begun to move into several areas; Jena for one, previously p...
11 Pages(2750 words)Term Paper

School Social Worker in Special Education

Social workers are required to understand the diversity of families and help individuals and families cope with the implications and impacts of learning disabilities, physical or cognitive problems. Individual treatment may be required in a safe environment and relationship in which to deal with issues. The work of the school social worker in special education is related to a diverse number of areas, in which he/ she is required to fulfill various roles and responsibilities (Turner, 2005).

Approximately one-half of school social workers are found to be practicing with elementary school children. School social workers support and help to prevent future problems by intervening with at-risk children during elementary schoo...
11 Pages(2750 words)Case Study

The Challenge of International Budget Hotel in China Market

... in the country is the availability of suitable land. Land is a supply that is not in abundance for the hotel industry. While occupancy levels signify that there are still much more room to grow for the budget hotel sector, the impediment of land continue to pose as a huge challenge (Lau 2006). Being near to commercialized areas are very appealing to businessmen. As much as possible hotels should be near to a hospital, school, banks and malls. But it is also evident that prices of property rise as its proximity to the central business district increases. Choosing the proper location for these hotels could be one of the toughest jobs. The location can either break new or make more projects (Lan 2006). Research Aims The primary aim...
58 Pages(14500 words)Dissertation

Home School versus Public school

... Home school vs. Public school Thesis ment Home schooling is a very effective method ofeducating a child. There are many arguments to counter this statement. Many believe a child being home-schooled would come to lack social skills and to fear association with others. Another belief would be the idea that a parent’s ability to educate a child would be inferior to the public education system because a parent usually do not have a license to teach. Although there are several other arguments to go against home schooling, there are a lot more others to fight for the idea of it. The popularity of home schooling had escalated over the last decade. According to the “National Home Education Research Institute” (NHERI), a staggering 1.5 million...
6 Pages(1500 words)Assignment

Cornerstone School Budget

...Cornerstone School Budget Corner school is located in Detroit city. It is the only school in that area which offers the entire pre-K through 12th grade program. The main objective of the school is to take children past the education perception. The other guiding ideology in the school is to develop an influential meaning to the students that will aid them in making precise decision when the appropriate time comes. In general, cornerstone school is for the culture of knowledge, a culture of what it means to be a profound person, and a culture of bringing back to the community. The school also works in partnership with other higher learning institution for the sake of their students’ future career development. It has collaborates...
9 Pages(2250 words)Research Paper

Should Shoe Companies Be Able to Give away Free Shoes and Equipment to High School Athletes

Today statistics of October 2013,  284,000 high school boys and 209,000 high school girls are playing soccer, 1 million are playing football, and 500,000 are playing basketball (“Youth Sports Statistics”).  These athletes need shoes and equipment, which are expensive.  It is no secret that under current economic condition many families are struggling to pay bills. It is as well not hard to understand that if parents are struggling to pay bills they will not be able to spend funds to pay for the items that their children need to use in sports. In 1906, a non-profit association by the name National Collegiate Athletic Association (NCAA) was formed that now regulates athletes of different institutions inclu...
7 Pages(1750 words)Term Paper

A Five-Year Budget Proposal for Macomb County

...A Five-Year Budget Proposal for Macomb County II Fire Department ID A Five-Year Budget Proposal for Macomb County II Fire Department Macomb County II Fire Department based the development of their budget for strategic reasons. This explains why the budget developed is to cover a period of Five years. The five-year budget is developed and broken down into smaller pieces that are then used during operations to cover the financial control aspect of the county. The county bases on its mission that aims at educating the people of Macomb, protecting and delivering to them services excellent services through progressive training, well organized and cohesive team (Macomb Township, n.d). The county fire department covers a number of aspects within...
6 Pages(1500 words)Assignment

Importance of High School Diploma or College Degree to Be Successful

...Do We Need a High School Diploma or College Degree to Be Successful Today? Why or Why Not? by I must say that success is a very ive concept and much would depend on how one understands it. Though it may seem that we decide for ourselves how we define this phenomenon, it is still dependent on the surrounding and culture. For an Indian boy and an American girl of the same age being successful can mean completely different things. In the Eastern culture living one`s life decently and reaching spiritual harmony, having your family healthy and wealthy, and being respected by the members of commune is success. For people of Western culture being successful often means being wealthy first of all (having a big house and two cars), being in happy...
8 Pages(2000 words)Scholarship Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic School budget shortfall for FREE!

Contact Us