Sound Budgetary Practices In School

Decent Essays
Sound budgetary practices are essential for proper fiscal management of a school budget. A budget without a plan, vision, or goals is destined to fail. Specific accounting practices are in place for the efficiency and structure of a successful budget. Components such as needs assessment, prioritization, and rationales are established for school improvement, failure to review these items can result in minor improvement of academic student growth. “Unfortunately, and all too often, a lack of integrated budget and academic planning at the school or district level results in the selection and application of programs and services that are short sighted, insufficient, and ineffective in meeting the varied needs of the students served-resulting in

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