Educational Planning Process - Budgeting

1. THE PLANNING
PROCESS
BUDGETING

2. OBJECTIVES
01.
02.
UNDERSTAND WHY BUDGETING IS ESSENTIAL
FOR EDUCATIONAL INSTITUTIONS.
LEARN THE BASIC STEPS INVOLVED IN CREATING AND
MANAGING A BUDGET FOR SCHOOLS.
03. RECOGNIZE THE BENEFITS OF EFFECTIVE BUDGETING
AND THE CHALLENGES COMMONLY FACED IN
EDUCATIONAL SETTINGS.

3. WHAT ARE THE SOURCES OF FUNDS IN
DEPED SCHOOL?
• National Government
Allocation
• Local Government Allocation
• School Generated Funds
• Donations and Sponsorship
• Grants and Aids

5. DepEd Order No. 13, Series of 2016, Implementing Guidelines on
Release and Use of MOOE. This is to make sure schools can directly
use their funds for things like repairs, utilities, and learning materials,
helping them run more effectively and independently.
DEPED ORDER NO. 13, SERIES OF 2016

6. Financial resources play a crucial role in enhancing both the physical
infrastructure and the quality of teaching staff in schools. Alongside
curriculum reforms and professional development programs, the
Department of Education (DepEd) consistently increases funding to
public schools. This strategic allocation of resources enables schools
to effectively fulfill their core mission of educating students to
become responsible citizens of the country
INTRODUCTION

7. Budgeting in education is the
process of planning and managing
financial resources within schools
to support educational goals and
initiatives.
BUDGETING IN
EDUCATION

8. IMPORTANCE OF BUDGETING
Budgeting plays a vital role in
efficient financial management,
strategic planning, and informed
decision-making. Its significance
lies in securing the success and
long-term sustainability of
educational institutions.

9. OBJECTIVES
OF BUDGETING
EFFICIENT RESOURCE ALLOCATION FOR
ACADEMIC PROGRAMS
Allocating funds wisely to support different academic areas, ensuring
resources are used effectively to benefit students' learning
experiences.
SETTING FINANCIAL GOALS FOR
IMPROVEMENT
Establishing specific financial targets to enhance the institution's
overall performance and quality of education.
EVALUATING PERFORMANCE TO
ENHANCE EDUCATIONAL QUALITY
Assessing various aspects of the institution's operations to identify
strengths and areas needing improvement, ultimately aiming to
enhance the quality of education provided.

10. TYPES OF BUDGETING
01.
02.
OPERATING BUDGET FOR DAILY OPERATIONS
CAPITAL BUDGET FOR INFRASTRUCTURE AND
EQUIPMENT
03. PROGRAM BUDGET FOR ACADEMIC PROGRAMS
04. GRANTS BUDGET FOR FUNDING FROM EXTERNAL
SOURCES

11. STEPS IN BUDGETING PROCESS
1. ESTABLISH EDUCATIONAL GOALS AND OBJECTIVES
2. GATHER FINANCIAL INFORMATION FROM VARIOUS DEPARTMENTS
3. FORECAST REVENUE AND EXPENSES FOR ACADEMIC YEAR
4. ALLOCATE RESOURCES TO DEPARTMENTS AND PROGRAMS
5. MONITOR BUDGET EXECUTION AND MAKE ADJUSTMENTS

12. 1. ESTABLISH EDUCATIONAL GOALS
AND OBJECTIVES
- DEFINE ACADEMIC AND INSTITUTIONAL GOALS
ALIGN BUDGET WITH EDUCATIONAL PRIORITIES AND
STRATEGIC PLANS

13. 2. GATHER FINANCIAL INFORMATION
FROM VARIOUS DEPARTMENTS
- COLLABORATE WITH ACADEMIC DEPARTMENTS
AND ADMINISTRATIVE UNITS
REVIEW PREVIOUS BUDGETS AND EXPENDITURE
REPORTS

14. 3. FORECAST REVENUE AND
EXPENSES FOR ACADEMIC YEAR
- ESTIMATE TUITION, GRANTS, AND OTHER REVENUE
SOURCES
PLAN FOR FACULTY SALARIES, CLASSROOM
SUPPLIES, AND FACILITY MAINTENANCE

15. 4. ALLOCATE RESOURCES TO
DEPARTMENTS AND PROGRAMS
- DISTRIBUTE FUNDS TO SUPPORT ACADEMIC
DEPARTMENTS AND STUDENT SERVICES
PRIORITIZE INVESTMENTS IN TEACHING MATERIALS
AND TECHNOLOGY

16. 5. MONITOR BUDGET EXECUTION
AND MAKE ADJUSTMENTS
- TRACK EXPENDITURES AND REVENUE STREAMS
THROUGHOUT THE YEAR
ADJUST BUDGET ALLOCATIONS BASED ON
CHANGING ENROLLMENT OR FUNDING LEVELS

17. BENEFITS OF BUDGETING
01.
02.
ENSURE FINANCIAL STABILITY FOR LONG-TERM
PLANNING
03.
IMPROVE ACADEMIC PROGRAM QUALITY THROUGH
RESOURCE ALLOCATION
ENHANCE TRANSPARENCY AND ACCOUNTABILITY IN
FINANCIAL MANAGEMENT

18. CHALLENGES OF BUDGETING
IN EDUCATION
01.
02.
UNCERTAINTY IN ENROLLMENT NUMBERS AND
REVENUE PROJECTIONS
03.
INSUFFICIENT FUNDS FOR ACADEMIC PROGRAMS
AND FACILITY IMPROVEMENTS
BALANCING SHORT-TERM NEEDS WITH LONG-TERM
INVESTMENTS IN EDUCATION

19. BEST PRACTICES
01.
02.
INVOLVE FACULTY, STAFF, AND STUDENTS IN THE
BUDGETING PROCESS
03.
COMMUNICATE BUDGET DECISIONS TRANSPARENTLY
TO THE EDUCATIONAL COMMUNITY
CONTINUOUSLY EVALUATE AND ADJUST BUDGET
PLANS BASED ON EDUCATIONAL OUTCOMES

20. CONCLUSION
BUDGETING IN EDUCATION IS ESSENTIAL FOR EFFICIENT
RESOURCE ALLOCATION AND IMPROVING ACADEMIC
QUALITY. BY FOLLOWING THE OUTLINED PROCESS AND
UTILIZING BEST PRACTICES, EDUCATIONAL INSTITUTIONS
CAN OVERCOME CHALLENGES AND ACHIEVE FINANCIAL
STABILITY WHILE ALIGNING BUDGETS WITH ACADEMIC
GOALS.

21. RESOURCES
HTTPS://CHAT.OPENAI.COM/C/213711C4-AA1F-40AA-B256-30940E300553
HTTPS://UNESDOC.UNESCO.ORG/ARK:/48223/PF0000069261
HTTPS://WWW.SCRIBD.COM/DOC/48005066/BUDGETING-THE-
EDUCATIONAL-PLAN
HTTPS://WWW.VANCOPAYMENTS.COM/EDUCATION/BLOG/SCHOOL-
BUDGET-PLANNING-PROCESS