Differences between current budget and the previous budget

Assignment Help Financial Management

Reference no: EM133565447

Replicates an authentic process that school leaders conduct each year. Reviewing the prior and current budget against the school's CIP/SIP and the data gathered from the needs assessment are required for the principal to plan and develop the upcoming budget. This process could also reveal accomplishments in goals and help set new improvement goals for the future.

Allocate at least 5 hours in the field to support this field experience.

This assignment requires the review of a full site budget, not just one area. (A sample budget is provided if you are unable to access your school's budget.).

Part 1: Collaborate

Engage in a collaborative discussion with your principal or another school principal about planning a site budget and request to review the school's current and previous year's budget, as well as their CIP/SIP. After reviewing the two budgets and the CIP/SIP, ask the principal to describe how the current budget was developed, including:

Development timeframe
Stakeholders involved in the process
How needs were identified
Process of defense and modification
District technology requirements and their effects on the budget process

Review the differences between the current budget and the previous budget, asking the principal to provide insight on any differences. Discuss to what degree the principal thinks the budget realistically supports the CIP/SIP.

Part 2: Budgetary Needs Assessment Survey

Administer the online needs assessment survey that you created in Topic 3 to six or more faculty and staff identified by you and the principal mentor.

Use any remaining field experience hours to observe and assist the principal mentor.

Part 3: Schoolwide Budgetary Needs Assessment Summary and Reflection

summarize your schoolwide budgetary needs assessment, addressing:

Background information: An overview of the school (e.g., student demographics, community profile, major programs)
Current budget expenditures
Current budget revenue
Key findings from comparing last year's budget, this year's budget, and the current CIP/SIP
Key findings from analyzing the results of the assessment surveys
2-3 preliminary suggestions you might make, based on the needs assessment data you presented

Reflect on how conducting a formalized needs assessment is an important step in promoting continuous and sustainable school improvement. Incorporate PSEL standards into your reflection. Describe how you will apply what you have learned to your future professional practice.

Reference no: EM133565447

Questions Cloud

What is the consequence of not being able to prepare well : Why is it important to be prepared when pursuing a career in the tourism industry? What is the consequence of not being able to prepare well?

What does the older workers benefit protection act : What does the Older Workers Benefit Protection Act (OWBPA) require from employers?

Compare the attitude required of an effective steward leader : How does a top-down attitude compare or contrast with the attitude required of an effective steward leader?

Analyzing organizational culture of the military : Describe what you learned about your organization's culture here, using detail and examples, and based on the questions in the article.

Differences between current budget and the previous budget : Review the differences between the current budget and the previous budget, asking the principal to provide insight on any differences.

Differences between production of goods-delivery os services : There are some differences between the production of goods and the delivery of services. What are the implications of these differences in managing operations?

Example of organisational procedure to food services : Example of an organisational procedure specific to Food Services.

Types of difficult employees : Apply what you learned from the chapter reading this week and from the article on managing difficult employees.

Difference between a group and a team : Find a resource online describing the difference between a group and a team. Share the resource and explain why the difference is important.

User Account

All Pages