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Tools and Techniques for School Budgets

unit 1 assignment: Tools and Techniques for School Budgets

Purpose:

For this assignment, you have been directed by the superintendent to compare the tools and techniques that could be used in administering a school’s budget and report based on what you believe to be the best choice for your district. There are many different types of tools a school system can use. For example, a district can use a simple Excel document or even use a contracted company to have a more complex budget. The choice is theirs.

Directions:

In your chapter readings, the provided websites, and with your own research, identify and describe three different tools and techniques that can be used in administering a K–12 budget.

Write a 3- to 4-page paper that describes and compares three different tools for administering a K–12 budget of your choice. As you compare the different tools, be sure to address the cost, technology requirements, the skill level of the user needed, as well as the products produced by the tools/programs that you have chosen.

Your completed paper will follow these guidelines:

Use APA Style for formatting, citations, and references.
Includes an introduction with a clearly identified thesis.
Relates content of the paper to the central theme or thesis.
Includes a concluding paragraph that links the content of the essay and synthesizes the intended thesis statement.

Web Resources

Chen, G. (2020, February 14). An overview of the funding of public schools. Public School Review. https://www.publicschoolreview.com/blog/an-overview-of-the-funding-of-public-schools

National Center for Education Statistics. (n.d.). Chapter IV education equity in the states. https://nces.ed.gov/pubs98/inequalities/chapter4.asp

Washington Office of Superintendent of Public Instruction. (n.d.). Special education funding in Washington state.

https://www.k12.wa.us/policy-funding/special-education-funding-and-finance/special-education-funding-washington-state

Missouri Department of Elementary and Secondary Education. (n.d.). School finance tools. https://dese.mo.gov/financial-admin-services/school-finance/calculation-tools

Renee Center for Education Research & Policy. (2012). Smart school budgeting: Resources for districts. ttps://www.renniecenter.org/sites/default/files/2017-01/SmartSchoolBudgeting.pdf

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Evaluate a static budget and prepare flexible budgets to meet managerial needs.

Shrewdly designed budgets assist businesses leaders with awareness of expenditures and managing resources. Businesses use a variety of budgets to measure their spending and develop effective strategies for maximizing their assets and revenues. Many types of organizational budgets exist and each have different purposes, strengths, and weaknesses.

Respond to the following in a minimum of 175 words:
Briefly discuss four types of organizational budgets

Individual Assignment: Managerial Analysis

Purpose of Assignment

This comprehensive case requires students to evaluate a static budget and prepare flexible budgets to meet managerial needs.  Students are required to calculate and analyze variances and discuss how variances are critical to managerial decision making.

Resources Required

Generally Accepted Accounting Principles (GAAP)   

U.S. Securities and Exchange Committee (SEC)

Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products.

Green Pastures Static Budget Income Statement

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Grading Guide

ContentMetPartially MetNot MetComments:
Based on the static budget report answered the following questions: o    What was the primary cause(s) of the loss in net income? o    Did management do a good, average, or poor job of controlling expenses? o    Were management’s decisions to stay competitive sound?    
Prepared a flexible budget report for the year.    
Based on the flexible budget report, answered the following questions: o    What was the primary cause(s) of the loss in net income? o    Did management do a good, average, or poor job of controlling expenses? o    Were management’s decisions to stay competitive sound?    
Answered the following question: ·         What course of action does student recommend for the management of Green Pastures?    
Showed work in Microsoft® Word or Excel®.  Completed calculations/computations using Microsoft® Word or Excel®.       
The examination is a minimum 700-to 1050- words in length.    
      Total AvailableTotal Earned 
  105#/105 
Writing GuidelinesMetPartially MetNot MetComments:
The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements.    
Intellectual property is recognized with in-text citations and a reference page.    
Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper.    
Sentences are complete, clear, and concise.    
Rules of grammar and usage are followed including spelling and punctuation.    
  Total AvailableTotal Earned 
  45#/45 
Assignment Total#150#/150 
Additional comments:      
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