1-2 pages School budget analysis / school finance class

Anonymous
timer Asked: Nov 22nd, 2016

Question description

Budget Project/Case Study

You have just completed two quarters as the new principal of Fairhill Elementary School (FES). You have successfully made it through your first semester. The feedback from your Supervisor, staff and community has been mostly positive. The systems, structures and teams that were put in place and developed are functioning well.

Yesterday, the Budget Office contacted the school. You have been asked to attend an in-service which will give you information on developing the school budget for next school year. The budget is actually due on February 13th. You are very surprised that the budget process is beginning so quickly. There has been very little training to this point regarding school finances. And, with winter break just concluding, there is just a few weeks to complete and submit this task. Fortunately, you took a terrific class on School Finance which you can fall back on to successfully complete this task.

After the training, your budget analyst emails you an Excel worksheet in order to complete your budget. After having several meetings with your school budget team, you are now tasked with creating a budget for the school that will provide resources to operate the school and provide a great education for students.

Please, consider the following:

  • Study the enrollment trends and projections, carefully.
  • Decide upon which staff positions will purchase to be included in your budget.
  • Remember to leave some funding to support your discretionary budget as well.

Your discretionary budget must minimally (you may have more) account for the following:

  • Incentives = $800.00
  • Substitutes (for Classroom Teacher) = $8,000.00
  • Teacher Supplies = $27,000.00
  • Student supplies = $1,500.00

It is imperative that you review all the data provided and build a budget that supports your academic plan and needs.

With the information provided and the data presented below, develop an effective budget for FES.

Fairhill ES 3 Big Rocks for SY 2016-2017 has been:

  • Top Notch Small Group Instruction in Math and Reading.
  • Expressive Mathematical Thinking.
  • Cross Content Writing.

A survey was sent home to all Parents and Guardians. The following is an aggregate summary of their budget concerns for the upcoming schoolyear.

Ranking

Category of Area

#1

Updating Technology

#2

Differenced Intervention and Accelerated Programs

#3

Class Size

#4

Extracurricular Activities

#5

Library

*attached you can find a word documents which has the students performance in math and reading in 2016-2017 school year (each grade will be a grade higher in 2017, and do not care about 6th grade since they will move to an intermediate school, the lowest performance is the 3rd grade which well be 4th grade in 2017


The answer and requierment:

Just look at section 2a and section 3 in the Excel sheet :

There is no write or wrong answer

I already put some money in some sections of 2017 budget and we are not required to fill all the sections or spend all the money

I have 23 teachers and I divided them like this:

Elem Teacher - K (73 students) / Avg Class Size = 24 Unlocked 3.0
Elem Teacher - G1 (79 students) / Avg Class Size = 26 Unlocked 3.0
Elem Teacher - G2 (78 students) / Avg Class Size = 26 Unlocked 3.0
Elem Teacher - G3 (81 students) / Avg Class Size = 20 Unlocked 4.0
Elem Teacher - G4 (61 students) / Avg Class Size = 20 Unlocked 3.0
Elem Teacher - G5 (66 students) / Avg Class Size = 22 Unlocked 3.0
Elem Teacher - G6 (84 students) / Avg Class Size = 21 Unlocked 4.0

Also, I put $6000 for

COMPUTERS - INSTRUCTIONAL (OVER $500)

and I put money in other sections as well

-The professor will ask me to say why I put this certain amount of money in each section or why I leave it. for example, he will ask (if you add money to technology or computers, why you do that, if not, why did you decide not to address it?) or (If you put two teachers for 4th grade, why ? three teachers, why?)

- I should answer based on the information in the case specially 3 Big Rocks for SY 2016-2017 and Parents budget concerns for the upcoming schoolyear and I should put the money to improve or keep those sections:

  • Top Notch Small Group Instruction in Math and Reading.
  • Expressive Mathematical Thinking.
  • Cross Content Writing.
  • Updating Technology
  • Differenced Intervention and Accelerated Programs
  • Class Size
  • Extracurricular Activities
  • Library

-Please write a short explanation for each section about improving or keeping it (like analysis )

-you can put money in the Excel file in any section you see it will work with above section then write why you add this amount for in this section (to improve or keep which section from the above)

-you can compare to the previous years (not required )

Examples:

  • Updating Technology: I put $6000 for computers because updating technology is ranked #1 parents budget concern (write more explanation)
  • Class Size: According to the reading and math performance in 2106 the %16.7 of the 3rd grade students did not meet the requirement in reading and %10.2 did not meet the requirement in math and 3rd grade students will be 4th grade in 2017, so I decided to go with three teachers for 4th grade in 2017 to reduce class size "the average students numbers will be 20" (which ranked #3 by parents) and reducing class size will improve their performance in math and reading.

rewrite my examples in correct words and grammar because I am not sure about it

in the class size explanation, the professor said talk about class size based on research so please find some research about it and cite it here (few sentences)

-explain and analysis the other sections please and edit my example and add to it

- approximately one to two pages of description


Budget Project/Case Study You have just completed two quarters as the new principal of Fairhill Elementary School (FES). You have successfully made it through your first semester. The feedback from your Supervisor, staff and community has been mostly positive. The systems, structures and teams that were put in place and developed are functioning well. Yesterday, the Budget Office contacted the school. You have been asked to attend an inservice which will give you information on developing the school budget for next school year. The budget is actually due on February 13th. You are very surprised that the budget process is beginning so quickly. There has been very little training to this point regarding school finances. And, with winter break just concluding, there is just a few weeks to complete and submit this task. Fortunately, you took a terrific class on School Finance which you can fall back on to successfully complete this task. After the training, your budget analyst emails you an Excel worksheet in order to complete your budget. After having several meetings with your school budget team, you are now tasked with creating a budget for the school that will provide resources to operate the school and provide a great education for students. Please, consider the following:  Study the enrollment trends and projections, carefully.  Decide upon which staff positions will purchase to be included in your budget.  Remember to leave some funding to support your discretionary budget as well. Your discretionary budget must minimally (you may have more) account for the following:  Incentives = $800.00  Substitutes (for Classroom Teacher) = $8,000.00  Teacher Supplies = $27,000.00  Student supplies = $1,500.00 It is imperative that you review all the data provided and build a budget that supports your academic plan and needs. With the information provided and the data presented below, develop an effective budget for FES. Fairhill ES 3 Big Rocks for SY 2016-2017 has been:  Top Notch Small Group Instruction in Math and Reading.  Expressive Mathematical Thinking.  Cross Content Writing. A survey was sent home to all Parents and Guardians. The following is an aggregate summary of their budget concerns for the upcoming schoolyear. Ranking Category of Area #1 Updating Technology #2 Differenced Intervention and Accelerated Programs #3 Class Size #4 Extracurricular Activities #5 Library  These are the top 5 out of 12 possible choices. School Performance Characteristics - Reading School Performance Characteristics – Math

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