Group-3

First reporter: Jhea May C.
Damo
3 - 3.3
MANAGEMENT OF
SCHOOL
FINANCE
Prepared by:
JONABETH B. FERNANDEZ
The concept of Financial
Financial Management
management in Schools
describes the process of
ensuring that school
leaders plan, organize,
delegate and control the
funds of the school to
achieve its goals.
THREE KEY SEGMENTS
1. Student Fees Management
2. Staff Payroll Management
3. School Account Management

1. Student Fees Management
A. Create Fees D. Check Fees

Structure And Fee
Refunds
B. Schedule Fees
E. Fees Report Such As
Batch Wise And
C. Check Fees Defaulter Students Wise
2. Staff Payroll Management
A. Generate Payslip C. Approve And Reject

The Employees Pay Slip
B. Pay Slip Reports

D. Create Payroll Group
3. School Account Management offers schools and
educational institutes a
broad selection of
features that empower
A. Financial Reports them to manage and
control their accounts
more effectively.
B. Transaction Management
4. Educational Finance
4–4.1
Structure of Budget: Revenue
and Expenditure
EDUCATIONAL FINANCE refers to governmental and
organizational processes by
which revenues are
generated (through taxation,
tuition fees, and
philanthropy), distributed, and
expended for operational and
capital support of formal
schooling
FINANCING OF EDUCATION
1.Agencies Financing Education

2.Financing of Education by the parents
3.Financing of Education by the
Employers
STRUCTURE OF BUDGET
Expenditure Budget
the allocation of funds for disbursement
to various ministries, departments, and
sectors.
Structure of Budget
Revenue Budget consists of the revenue receipts of
the government (tax revenues and
other revenues) and the expenditure
met from these revenues.
EDUCATIONAL FINANCE
4.2 Sources of Educational Finance at School Level
4.3 Handling and Utilization of School’s Finance
3rd Reporter:
VINA E. AGULAR
Sources of Republic Act No.10533
Educational Finance “Enhanced Basic Education Act of
at School Level 2013”
An act enhancing the Philippine Basic

Education System by strengthening its
curriculum and increasing the number
of years for basic education ,
appropriating funds therefore and for
other purposes
• Section 34. National Funds. Public
Funding of Schools shall continue to be
School funded from National funds:
Provided that local governments
shall be encouraged to assume
operation of local public schools
on the basis of national fund
participation and adequate
revenue sources which may be
assigned by the national
government for the purpose.
Sec.2 Declaration Policy
LEGAL BASIS • The state shall establish, maintain and support a

complete, adequate, and integrated system of
for School education relevant to the needs of the people,
the country and society-at-large
Funding
Sec. 11 Appropriations
• The secretary of Education shall include in the

Department’s program the operatialization of the
enhanced basic education program, the initial
funding of which shall be charged against the
current appropriations of the Deped. Thereafter,
the amount necessary for the continued
implementation to the enhanced basic education
program shall be included in the General
Appropriations Act.
School Sources of Funds
IMPLEMENTING UNIT NON-IMPLEMENTING UNIT

• Allocation from the National budget • Allocation from the national budget
downloaded directly by the DBM downloaded by its division office
regional office
• Income Generating Projects or IGP (e.g.School Canteen,Agricultural production,arts and

crafts ,fund raising activities,etc.
• Donations (PTA,alumni,non-government organizations,private companies ,private
individuals, etc.
• Other government resources (e.g.SEF,LGU General Fund,sponsorship bymembers of
cogress from other national funds,etc.)
Sources of Funds
Government Fund Parents Contribution
• Paying grants to schools • Paying tuition fees
• PTA contribution
• Paying teachers salary • Specific fees for building projects
• Assisting school to establish • Paying teachers for additional lessons and
money generating project by coaching,special duties and general welfare
• Paying for resources i.e textbooks,school
providing technical assistance uniforms ,stationary and sport
including materials and contributions
equipment
• Financing the construction
and rehabilitation of school
Sources of Funds
Community
School Canteen
Group
Fund Raising by
Organizing Students
Workshops
GULAYAN SA
PAARALAN
HANDLING and UTILIZATION
OF SCHOOL’S FINANCE
WHAT IS SBFM?
School-Based Financial Management refer to activities
undertaken or pursued by a school head and his/her
designated staff who assist in the management of financial
and relevant non-financial resources available to the school.
Activities involved in SBFM are the
following but are not limited to:
Fiscal Cashiering
Accounting
Planning, and
and Recording
Budgeting Disbursement
Asset and Physical and

Procurement Liability Financial
Management reporting
Basic Financial Activities in
School
Procurement of Utilization of
Funds Funds
CAPITAL FUNDS REVENUE REVENUE

CAPITAL
FUNDS PAYMENTS
PAYMENTS
1.Specific Donations 1.Fees from 1.Purchase of Assets

1. Salaries
2.Bank Loans Students( 2.Purchase of
2. Expenses
3.Grants Tuition/Admission) Properties
3. Interests
4.Life Membership 2. Other 3.Repayment of Loans
4. Repairs
Fees miscell.Receipts 4.Constructions
T hank you!
END OF 3 rd Report
Group 3 Members:
Jhea May C. Damo
Jonabeth Fernandez
Vina Aguilar

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First reporter: Jhea May C.

2. Staff Payroll Management

3. School Account Management

A. Create Fees D. Check Fees

A. Generate Payslip C. Approve And Reject

B. Pay Slip Reports

1.Agencies Financing Education

An act enhancing the Philippine Basic

LEGAL BASIS • The state shall establish, maintain and support a

• The secretary of Education shall include in the

IMPLEMENTING UNIT NON-IMPLEMENTING UNIT

• Income Generating Projects or IGP (e.g.School Canteen,Agricultural production,arts and

Asset and Physical and

CAPITAL FUNDS REVENUE REVENUE

1.Specific Donations 1.Fees from 1.Purchase of Assets

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