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Create a 5 page essay paper that discusses School Administration in Texas.Download file "School Administration in Texas" to see previous pages... 3. The No Child Left Behind Act of 2001 was passed in
Create a 5 page essay paper that discusses School Administration in Texas.Download file "School Administration in Texas" to see previous pages...
3. The No Child Left Behind Act of 2001 was passed in order to redesign a number of federal programs which aim at the improvement of both primary and secondary schools. The improvements were made possible by increasing the accountability standards for all schools in Texas. It also provided more flexibility to parents to choose the school that should be attended by their child/children.
The act also additionally focused on reading and also Elementary and Secondary Education Act of 1965 was aimed to be re-authorized. According to this Act, all the schools were required to distribute the contact details of each and every student to the military recruiters. The theories of standard-based education reform were enacted according to the act. Those theories were based upon a belief which says that if high expectations and goals were set, then every student would succeed.
4. Totally three kinds of funds comprise to generate funds for the funding for public schools in Texas. The three taxes are local funds, state funds and federal funds. If we consider the fiscal school year 2002-2003, the school funding was comprised of 49 percent from local taxes, 41 percent from state taxes and 10 percent from the federal sources. Based on the differences in the local property wealth and the population of students, these revenues may differ in the percentage.
Area III: How the System Works - Expenditures
Objectives of Budgeting: The following are some of the important objectives of Budgeting:
It aims at providing a yardstick based on which future results can be compared.
If any material variances exist against the budget, it is possible for the management to take actions basing upon the establishments of the budget.
Direct capital expenditures can be most profitably directed by using budget.
Budget is a guide to management decisions when affected by unforeseen conditions.
In order to achieve maximum profitability, budgets help to plan and control earnings as well as expenditures.
Adequacy in working capital and scarcity in resources can be planned and anticipated by making use of budgeting.
Decentralization of responsibility to individual managers is possible.
Methods of Budgeting: Different methods of budgeting are used for developing budgets.
Affordability Method: In this method of budgeting, the budget is developed depending on the ability to spend. The major disadvantage in this method is that the allocations of funds are always arbitrary as the figure may have a short fall or exceed.
Incremental Budgeting: This method is based on a particular department or functions on that of the previous period and is adjusted to inflation by a percentage increase. The advantage of this budget is that it is stable and there is a gradual and planned change. The disadvantage is that is assumes that work activities will remain same and it gives no scope to developing ideas.
Zero Based Budgeting: This means, budget starts from a base of zero for each budgeting period. The proposed activities are then assessed and prioritized.