20 Aug 2022

64

How to Cut Your Budget and Save Money

Format: APA

Academic level: Master’s

Paper type: Essay (Any Type)

Words: 353

Pages: 1

Downloads: 0

The main responsibility of the school budget is to protect core school programs and promote student achievement in all schooling categories (Barro & Carroll, 2015). In addition, the budget should be respectful of the current economic climate. Following the reduction of the amount allocated for the budget due to the City’s deficit, the budget on the school’s programs and student’s achievement is the first part to examine. The reason for concentrating on this part is the fact that they are the key activities that maintain the operation of every school (Ehrenberg et. al, 2004). Moreover, as the budget director, I would examine the innovative and supportive programs since they can obtain funds from the foundation the school district is in partnership with. 

After the examination of the school programs, I have noted that 80% of the budget is allocated for salaries and benefits of the teaching and administrative personnel. Therefore, in order to ensure a balance on the core programs and student’s achievements, the cut will target the staff in the respective schools. The cut will slightly reduce the benefits but the salaries will not be affected. The funds obtained from the foundation will be necessary for funding innovative staffing strategies hence promoting the provision of high-quality education. Consequently, quality education will facilitate good student achievement (Elmore & Burney, 2009). 

It’s time to jumpstart your paper!

Delegate your assignment to our experts and they will do the rest.

Get custom essay

Alternatively, in order to ensure a balance between the different federal factors allocated for the budget, the school district would pause the innovative and supportive programs hence allocating the funds from the partnering foundation to fill the gap in the budget allocated by the city. Another choice would be, reducing the number of staff in order to maintain the planned state in the six schools (Johnson and Williams, 2011). Another alternative would be reducing the amount allocated for the core programs in the schools with a reduced amount from the budget. The last alternative would be identifying other sources of funds in order to fill the gap in the proposed budget and ensure a smooth run of the core programs and better student’s achievement. 

References 

Barro, S. M., & Carroll, S. J. (2015). Budget Allocation by School Districts: An Analysis of Spending for Teachers and Other Resources. 

Ehrenberg, R. G., Ehrenberg, R. A., Smith, C. L., & Zhang, L. (2004). Why do school district budget referenda fail?  Educational Evaluation and Policy Analysis 26 (2), 111-125. 

Elmore, R. F., & Burney, D. (2009).  Investing in teacher learning: Staff development and instructional improvement in Community School District# 2, New York City . National Commission on Teaching & America's Future, Box 117, Teachers College, Columbia University, New York, NY 10027. 

Johnson, N., Oliff, P., & Williams, E. (2011). An update on state budget cuts.  Center on Budget & Policy Priorities. Washington, DC at 1 , 10-12. 

Illustration
Cite this page

Select style:

Reference

StudyBounty. (2023, September 15). How to Cut Your Budget and Save Money.
https://studybounty.com/how-to-cut-your-budget-and-save-money-essay

illustration

Related essays

We post free essay examples for college on a regular basis. Stay in the know!

Texas Roadhouse: The Best Steakhouse in Town

Running Head: TEXAS ROADHOUSE 1 Texas Roadhouse Prospective analysis is often used to determine specific challenges within systems used in operating different organizations. Thereafter, the leadership of that...

Words: 282

Pages: 1

Views: 93

The Benefits of an Accounting Analysis Strategy

Running head: AT & T FINANCE ANALLYSIS 1 AT & T Financial Analysis Accounting Analysis strategy and Disclosure Quality Accounting strategy is brought about by management flexibility where they can use...

Words: 1458

Pages: 6

Views: 81

Employee Benefits: Fringe Benefits

_De Minimis Fringe Benefits _ _Why are De Minimis Fringe Benefits excluded under Internal Revenue Code section 132(a)(4)? _ De minimis fringe benefits are excluded under Internal Revenue Code section 132(a)(4)...

Words: 1748

Pages: 8

Views: 196

Standard Costs and Variance Analysis

As the business firms embark on production, the stakeholders have to plan the cost of offering the services sufficiently. Therefore, firms have to come up with a standard cost and cumulatively a budget, which they...

Words: 1103

Pages: 4

Views: 180

The Best Boat Marinas in the United Kingdom

I. Analyzing Information Needs The types of information that Molly Mackenzie Boat Marina requires in its business operations and decision making include basic customer information, information about the rates,...

Words: 627

Pages: 4

Views: 98

Spies v. United States: The Supreme Court's Landmark Ruling on Espionage

This is a case which dealt with the issue of income tax evasion. The case determined that for income tax evasion to be found to have transpired, one must willfully disregard their duty to pay tax and engage in ways...

Words: 277

Pages: 1

Views: 120

illustration

Running out of time?

Entrust your assignment to proficient writers and receive TOP-quality paper before the deadline is over.

Illustration