06 Oct Recommended Budgeting Practice
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Exam Content
Dr. Jennings sent the following memo to Dr. Wilson, the Nalukai School District superintendent, regarding their analysis of current budgeting practices in the school district. Dr. Jennings recommended that the school district budget for the upcoming fiscal year be created using one of these six approaches to budgeting. Dr. Jennings asked that these six approaches be shared with the board of education and offered to create a presentation for the board.
TO: Dr. Julie Wilson, Superintendent
FROM: Dr. Chris Jennings, Director of Financial Operations
RE: Financial Operations Department Review of Budgeting Processes
The financial operations department has spent the past several months researching and analyzing all financial operations and budgeting processes used currently in the school district. It has been determined that a new budgeting process should be implemented for the next budgeting cycle. Our team has reviewed multiple options for budgeting and will be preparing a presentation to the board of education for their consideration.
The budgeting options reviewed by our team included:
Line-item budgeting
Performance budgeting
Program and planning budgeting
Zero-based budgeting
Site-based budgeting
Outcome-focused budgeting
I’m happy to review each of these options with you and/or the board so please let me know your thoughts about the most effective way we will budget for the upcoming school year. Thanks!
Review the information provided by the National Center for Education Statistics.
Watch “Planning a School Budget.”
****Write a 700- to 1,050-word analysis for Dr. Jennings outlining your recommended budgeting practice in which you:
1. Describe the most appropriate budgeting process for the district.
2. Explain why the selected budgeting process best aligns with the district’s funding model.
3. Recommend strategies to implement the selected budgeting process.
Cite 5 scholarly references according to APA guidelines.
Submit your assignment.
