FINANCIAL ASPECTS OF

EDUCATIONAL PLANNING
Budgeting: Its Implication to Educational
Planning
Budgeting: Its Implication to
Educational Planning
•Concept

•Feature

•Importance

2
 Definition and
Functions
Budgeting is the process of creating a plan to spend your
money

 it plays a vital role in educational planning

it allocates resources to achieve school’s

predetermined objectives

3
 Steps on budgeting
process
Phase I. Identification of programs, projects and activities
to be implemented during the budget period.

Phase II. Identification of resources.

Phase III. It allocates resources to achieve school’s

predetermined objectives.

4
 Steps on budgeting
process
Phase IV. Presentation of the budget in accordance with
the guidelines issued.

Phase V. Securing official authorization to allocate and

use resources.

5
 Its importance
 Helps weigh values and make decision when
necessary

 Serves as guide for action in the organization

 It ensures that actions are carried out according to a

budget plan

6
 REMEMBER
 Budgeting has great implication to educational
planning for it facilitates proper administration of
school resources to achieve educational objectives.
 It also facilitates a systematic plan for evaluating
the quality and quantity of services needed in
school.

7
 Prepared by:

Claire Ku Y. Librando
clairekuylibrando95@gmail.com
09999887651