THE IMPACT OF BUDGETING ON TEACHERS PERFORMANCE

THE IMPACT OF BUDGETING ON TEACHERS PERFORMANCE

CHAPITER 1

INTRODUCTION

1.1 Study’s historical context

Budgeting is valuable, as educational administrators have long understood. Budgeting is a dynamic accounting tool at management’s disposal for efficient resource allocation in the face of scarcity through coordination, planning, and administration of a company’s financial activities. The most crucial management tools nowadays are budgets. Budgets are practical tools for allocating economic resources and reforming society in line with preset goals, claims Madumere (2008). To know exactly what financial resources are available to them for program design and implementation during the stated time period, education managers will want to know the percentage of public funds allotted to education. This suggests that without conducting a financial analysis, decision-making in any organization, including schools and other training facilities, will suffer.

Throughout the development of every country, the role of education as a weapon for change changes on a regular basis. Teachers are the main proponents of these reforms, and in order for them to give their all, they need to be fairly compensated and rewarded.

The world budget, according to Perrin (2009), is derived from the French word “baguette.” It was first used in England to refer to the white leather pouch or bag that held the Exchequers court seal during the Middle Ages. When the minister presented his plan to parliament, he was called to “open his budget,” a term that first appeared in use in 1733AD. Later, the minister’s bag, which included his proposal for funding government expenditures, came to be known as his budget.

The importance and relevance of the budget have expanded in recent years, affecting both the public and private sectors of the economy. Budgeting is regarded as a crucial management tool, especially in the intricate educational system. The budget could cover two years or only one. The analysis would be useful in assessing the percentage allotted to education over the given time frame.

Budget analysis is a crucial skill for managers, planners, and administrators in the education sector. For the fiscal year 2011, the budget specifies how much of the state’s total spending is allocated to the education sector and other sectors. It is essential to mention that the Lagos State Government indicated in its line item budget system an estimated expenditure of N52,000,000 (One Hundred Fifty Two Million Naira only) in 2011 for the management of each of its 12 educational districts, including the area under review. According to the information in Chapter 2 of this study, this equals 48% for the fiscal year. Calculating the percentage of each item in the budget as a whole is one of the methods frequently employed in budget analysis. This establishes the effect ratio of any factor being considered. Education planners find it challenging to evaluate spending plans that are invariably set by teachers. This is so that they may make the most use of the resources at their disposal, which requires motivated teachers or employees.

In light of this, the goal of this study is to look into any budgeting systems that are either narrowly constructed or carelessly managed, which are harmful to Nigeria’s educational system. As a result, the project research of a case study, Lagos education district, two approaches to Oshodi/Isolo L.G.A. and its surroundings.

1.2 Description Of The Issue

Ogunleye (2022) asserts that education managers, sometimes referred to as educational planners and administrators, need to be familiar with budget analysis in order to do their tasks effectively. The percentage of the total state budget allotted to various educational sectors and subsectors is stated in the budget for 2011. It goes without saying that the Lagos State Government anticipated spending N52,000,000 (one hundred and fifty two million Naira only) for the operation of each of its six educational districts, which includes the region under review, in its line item budget system for 2011. This accounts for 48% of the total for the fiscal year, according to the second phase of this research project. Calculating the percentages that each one of them represents of the entire budget is one of the methods frequently used in budget analysis (Oluwaseun 2022). This provides a general sense of the effect% of any component that is being looked at. Education planners are faced with a challenge when attempting to conduct cost-benefit analyses on budgets that are closely tied to faculty personnel. This is due to the fact that in order for employees and teachers to fully utilize the resources at their disposal, they must be motivated.

Given this situation, the purpose of this study is to investigate how teacher effectiveness is impacted by school budgets.

1.3 Study’s Objectives

This study’s main goal is to investigate how budgeting affects instructors’ performance. More specifically, the following goals of this research are:

i. To find out if teachers’ attitudes on teaching are impacted by school finance.

ii. To ascertain whether teacher teaching methods are impacted by school finance.

iii. To ascertain whether teacher productivity is impacted by school budgets.

iii. To ascertain whether teacher work ethics are impacted by school budgets.

1.4 Research Prompts

In this investigation, the following research queries will be addressed:

Is the attitude of the teachers affected by the finances for the school?

ii. Does a teacher’s teaching style depend on the school budget?

Does school finance affect the efficiency of teachers?

iv. How does teacher work ethics affect school budgeting?

1.5 Importance Of The Research

The results of this study will indicate how budgeting affects teachers’ performance, allowing policymakers to create effective measures that will benefit instructors. This study will have a big impact on the educational system.

As a starting point for more research and future reference, this work will also be important to academics and researchers.

1.6 Study’s Purpose

The effect of school budgeting on teachers’ performance is the main topic of this study. This study aims to ascertain whether school budgeting affects teachers’ attitudes toward teaching, their methods of instruction, their productivity, and their work ethics.

Teachers in the Lagos Education District’s chosen secondary schools Two residents of Oshodi/Isolo L.G.A. and its surroundings will be the participants in this study’s survey.

1.7 Restrictions of the Research

The researcher encountered a few challenges while doing the study, which is to be expected given the nature of the work. The researcher selected a limited sample size since doing research for pertinent materials, books, or information required additional financial costs and time, in addition to time spent collecting data. The researcher’s choice to utilize a small sample size was partly influenced by the dearth of literature on the topic as a result of the discourse’s character. The researcher was also engaged in a variety of other scholarly pursuits while she was working on her investigation. Additionally, the results cannot be applied to secondary schools in other states because the survey instrument was only distributed to a small number of respondents. Despite the limitations that existed during the investigation, every aspect was studied and minimized in order to guarantee

the most effective research and good results.

1.8 Term Definitions

Impact: A noticeable outcome or effect.

Budgeting for schools: The process of creating a statement of projected income and suggested expenses over a certain time period is referred to as budgeting for schools. In other words, it involves creating a list of the school’s programs that will be represented in the anticipated revenue.

Performance of teachers: What teachers do in the classroom to advance education is referred to as their work performance.