Assessment Of Finance Utilization In Government Secondary Schools Of Burayu Town Administration

Abstract

The main objective of this study was to investigate the problems that Assessment of Finance Utilization in Government Secondary Schools of Burayu Town Administration. Descriptive survey method of research was employed; both quantitative and qualitative, data analysis methods were used in order to answer the research questions. Questionnaires, Interview and document analysis were the data collection tools for the study. Simple random sampling techniques were used to select the respondent for teachers; availability sampling techniques was used to choose school principal, vice principal, school committee and educational head office: participants of this study were 6 Principals and vice- principals, 52 teachers, 10 PTSA. The descriptive statistics such as: frequency, percentage, mean, and standard deviations used for data analysis. The findings of the study revealed that the main problems that affect the effective and efficient financial management in schools were financial allocation for teaching learning process is very low, the main problems of financial utilization and management connected with the ability of principal, and finance experts. In addition to this, relevant training was not given on financial utilization and management for concerned body, lack of structured financial management and utilization guideline and procedures, there is no financial utilization transparency in school, and weak internal income generation. Therefore, it is possible to conclude that, the above problems were affected not only the effectiveness and efficiency of financial management of the schools but also the whole process of educational activities in the school. Thus, to improve the situation, it is recommended that, all concerned bodies, such as the oromia education bureau, Burayu town administration educational office being together should be prepared enough workshop and training for the school personnel, and for concerned bodies in the field of financial management, Release the allocated schools finance on time. Prepare clear financial policy for school and strengthening internal income by the school principal and school committee in order to reduce the problems of financial management in government secondary schools and to reduce the financial wastage is very important.