Financial Planning as Correlates to Resource Allocation in the Division of City Schools, Manila: Basis for an Intervention Program
DOI:
https://doi.org/10.5281/zenodo.22604318Keywords:
financial planning, resource allocation, public school finance, financial governance, educational administration, intervention programAbstract
This study examined financial planning as correlates to resource allocation in the Division of City Schools, Manila and used the findings as the basis for an intervention program. A quantitative cross-sectional design integrating descriptive, comparative, and correlational approaches was employed. The study involved 177 respondents drawn from a population of 315 personnel, consisting of 59 school administrators, 49 budget officers, and 69 non-teaching personnel. The sample size was computed using Slovin’s formula at a 5% margin of error, while the methodology further specified purposive selection of personnel with relevant financial and administrative responsibilities. Data were gathered using a researcher-made, expert-validated questionnaire that was pilot-tested in the Division of City Schools, Quezon City and demonstrated excellent overall reliability (Cronbach’s alpha = .958). Percentage, weighted mean, one-way analysis of variance, and Pearson product-moment correlation were used. Financial planning was assessed as Practiced (M = 3.99), with expenditure control highest (M = 4.03), while resource allocation was Evident (M = 3.94), led by financial resources (M = 3.96). No significant differences were found among the three respondent groups in their assessments of financial planning. Financial planning was significantly and very highly positively associated with resource allocation (r = .807, p < .001); financial monitoring and reporting showed the strongest domain relationship (r = .827). Challenges in financial planning (M = 4.09) and resource allocation (M = 4.04) were Encountered, particularly delays in budget approval and fund release and inadequacy of resources for operational and instructional needs. The proposed Continuous Enhancement Blueprint FY 2027 was rated Highly Acceptable (M = 4.39). The findings support continuous improvement in financial governance, timely resource delivery, stakeholder participation, monitoring, accountability, and financial sustainability.
Downloads
References
Commission on Audit. (2022). Annual audit reports on the Department of Education. Commission on Audit.
Cruz, A., Manalo, R., & Reyes, J. (2021). Administrative capacity and financial governance in Philippine public schools. Philippine Journal of Public Administration and Education, 6(1), 45–61.
Dela Cruz, M. (2022). Revenue generation initiatives and financial sustainability practices in selected public schools. Journal of Educational Finance and Governance, 5(2), 73–89.
De Guzman, R. (2024). Financial planning practices and resource utilization of school heads in selected public schools in the National Capital Region. International Journal of Educational Management and Development Studies, 5(2), 45–62.
Department of Budget and Management. (2023). Strategic financial planning and expenditure control in public institutions. Department of Budget and Management.
Department of Education. (2019). DepEd Order No. 008, s. 2019: Revised implementing guidelines on the direct release, use, monitoring and reporting of Maintenance and Other Operating Expenses allocation of schools, including other funds managed by schools. Department of Education.
Jacob-Dedumo, L., Alipio, M., & Mendoza, R. (2024). Financial management and resource allocation in the Schools Division of Surigao del Norte. International Journal of Financial Management Research, 4(1), 112–129.
Lu, Y. (2022). Budget oversight, financial monitoring, and resource allocation in public service sectors. Public Budgeting and Finance Review, 18(3), 201–218.
Mauro, P., Pagnoncelli, A., & Zizza, R. (2021). Performance-based budgeting and financial sustainability in public organizations. Public Finance and Management Journal, 21(4), 355–374.
Merano, J. (2023). Financial management competence of school heads and school performance indicators in Leyte. Philippine Journal of Educational Leadership, 7(1), 66–82.
Musiega, D., Muturi, W., & Kimani, E. (2023). Budget execution practices and service delivery in public sector organizations. International Journal of Public Financial Management, 12(2), 144–160.
Omoeva, C., Moussa, W., & Sylla, B. (2021). Equity-oriented education financing and resource allocation in low- and middle-income countries. Education Policy and Data Center Research Review, 8(1), 55–72.
Organisation for Economic Co-operation and Development. (2023). Performance-informed budgeting and modern budget practices. OECD Publishing.
Organisation for Economic Co-operation and Development. (2024). Digital transformation, innovation, and public sector governance. OECD Publishing.
Santos, P., & Lim, K. (2023). Allocation of technology and innovation resources in Metro Manila public schools. Asian Journal of Educational Technology and Innovation, 11(2), 91–108.
Sofyani, H., Akbar, R., & Wahyudi, R. (2022). Transparency, internal control, and accountability systems in public sector institutions. Journal of Public Sector Accounting and Governance, 14(1), 23–41.
Tapsoba, R. (2024). Public financial management reforms and service delivery outcomes in developing countries. International Review of Public Administration, 29(1), 55–73.
Taylor, M., Kettlewell, K., & Smyth, J. (2024). Participatory budgeting, transparency, and public resource allocation. Public Administration and Development, 44(2), 119–136.
United Nations Educational, Scientific and Cultural Organization. (2022). Instructional resources and learning support in education systems. UNESCO.
Villanueva, M., & Santos, J. (2023). Budget utilization and allocation patterns in selected public schools in Metro Manila. Philippine Journal of Educational Administration, 10(1), 77–94.
Wang, L. (2021). Financial management capacity, revenue generation, and resource allocation in public organizations. Journal of Public Financial Management, 17(3), 188–205.
World Bank. (2021). Education finance and public financial management in education systems. World Bank.
World Bank. (2024). Monitoring and evaluation systems for public sector resource management. World Bank.
World Bank, & UNESCO. (2024). Education finance and learning recovery: Strengthening systems for equitable resource allocation. World Bank and UNESCO.
Downloads
Published
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
How to Cite
