Under the pressure of budget cuts, many educational institutions have no choice but to reduce professional teaching staff and increasing class size. However, this short-sighted solution can pose a threat to a school’s future. The consequence could be lower graduation rates and declines in enrollment. Traditionally, the state funding is set by a “quota formula” in which the Central Office dictate the number and types of positions that schools are to receive. According to the report on CPS Budget in the Fiscal Year 2014 (FY2014), the former quota formula “created disproportionate impacts, where one extra student coming or going could mean the difference in a full teacher position gained or lost”. In improving the budgeting system, in the FY2014, …show more content…
According to the article “Fraud and Misconduct Cost Chicago Schools” dated January 11, 2012 from the Education Week, one of the reason that lead to a great loss to the budget to schools and cause damage to CPS leadership is the troubling fraud and employee misconduct. The damage include $1.3 million in “improper benefits paid to retired teachers, systemic abuse of the federal free lunch program at West Side high school, and a scheme by a central-office employee to use school fund to buy items he later exchange for cash”. Most recently, Beatrice Staff, in her article “Corruption in Chicago Public Schools: Former Chief Admits To Fraud” on 13 Oct. 2015 reported that the former head of the CPS Barbara Byrd-Bennett had accepted bribes from multiple companies with amount worth $2.3 million. Accordingly, Barbara Byrd-Bennett was accused of accepting the brides from Gary Soloman and Thomas Vranas, the company owners, to arrange $127,000 into the two accounts setup under her relatives’ names. Additional benefits she received included tickets to multiple sporting events. The investigation proved the evidence found in the email discussions between Solomon and Vranas about the payments arranged for Byrd-Bennett. In particular, Vranas wrote “Everyone sucks and is greedy”. Worst, in the email sent to Solomon on September 10, 2012, Byrd-Bennett wrote “I have tuition to pay and casinos to visit”. One of the executives wrote other email to Byrd-Bennett about the bonus “If you only join for the day, you will be the highest paid person on the planet for that day” (Beatrice 2). As a result, the evidence found during the investigation of twenty mails and wire fraud counts cost Byrd-Bennett twenty years’ jail for each count and up to 400 years in total. Mayor Rahm Emanuel expresses his feeling in the statement saying that he was “saddened and disappointed to learn about the
Budgeting is a familiar term to most American families. Dictionary.com defines budgeting as an estimate, often itemized, of expected income and expense for a given period in the future. In order to avoid debt, bankruptcy, or overspending it is common to create a spreadsheet of some sort tracking your spending and income. On a grander scheme, the Unites States has to budget as well.
School funding for public schools has collectively been cut by $7.6 billion since 2002, forcing schools districts in Georgia to a tipping point. The 2001 recession had a major effect on Georgia’s fiscal condition, which consequently had a major effect on the financing of K-12 education in Georgia. School budgets are used to describe a district’s plan for the upcoming year as pertaining to anticipated revenues and expenditures. Each district’s budget heavily relies on the amount of money they receive from the state’s general fund and since that number has significantly dropped in recent years schools are not able to provide the best education for our students. The budget for public schools in Georgia should be increased because teachers are losing their jobs and schools are being forced to eliminate valuable programs that are instrumental in the education of our youth.
California is one of the largest states in the country and has one of the biggest state budgets, but in the past several years, its school system has become one of the worst in the nation because of enormous budget cuts in efforts to balance the state’s enormous deficit. The economic downturn at the end of the 2000s resulted in even more cuts to education. It is in environments like this one in which students from poor backgrounds become most vulnerable because of their lack of access to support in their homes as well as other programs outside of schools. Their already financially restricted school districts have no choice but to cut supplementary programs and increase class sizes, among other negative changes to public schools. The lack of financial support from the state level as well as demands for schools to meet certain testing benchmarks by the state results in a system in which the schools are no longer able to focus on students as individuals; they are forced to treat students as numbers rather than on an individual case by case basis.
The United States is an extremely affluent country, however, the U.S. government does not allocate its funds correctly. The government spends entirely too much of the budget on military spending. A segment of the military budget should go towards education. Education is completely undervalued in America and is often pushed to the side in political debates. Conversely, several of the top-ranked countries in education are also flourishing economically. Even though the U.S. is struggling to compete in education, the government has all but given up at this point. There are no signs of increased education spending or a decrease in military spending. How is this country supposed to continue to grow and move forward if the citizens
CPS, with a $6.6 billion FY2013 budget, is now taking a new strategy based upon a flawed “Student-Based Budgeting System”. The Board of Education is also struggling to solve the debt they have reached, and with their FY2014 plans, this year’s budget book is argued to be “one of the most poorly written budgets”. The way CPS is handling their budget is not benefiting the lives and education of students and is leaving CPS at a loss with giant financial issues. Parents want the best for their children, no question, and the highest educational standards will be something that parents have at the top of their list. There is enough support to say that people who have received better education have gotten further in life.
(Bruenig). This is because students from well-off families already enjoy a disproportionately successful future than students from poor families, State budgets could become strained, which might lead to cuts and decreased access to programs that students want to take. Budget cuts may also need to take place, or pulling from other departments to make up for the loss of tuition. These could come from high schools, middle schools, and elementary schools. This could result in many teachers, administrators, and other school district employees losing their jobs due to schools needing to save money.
I. Introduction The United States Founders believed that the Legislative Branch would hold the most power because its power came from the will of the people. In terms of structure, the legislative process is pretty much identical to when Congress first began. However, over the years political parties agenda’s, and Congressional benefits have shaped the legislative branch into what it is today.
Salary schedules for public school teachers are almost a common feature in public school districts. These schedules largely determine the salaries for the teachers. A single district schedule sets the pay for hundreds of thousands of teachers in thousands of schools (Besharov 1). The key factor that influences the pay for the teachers in the salary schedules include experience in terms of years and the total number of graduate course works that a teacher has completed. This paper will look at the cons and pros of the salary schedules in terms of an economic point of view.
What is the federal budget? The federal budget is the yearly plan for how the US government will spend its money. After analyzing the federal budget, it was evident that the money was dispersed into three different clusters; the Big Five, the Middle Five, and the Little Guys. Although at first glance, the money may seem to be being evenly dispersed throughout the three, when taking a deeper look, there is clearly a fine line between what the government needs and what the government wants. The real question is; is the United States distributing its money correctly? In my opinion, after much research, the government could do a better job with the way it allocates its money. In each of the three budget clusters, the U.S. government should make
Effective teachers are inadequately rewarded in the United States. School districts, such as those in California, are just starting to implement merit pay. According to a study conducted by the National Center of Performance Incentives (NCPI), only about 500 school districts out of the 14,000 districts in the US implement merit pay for teachers. These numbers do not include private schools. Unfortunately, teachers, parents, and students hurt because many schools, private and public, base teacher pay on seniority and degrees rather than achievement and performance. Under such a system, novice teachers, are laid off during budget shortages. Moreover, with the current “single salary schedule” system, teachers are inadequately paid, especially when compared to other professions. Because the single salary schedule creates many issues, a solution needs to be proposed. Merit pay, a system based on performance, solves such issues. With this system, teacher performance outweighs teacher seniority. As a result, quality teachers will be rewarded adequately in terms of money and recognition. Outstanding teachers will no longer face unreasonable layoffs and will finally be paid more than their ineffective peers.
Proper school funding is one of the keys to having a successful school. Americans believe that funding is the biggest problem in public schools. School improvements revolve around funding. There needs to be funding not only in the successful schools but also the schools that aren’t doing as well. In documentary, Waiting for Superman, it talks about how smaller class sizes will help students. Funding is what will help the smaller class sizes. State funding mechanisms are subject to intense political and economic scrutiny (Leonard). Studies have shown that funding is inversely related to accreditation levels (Leonard). School funding needs to be increased, but there must be accountability as well.
How does an organization decide where to its spend money? Which product or service should the organization use? If we hire a new administrative assistant will this increase our efficiency and profit? All of these questions can be answered by a budget analyst. The role of a budget analyst is to help organizations manage their finances.
‘Beyond Budgeting is the set of guiding principles that, if followed, will enable an organization to manage its performance and decentralize its decision making process without the need for traditional budgets. Its purpose is to enable the organization to meet the success factors of the information economy (e.g. being adaptive in unpredictable conditions).’
The federal government has a budget. This is called the Federal budget, and is made up of five important steps.It goes through a period called “fiscal year”. It begins October 1 and it ends September 30 of the next year.The budget can become very complex, just because of how many parties are are involved, and how big the budget is.This period can begin in any 12 months chosen for keeping accounts.
I should receive a passing grade in this class because I can write now. Not just an exaggeration, but after another semester of English I finally feel confident that can write. Three of the reasons behind my confidence is I learned, I experienced and best of all I repeated. These three values helped prepare me for what is in store in English 1302 and here is why.