Level of Financial Management Capability of Public Secondary School Administrators in Area 1, Division of Batangas

Abstract

INTRODUCTION

"Money makes the world go round" and the cloud of doubt is always looming in every corner of the school when money is involved and no proper liquidation is administered. The school administrators are the financial managers who are doing the planning, accounting, budgeting, decision -making and action. Out of these duties are probably the roles and responsibilities in doing these tasks comprehensively.

METHODS

The descriptive method of research will be utilized in this study with a self-made questionnaire as data-gathering instrument. The respondents of the study will be the public secondary school administrators in Area I, Division of Batangas. Frequency, percentage, ranking, weighted mean, Pearson r and t -test will be used in treating the gathered data. Specifically, two-way t -test will be used to test the significant difference between the assessments of the two groups of respondents on the extent of financial management capabilities of secondary school administrators while Pearson r will be utilized to test the significant relationship of the profile of the secondary school administrators and the extent of their financial management capabilities in Area 1, Division of Batangas.

RESULTS

This study revealed that the school administrators performed their financial management capabilities to a great extent, and the problems encountered by the school administrators which affect their financial management capabilities is to a moderate extent. There should be an action plan to sustain the financial management capabilities regarding the maintenance and other operating expenses of the secondary school administrators in Area 1, Division of Batangas was proposed.

DISCUSSIONS

In order to attain a “very great extent” level of the financial management capabilities, secondary school administrators of Area 1, Division of Batangas must be transparent in all financial transactions and must be able to find ways to continuously sustain the huge allocation of financial resources to the needs of the teachers and students. The secondary school administrators should continuously search for financial revenues so as to augment the resources for the utilization to other programs and programs and projects in the schools. The secondary school administrators should find ways and means to seek financial assistance from other stakeholders in order to lessen the problems they encountered regarding financial management.