Factors that influence financial management in secondary schools in Migori district: a case study of Suba East division
Alomba, Samuel Kiboyo
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The education is one sector that has gone through tremendous growth and continues to do so. Providing education to the children has always been an expensive undertaking to both the government and the parents. To implement the curriculum there has to be a provision of educational facilities, equipment and services whose costs have been soring with time The population has been rising sharply implying that there has been tremendous increase in the demand for education. This has resulted to budget slices of money in the financing of education. The cost-sharing policy- where the community shares the burden of financing schools as a result has been more impetus. It was on this score that the researcher formulated the problems of the study in the light of limitations placed on the headteachers in their attempt to effectively finance their schools' programmes. This study also sought to look into the fiscal management practices and the problems experienced in the process. Implication of these problems to schools' administration tasks was also reviewed. This study was conducted through field research,which covered 10 secondary schools in Suba East Division in Migori District. A case study of this division reflected all other schools in the district. Concerning among various stakeholders in the education sector over management of school finances was one of the major factors that stimulated interest to venture into this research. This study was guided by research questions which were generated at the conceptual phase of the study. This study was descriptive and employed questionnaire and interview as data collection instruments. These instruments were supplemented by documentary analysis of inspection and audit reports. Data were analysed using descriptive statistics i.e. tables and percentages. The major finding of the study was that the existing financial management was basically weak. As a result of weaknesses inherent in the current system of preparation and support in financial management. Headteachers in the study schools were experiencing problems which cut across all areas of financial management.