FISCAL MANAGEMENT AND SCHOOL IMPROVEMENT OF SECONDARY IMPLEMENTING UNITS IN THE DIVISION OF LAGUNA : A BASIS FOR FINANCIAL POLICY MAKING

Abstract

This study aimed to identify the relationship between Fiscal Management and School Improvement of Secondary Implementing Units in the Division of Laguna during the Fiscal Year 2015-2017. This study was limited to the total population of thirty (30) School Heads, at least thirty (30) Financial Staff and five hundred thirty six (536) teachers representing the twenty percent (20%) of the total population of teachers in Secondary Implementing Units in the Division of Laguna, Region IV-CALABARZON. The independent variables included the following: Fiscal Management in terms of Budgeting, Planning, Procurement, Accounting and Disbursement. The researcher correlated the mentioned variables on school improvement in terms of Faculty and Staff which includes seminar, trainings and research Students which includes enrolment rate, drop-out rate, awards and recognitions School in terms of Physical Facilities Development, NAT Results, SBM Level and PBB Level and Current Operating Expenditures in terms of Personal Services (PS) and Maintenance and Other Operating Expenses (MOOE). The data gathered from this study were tabulated and analyzed using the following statistical treatments: 1. To determine the level of school heads fiscal management in terms of budgeting, planning, procurement, accounting and disbursement as perceived by the School Heads and the Financial Staff and to distinguish the level of school improvement as perceived by the School Heads and Teachers in terms of Faculty and Staff, students, School development and Current Operating Expenditures, mean and standard deviation were used. To determine the level of School Improvement as perceived by the School Heads as respondents in terms of SBM and PBB Level, mean, standard deviation, Frequency Distribution and Percentage were utilized To determine the significant difference on Fiscal Management as perceived by the School Heads and by the Financial Staff and the significant difference on School Improvement as perceived by School Heads and Teachers of Secondary Implementing Units in the Division of Laguna, T-test was used. Lastly, to determine the significant relationship between Fiscal Management and School Improvement as perceived by the School Heads of Secondary Implementing Units in the Division of Laguna, the researcher used Pearson Product-Moment Correlation Coefficient and Spearmans rank correlation coefficient. On the basis of the foregoing findings and hypotheses posited in this study, the following conclusions were drawn: (1) The hypothesis stating that there is no significant difference on Fiscal Management as perceived by the School Heads and by the Financial Staff of Secondary Implementing Units in the Division of Laguna is rejected (2) The hypothesis stating that there is no significant difference on School Improvement as perceived by the School Heads and by the Teachers of Secondary Implementing Units in the Division of Laguna is rejected and (3) The hypothesis stating that there is no significant relationship between the Fiscal Management and the School Improvement as perceived by the School Heads of Secondary Implementing Units in the Division of Laguna is partially accepted.