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As schools move away from public administration and management (in their attempts to become self-reliant) towards a more business-like approach of managing their affairs, compliance with the “King Code” becomes a pre requisite. School governing bodies need to realise that they are bound by, and must comply with the stipulations of the South African Schools Act and the Public Finance Management Act. Good governance further seeks to ensure that there is adequate control over the strategic, tactical and operational planning of the school, especially the schools finances and resources, to enable it to achieve its overall objectives. Corporate governance requires an inclusive approach – the school management team on the one hand needs to demonstrate and put into practice honesty, integrity, accountability, responsibility and transparency and the school governing body on the other hand must apply tests of fairness, accountability, responsibility and transparency and must be accountable to both the school and their constituency.

Self-reliant schools

The KwaZulu Natal Department of Education (KZNDoE) has identified seven strategic goals, which must be accomplished in order for the strategic plan, of the current member of the executive committee (MEC) for education, to function. Strategic goal 3 reads as follows: “Transform schools into self-reliant institutions which are community centres life-long learning” [KZNDoE Strategic Plan 2005-2010 (2005; 9)].

According to the Report to Minister (2003; 39): “The South African Schools Act embodies a shift from supply-driven service delivery in schooling, where government decides on how service delivery takes place to a more demand-driven mode, where local communities gain a greater say in how they would like the service delivery that they receive to be structured. One of the intentions of the South African Schools Act, which is based on worldwide trends in education, is for schools to become “self-managed” or “self-reliant” schools. According to the DOE: Self-Managing Schools (2000; 6) self-management in schools is based mainly on two sections of the South African Schools Act:

  • Section 20 – which gives school governing body the power to administer and control the school’s property, buildings and resources.
  • Section 21 – which gives school governing body extra allocated functions to control their own finances and extra-curricular activities.

By default all schools have section 20 functions, which imply that the community (all relevant stakeholders and role players) plays an active role in the “life” of the school, specifically in assisting in the financing of schools. Section 20 of the South African Schools Act [Functions of All Governing Bodies] reads as follows:

20 (1) Subject to this Act, the governing body of a public school must:

20 (1) (a) promote the best interests of the school and strive to ensure its development through the provision of quality education for all learners at the school;

20 (1) (b) adopt a constitution;

Questions & Answers

differentiate between demand and supply giving examples
Lambiv Reply
differentiated between demand and supply using examples
Lambiv
what is labour ?
Lambiv
how will I do?
Venny Reply
how is the graph works?I don't fully understand
Rezat Reply
information
Eliyee
devaluation
Eliyee
t
WARKISA
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Lambiv
multiple choice question
Aster Reply
appreciation
Eliyee
explain perfect market
Lindiwe Reply
In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
Ezea
What is ceteris paribus?
Shukri Reply
other things being equal
AI-Robot
When MP₁ becomes negative, TP start to decline. Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Kelo
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Shukri
Can I ask you other question?
Shukri
what is monopoly mean?
Habtamu Reply
What is different between quantity demand and demand?
Shukri Reply
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
Ezea
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Shukri
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Lilia Reply
what is the difference between economic growth and development
Fiker Reply
Economic growth as an increase in the production and consumption of goods and services within an economy.but Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
Shukri
production function means
Jabir
What do you think is more important to focus on when considering inequality ?
Abdisa Reply
any question about economics?
Awais Reply
sir...I just want to ask one question... Define the term contract curve? if you are free please help me to find this answer 🙏
Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
Awais
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Asui
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50. A,Calculate quantities of x and y which maximize utility. B,Calculate value of Lagrange multiplier. C,Calculate quantities of X and Y consumed with a given price. D,alculate optimum level of output .
Feyisa Reply
Answer
Feyisa
c
Jabir
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
Gsbwnw Reply
suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product
Abdureman
types of unemployment
Yomi Reply
What is the difference between perfect competition and monopolistic competition?
Mohammed
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Source:  OpenStax, Financial management of schools. OpenStax CNX. Nov 16, 2009 Download for free at http://cnx.org/content/col11137/1.1
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