Sarrah BuotPresentor

EDUCATION(Public good)

Education• Is one of the most important item in

government’s budget.

Why Does the Government Involved Itself Extensively in Education?

Because it improves students’ welfare by enhancing their ability to earn a living and more generally, to deal with life.

Because schools can be powerful force for socialization.

Because it gives voters background or perspective on which to base their political choices.

Public School

o a school that is maintained at public expense for the education of the children of a community or district and that constitutes a part of a system of free public education commonly including primary and secondary.

New Direction for Public Education (American Public School System)

Charter Schools public schools that operate under

government charters that hold them to state standards but have freedom to experiment and some interdependence in making their spending and hiring decisions.

2. Vouchers ( Voucher System)

The basic approach of this system is to provide financial support to students rather than directly to schools.

The Federal Education Budget (2014)

• The Federal Government provides $71.2 billion in discretionary funding for the Department of Education.

Education Budget in the Philippines (2014) P309.43 billion (US$6.84 billion)

o The fund includes P 44.6 billion for construction, repair, and rehabilitation of school buildings nationwide.

The DepEd this year plans to:

* build 43,183 new classrooms

* repair 9,502 existing ones

* create 1.59 million new classroom seats (in support of the K-to-12 program)

* build 10 library centers (213 existing library centers

* produce 42 million more textbooks and workbooks

References:

http://www.futuregov.asia/articles/2014/feb/04/education-gets-big-share-philippines-budget

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http://www.tempo.com.ph/2014/02/department-of-education-gets-biggest-share-of-2014-national-budget/#.

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http://www.whitehouse.gov/sites/default/files/omb/budget/fy2014/assets/budget.pdf