FINANCIAL NEEDS
Is the school district in an actual financial crisis? (If yes, respond to questions a-e; if no, respond to questions f-j.)
Yes- the reason for this is because there is the provision of sufficient funds from all the stakeholders of the institution. This finally makes it to be not in the position of meeting all the academic needs of not only the students but also the teachers too.
a) What is district enrollment this year compared to the last five years, and what did the district predict enrollment would be?
50%. The prediction for the school was to be much better as compared to the previous year which was maintained at 42% enrolment. The reason for this scenario roused because of the motivation given to the teachers in ensuring that performance was to remain the key factor in making the institution to compete favorably with other regardless of the current constraints its facing.
b) What are the utilization rates of the district's school buildings?
13%. The reason for this lower percentage arises from the parents perceptions. This is to say that majority of the parents prefer taking their children in privately owned academic institutions precisely coz of the poor academic results which have been recorded for the few years that have passed.
c) Has the district gone out for bids on non-educational services, such as custodial work, food services, transportation, and employee health insurance?
Yes. This is largely brought about the existence stakeholders who do not contribute to the development of the institution as expected. For instance this makes the employee insurance not to be taken into greater consideration as expected hence lowering their working morale.
d) Is the school district sharing business, administrative and educational services with other districts or local government?
Yes. The prime reason for that is just to ensure that the stakeholders of the institution are given the capacity of learning what it takes from other institution to be developing academically.
e) How much does the district spend on wages and benefits – and are those costs open for discussion?
Only if "no," answer:
The district spent like 30% of its income on wages and benefits. The reason for this is because it embraces the inclusion of members from diverse communities hence the sharing of ideas. Moreover the inclusion of all members makes convenient in ensuring that all the cost to be incurred are open in the discussion.
f) What is the amount of budget surplus identified in the district?
g) What kind of programs, faculty, or services, if any, were cut to create this surplus?
h) Has student enrollment declined, and is this related to the surplus?
i) What are the identifiable sources of income for the district (including any recent property tax increase)?
j) What is the projected length of time for this surplus to continue?
Organization
Is the organization in an actual financial crisis? (If yes, respond to questions a-e; if no, respond to questions f-j.))
- a) What is the organization’s bottom line this year compared to the last five years?
The division of labor which will result into the general acquisition of knowledge amongst its employees regardless of the rank one is in. Moreover, this is aimed at ensuring that there is the placement of workers in the right job which will increase efficiency, better work quality, time saving, enjoying the economies of scale hence less learning periods. Conversely there will be diverse innovations in the teaching capacity of the teachers which will result into less training strains
- b) What are the utilization rates of the organization’s building(s)? Have they decreased or increased over the past year?
95%. They have increased. The reason for this is because majority of the stakeholders have recognized the fact that in order for them to compete favorably with the already developed institutions in other districts, they need to join hands and learn all it takes in making students excel academically. Moreover there is the mutual sharing of the current academic trends.
c) Has the organization gone out for bids for services such as maintenance, food services, transportation, security, and employee health insurance?
Definitely yes. The main reason for that was because a lot of time used to be wasted in such activities instead of concentrating in activities which makes the school to flourish academically. Furthermore the other reason for that is because academic excellence of the organization is the one which is perceived as being the main driving gear or the one which will foster all that in return.
d) Have sales or production demand declined in the past year?
No. This because its management authority has been ensuring that all the employees is aware and reminded about the objective of its establishment. Equally, the mission of it establishment remains to be the motivating factor. That is to say that the entire institutions are expected to produce the best out of them regardless of the current economic needs.
e) How much does the organization spend on wages and benefits; are those costs open for discussion (union versus non-union facility)? Only if "no," answer:
25%. All of these wages and salaries are open for discussion. The reason for this is to ensure that there is transparency in the organization. Moreover, in case there wasn’t the need of ensuring that all that is open for discussion; chances are that crisis which deals with fraudulent of academic funds was to arise.
f) What is the amount of budget surplus identified in the organization?
g) What cuts, if any, were utilized to create this surplus?
h) Has sales or production demand increased, and is this related to the surplus?
i) What identifiable sources were in place to aid to this surplus (new product, reduction in cost of product, etc.)?
j) What is the projected or forecasted length of time for this surplus to continue?
