FINANCIAL MANAGEMENT STRATEGIES AND SCHOOL PERFORMANCE IN GOVERNMENT SECONDARY SCHOOLS IN LUUKA DISTRICT, UGANDA

Abstract

This study investigated the relationship between financial management strategies and school performance in government secondary schools in Luuka District, Uganda. It sought the relationship between budgeting; resource mobilization, expenditure control and school performance in government secondary schools in Luuka District was. A cross-sectional survey research design was adopted with the aid of both quantitative and qualitative approaches. A sample size of 95 (80 teachers, 5 head teachers, and 10 Board of Governors) respondents in Luuka District was used, but 91 responses were obtained. The study found out that there is a weak statistically significant relationship between budgeting and school performance in government secondary schools (r= 0.285** p > 0.05), there is a weak statistically significant relationship between resource mobilization and school performance in government secondary schools (r= 0.289**p < 0.05), and that the statistically significant relationship between expenditure control and school performance in government secondary schools is weak (r= 0.251** p < 0.05) in Luuka District. The study concluded that: budgeting; resource mobilization and expenditure control are fundamental factors in enhancing school performance in government secondary school. The study recommends sufficient budgeting allocations to secondary schools for the essential operational and infrastructural needs; there should be strong partnerships between schools, local communities and parents for effective mobilization for additional resources; Schools should develop and adhere to clear budgeting procedures that outline how funds will be allocated and spent.