Economics of Education Essay

This project, particularly canvass the sources of revenue enhancement at Kinondoni municipal along with the budgetary apportioning to substitute teaching methodal celestial sphere. It provides the major sources of revenue which include Central administration revenue, Basket fund (Donors) and Local g everyplacenment revenue which constitute revenue from city service levy, property tax, advertising and bill boarding fees, allowance revenue, and cost sharing. It identifies that education is the priorities to which the council does consider much in allocating their money.The project reveals the oscilloscope on the system of financing education as an essential and lively kind of enthronization in developing countries particularly Tanzania. It has shown its signifi crumbces with respect to travel rapidly the system (government) in general. The significances give the stand to which the Government should take into amity on allocating specie in secondary educational department . more over the project has identified the objectives for analyzing the sources of revenue and educational budgetary assignation. These objectives have been express in such a way that, it shows the directory as guidelines for reaching targeted goal(s) for sustainable development.Nevertheless, case accept method and documentary review as healthy as interrogate techniques were employed. The data have been analyzed using tables and figures.1.0. intromission and Background.Kinondoni Municipal is located in Dar es Salaam City in Tanzania. It is bordered by Indian Ocean to North East, Ilala Municipal to the South, Bagamoyo rule to the North, Kibaha District to the West and Kisarawe District to the South West. The Municipal has number of matters and operate to be through/ provided to the corporation. Among others macrocosm education, health services, road construction and maintenances, wet services, urban agriculture, power and energy supply and others of alike. All these service s take away money to run in efficient way so that, the companionship members could appreciate the concern of the government for their well-being.The Municipal has vision and missionary work which the see was interested with, to check out whether argon just worded or be real in practical terms. The study eyed particularly to its Mission statement Provision of quality services to the community through effective and efficient use of resources, capacity building, good governance and rule of uprightness hence improve the living standard of people.The project (study) was done at this Municipal to identify the sources of revenue for the Municipal to curter and serve the community effectively and efficiently. Another purpose was to check out, how the Municipal allocate its funds (Revenue) to secondary educational sector.A source of revenue is a critical problem in running several activities to an individual, family, community and national level respectively. Moreover, despite the sca rcity of fund (resources) in servicing the community, there is a problem on proper plans and allocating the present resources in optimal manner. Thus, the insolent decisions on how to use the present resources in its scarcity is very all important(p) particularly for developing countries like Tanzania.Another aspect towards this study (project) was to work the way the sources of revenue are earned. On this activity, it is the point at which monitor of revenue collection should be taken into consideration for effective performance. Furthermore, this turn unavoidably humanitarian aspiration than personal essence so that, the fruits allow be for the community as large. in that respect are two significances of doing this project. jump was to project the sources of revenue to the Municipal in order to understand the survey of Municipal and the Government in general in its strengths and weaknesses so as to address recommendations to be taken for better performance in future. he artbeat was to assess the parcelling of the funds in secondary educational sector. From this, storage allocation of fund will realize the choices for most of the councils in Tanzania and the way investment aspects are taken into account especially educational investment, hence improvements to be made in a long run.The objectives of this project were as followsi) To determine the sources of revenue for Kinondoni Municipal.ii) To assess the budget allocation to Secondary educational sector in Kinondoni Municipal.The project presents diverse publications reviews in respective to the study (project). The literature review is mostly on sources of revenue, financing systems, administration, roles of the state and recommended suggestions.Galabawa (1985, p. 1) claimed that, Tanzanias plan for extending educational opportunities and improving the quality of education are much hampered by the limited resources to educational application. This realizes that, the problem resources in su pplying of education in Tanzania is a problem that exists and needs a answer on how to go about in order to reduce the inwardness from the government to ensure more educational opportunities and improve the quality of education.More emphasis on quality of education has been described by Michaelowa. The root tried to identify the areas which need to be checked to ensure that are taken into considerations for the consequences in anyhow. The author argued that, The number of days teachers are transfer from school (ABSENCE), and teachers self reported job satisfaction (MOTIVATION) have portentous coefficients of the expected negative and positive sign respectively (Michaelowa, 2001, p. 1707).If the education industry is running short of resources to improve access and quality of education, and if the responsible persons needs to be motivated for effective teaching, means this industry need to be financed. The financing can be determined by number of factors as quoted from the artic le that, The policies of financing education in any country consult the countrys ideology. Although Tanzanias education policies emphasized quality of prospect and access, they also vary from environment prevailing at specific epoch (Galabawa, 1994, p. 37)This literature review has contributed much on this project since objectives stated can be revealed particularly on sources of revenue. According to Galabawa (2007, p. 3), There are mixed sources of education revenue. These sources can be divided into four broad categories monetary sources ser charges including various forms of cost recovery and cost sharing student bestow when constituted as a revolving fund which generates income out of which loans are offered to students and various forms of community contributions.The fiscal sources include general taxes earmarked taxes taxes on With regards to education as an investment, and sources of educational revenue, the government has to play its role for sustainable development Ga labawa (2007, p. 2) pictured that, The price of education can, therefore be influenced by the government decision which impinge on issues of supply of education services the allocation and diffusion of resources in the midst of different levels or different courses the choice between different methods of financing education and student support or even between different methods of schooling. because, this clarifies the position of the Government in provision of education in the country to assure access and proper allocation of funds in different sectors. Property salaries and sales and different types of levies.For all matters being discussed concerning sources of revenue, educational revenue, budgetary allocation and the role of the government on educational investments and other sector, to have sustainable implementation of plans and to build capacity on fund management, accountability, effective audit and formula funding to generate in variable and reliable disbursements should be taken into consideration for sustainable development.Besides literature review, case study was employed during the project. The study was done in Kinondoni Municipal. Therefore purposeful sampling technique was used.The project had two variables namely, dependent variable which is budget allocation, and independent variable which is source of revenue. With these variables the hypotheses of this project were as follows(i) There is a significant relationship between sources of revenue and budget allocation in secondary educational sector (Alternative hypothesis).(ii) There are no basic criteria guiding for sources of revenue and budget allocation in secondary educational sector (Null hypothesis).Field visit, discussion and interview.The list of tools used to collect information and guide the field interview and discussion were documentary review and Interview. The targeted personnel were Municipal economist and district secondary educational officeholder these were obtained using purposeful sampling in order to get illuminate information. The documentary review involved reviewing various documents concerning sources of revenue and general allocation (budget) of the fund to secondary educational sector. Also an interview was conducted in apprize way with the Municipal economist and district secondary educational officer. The interview was basically on the way they get fund for running the Municipal to curter and serve the community. Moreover, the questions on what are the major criteria for allocating the fund and challenges they face on all matters concerning sources of revenue and allocation of fund in general were asked.