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Posted: March 16th, 2022
Budget Reflection
Assessment Description
You have had experience in Topics 1 and 2 with needs assessment and developing a small group budget. Now shift your thinking toward how to create a large group budget that is aligned to the school’s continuous improvement plan (CIP). Becoming familiar with the funding areas and how to align the budget items to the plan is essential when it comes to budgeting.
A responsibility of the principal is learning what the function and object codes are as they relate to categories within the school budget. As a principal, you will be required to allocate funds into these categories to plan for the upcoming year.
Part 1: Reference Sheet
Using your school’s budget and CIP/SIP, develop a reference sheet that identifies a total of 7-10 school budget line items across three or more budget account categories and align them to the school’s vision, mission, and CIP/SIP. Remember the CIP/SIP should drive the budget.
Use the “Reference Sheet Template” to complete this assignment. If you are unable to obtain a copy of the school budget, use the “Arizona Chart of Accounts,” as a resource for account codes and line items.
Part 2: Reflection
On the “Reference Sheet Template,” write a 250-500 word reflection that explains how the budget line items and categories align to the school’s vision, mission, and CIP/SIP. Reflect on why it is the principal’s responsibility to ensure that the budget aligns to the school’s mission, vision, and continuous improvement initiatives.
APA format is not required, but solid academic writing is expected.
This assignment uses a rubric. Review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
You are required to submit this assignment to LopesWrite. A link to the LopesWrite Technical Support Articles is located in Class Resources if you need assistance.
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