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School Finance Team Structure Overview

The DepEd Finance Department oversees the income and expenditures for all DepEd funds. It is led by the Undersecretary for Finance who formulates and monitors DepEd's financial resources. At the regional level, the DepEd Rizal Finance Department has Accounting and Budget Units to analyze financial reports, ensure compliance, and administer funds. School finance departments are responsible for allocating funds, keeping records, preparing for audits, and advising on budgets. Key financial resources for schools include Maintenance and Other Operating Expenses (MOOE) and the Special Education Fund (SEF), which schools must account for transparently on a required board. Other sources include PTAs, canteens, fundraising, and donations

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62 views48 pages

School Finance Team Structure Overview

The DepEd Finance Department oversees the income and expenditures for all DepEd funds. It is led by the Undersecretary for Finance who formulates and monitors DepEd's financial resources. At the regional level, the DepEd Rizal Finance Department has Accounting and Budget Units to analyze financial reports, ensure compliance, and administer funds. School finance departments are responsible for allocating funds, keeping records, preparing for audits, and advising on budgets. Key financial resources for schools include Maintenance and Other Operating Expenses (MOOE) and the Special Education Fund (SEF), which schools must account for transparently on a required board. Other sources include PTAs, canteens, fundraising, and donations

Uploaded by

amiel rivera
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

School Finance Team Structure

A governing body who monitor income


and expenditure for all funds for which
the school is responsible.
DepEd Organizational Chart
DepEd Finance Depatment

Undersecretary for Finance Annalyn M.


Sevilla advises and assists the Secretary of
Education in the formulation,
implementation, and monitoring of
DepEd’s financial resources and project
management services through the Official
Development Assistance (ODA).
DepEd Rizal Organizational Chart
DepEd Rizal Finance Depatment

ACCOUNTING UNIT

Analyzes and attests to the accuracy of accounting records and


reports and provides information.

Ensure that the utilization of funds for basic education is maximized


and compliant with government accounting rules and regulations.

Ensures that financial reports will be fairly presented.

Supervise, facilitate and monitor the work of the accounting


personnel and provide technical assistance to school heads and
implementing units to ensure proper utilization of funds and
preparation of reliable and timely financial reports.
DepEd Rizal Finance Depatment

BUDGET UNIT

Administrative services in personnel and


Records management,
Cash disbursement,
Procurement ,
Security and custody of property and
the maintenance of facilities,
Role of Finance Depatment

In education, Role of Finance Department


includes:
Overseeing the funding for building and grounds,
Employee salaries,
Student programs,
Supplies, and technology.
School Finance Manager

Responsible for allocating school funds and keeping


accurate records, or documents, related to these
expenditures.
To oversee the purchase of supplies, equipment and
services
To prepare for annual and mid-year audits
Provide budget holders with advice on matters relating to
their budgets.
What is FINANCIAL
RESOURCES?
Are funds and assets that finance an organization's
activities and investments.

In simple terms, financial resources are


the monies that keep an organization operating.
SCHOOL FINANCIAL RESOURCES

Two major financial resources of the public schools are:

Maintenance and Other Operating


Expenses (MOOE)
Special Education Fund (SEF).
Maintenance and Other Operating Expenses
(MOOE)
Maintenance and Other Operating Expenses
(MOOE)
Uses of School Maintenance and Other
Operating Expenses (MOOE)
Uses of School Maintenance and Other
Operating Expenses (MOOE)
Uses of School Maintenance and Other
Operating Expenses (MOOE)
Maintenance and Other Operating Expenses
(MOOE)
The MOOE of a school is based on the following factors,
namely: total school enrolment, number of teachers, number of
classrooms.
BONCODIN FORMULA
School’s MOOE = Fixed amount + (Allowable amount x Number of
Classrooms) + (Allowable amount x Number of Teachers) +
(Allowable amount x Number of Learners)
Maintenance and Other Operating Expenses
(MOOE)
There are two components in the formula, the fixed and variable costs. The
fixed amounts for every Elementary School would be P40,000 and for High
School P80,000. The variable costs are the following:
Maintenance and Other Operating Expenses
(MOOE)
Special Education Fund?
Special Education Fund
Special Education Fund
SCHOOL FINANCIAL RESOURCES

To ensure accountability in the use of MOOE,


SEF and other government funds, all
schools are mandated by the Republic Act
9485 also known as “Anti-Red Tape Act of
2007” to post a Transparency Board on MOOE
and SEF expenditures.
SCHOOL FINANCIAL RESOURCES

Other school
Finance Resources:
-Parent-Teacher Association (PTA)
-Canteens
-Fundraising
-Income Generating Projects(IGP)
-Donations

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