Economics of Education Essay

This attend, critic eithery come offs the germs of gross at Kinondoni municipal along with the budgetary parceling to alternative learningal sector. It provides the major sources of tax income which include exchange G e precisewherenment revenue, Basket store (Donors) and Local political relation revenue which constitute revenue from city improvement levy, straightlacedty tax, advertising and bill boarding fees, requital revenue, and cost sharing. It identifies that pedagogics is the priorities to which the council does consider much in all toldocating their silver.The project reveals the background on the system of support breeding as an essential and critical liberal of investment in developing countries in particular Tanzania. It has shown its signifi lavatoryces with revere to suck upning the system ( presidency) in universal. The significances give the endure to which the regime should take into affection on allocating currency in alternate didactics al department.More over the project has identified the objectives for analyzing the sources of revenue and educational budgetary allocation. These objectives yield been asseverated in such a fashion that, it shows the directory as go onlines for reaching targeted goal(s) for sustainable development.Nevertheless, fount study method and nonsubjective analyze as well as oppugn techniques were employed. The data down been analyzed using tables and figures.1.0. Introduction and Background.Kinondoni Municipal is find in Dar es Salaam City in Tanzania. It is bordered by Indian Ocean to join East, Ilala Municipal to the S bulge outh, Bagamoyo partition to the North, Kibaha District to the West and Kisarawe District to the South West. The Municipal has number of matters and serve to be done/ provided to the association. Among others being education, health services, road spin and maintenances, water services, urban agriculture, power and energy contribute and others of alike. All these services need money to run in effective way so that, the community members could appreciate the concern of the government for their well-being.The Municipal has pot and Mission which the study was interested with, to check out whether argon just worded or are tangible in practical terms. The study eyed particularly to its Mission statement Provision of lumber services to the community through effective and efficient wont of resources, capacity building, good governance and rule of law of nature hence improve the living standard of tidy sum.The project (study) was done at this Municipal to learn the sources of revenue for the Municipal to curter and serve the community efficaciously and efficiently. some other purpose was to check out, how the Municipal allot its lines (Revenue) to secondary educational sector.A source of revenue is a critical problem in running several activities to an individual, family, community and national train respectively. Moreover, d espite the scarcity of farm animal (resources) in servicing the community, there is a problem on proper plans and allocating the present resources in optimal manner. Thus, the wise decisions on how to use the present resources in its scarcity is very important particularly for developing countries like Tanzania.Another aspect towards this study (project) was to tick the way the sources of revenue are collected. On this activity, it is the point at which observe of revenue collection should be interpreted into consideration for effective operation. Furthermore, this exercise need humanitarian pipe dream than personal essence so that, the fruits will be for the community as large. there are devil significances of doing this project. First was to determine the sources of revenue to the Municipal in order to understand the position of Municipal and the Government in oecumenic in its strengths and weaknesses so as to address recommendations to be taken for better performance in future.Second was to assess the allocation of the funds in secondary educational sector. From this, allocation of fund will realize the choices for most of the councils in Tanzania and the way investment aspects are taken into account peculiarly 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 literary works reviews in respective to the study (project). The literature review is mostly on sources of revenue, financing systems, administration, subroutines of the state and recommended suggestions.Galabawa (1985, p. 1) claimed that, Tanzanias plan for extending educational opportunities and improving the theatrical role of education are often hampered by the control resources to educational industry. This realizes that, the problem reso urces in preparation of education in Tanzania is a problem that exists and needs a solution on how to go most in order to reduce the burden from the government to ensure more educational opportunities and improve the gauge of education.More emphasis on quality of education has been described by Michaelowa. The author tried to send 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 long time teachers are absent from school (ABSENCE), and teachers self describe job satisfaction (MOTIVATION) have significant coefficients of the expect negative and positive sign respectively (Michaelowa, 2001, p. 1707).If the education industry is running short of resources to improve gravel and quality of education, and if the responsible persons needs to be do for effective teaching, means this industry need to be financed. The financing can be determined by number of factors as quoted from the ar ticle that, The policies of financing education in any uncouth reflect the countrys ideology. Although Tanzanias education policies emphasized quality of opportunity and access, they also vary from environment general at specific time (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 various sources of education revenue. These sources can be divided into four broad categories Fiscal sources ser charges including various forms of cost recovery and cost sharing pupil loan 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 Gala bawa (2007, p. 2) portrayed that, The price of education can, and then be influenced by the government decision which intrench on issues of supply of education services the allocation and distribution of resources amidst diametric levels or different courses the choice between different methods of financing education and student support or even between different methods of schooling.Therefore, this clarifies the position of the Government in provision of education in the country to discover 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 accompaniment to generate consistent and reliable disbursements sh ould be taken into consideration for sustainable development.Besides literature review, cheek study was employed during the project. The study was done in Kinondoni Municipal. Therefore purposeful take in technique was used.The project had two variables namely, dependent variable which is budget allocation, and item-by-item 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 rudimentary criteria guiding for sources of revenue and budget allocation in secondary educational sector (Null hypothesis).Field visit, banter 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 officer these were obtained using purposeful sampling in order to get correct information. The documentary review involved reviewing various documents concerning sources of revenue and general allocation (budget) of the fund to secondary educational sector. alike an interview was conducted in brief 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.