Page 25 - Azerbaijan State University of Economics

Dana Ondrušková , Richard Pospíšil: A Comparative Study of Teacher’s Salary Formula
Methods, Case of Regional School Funding

The introduction of a school funding formula brought about the desired results
ranging from transparency to increased efficiency to allocate resources. However,
as the analysis based on flexible budgeting principle shows it cannot contribute to
balancing the strategic long term policy oriented goals. In this respect there is an
ample room for co-ordination work of school profiles and for improving cooperation
between schools and the regional authorities. Education responsibilities of regions
are complex and require serious strategic planning and oversight of many quite
different institutions. In particular, their duty is to phase out old education
programmes, no longer in tune with the expectations of the market and to phase in
new ones, that are more in demand and relevant for future competitive economy
strategies. This makes the allocation of funds extremely difficult and must be
discussed on all the levels of educational process.

REFERENCES

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Caldwell, B, J. Levacic, R. and Ross K. N. (1999). The Role of Formula Funding of
Schools in Different Education Policy Contexts, Needs-based Resource
Allocation in Education. Via formula Funding to Schools, International
Institute for Educational Planning, UNESCO, Paris.
//dx.doi.org/10.1016/S0272-7757(01)00015-2.

Jones, L. (1996). Wildavsky on Budget Reform. Policy Sciences, 29(3), 227-234.
Retrieved from http://www.jstor.org/stable/4532384.
Lee, K. G., Polachek, S. (2018). Do school budgets matter? The effect of budget
referenda on student dropout rates. Education Economics, 26 (2).
//dx.doi.org/10.1080/09645292.2017.1404966.

Fazekas, M. (2012). School Funding Formulas: Review of Main Characteristics and
Impacts. OECD EducationWorking Papers, 74.
//dx.doi.org/10.1787/5k993xw27cd3.

Levacic, R. (2008a). Financing Schools. Evolving Patterns of Autonomy and Control.
Educational Management Administration and Leadership, 36 (2), 221–234.

Levacic, R. (2008b). Funding Schools by Formula, in Nils C. Soguel and Pierre
Jaccard (eds.). Governance and Performance of Education Systems, 205-235.

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