Abstract:
The purpose of this study was to assess the practices and challenges in financial resource
mobilization and utilization in government secondary schools of East Shoa zone, Oromia
regional state. For this study, descriptive survey research design was employed to gather both
quantitative and qualitative data. The participants of the study were 60 department heads, 20
school leaders, 10 PTA members, and 5 school accountants. The participants were selected
among five secondary schools of East Shoa Zone by purposive sampling techniques and
availability sampling techniques. Questionnaires, interview, and document analysis were used
as instrument of data collection. The quantitative data were analyzed by using descriptive
statistics (frequency, percentage, mean and average mean,) and inferential statistics (t-test). In
addition to that the qualitative data that were obtained from interview and document analysis
were analyzed in words. The major findings indicated lack of qualified persons in the area.
Knowledge, skill and experience gaps were major problems in financial resource mobilization
and utilization practices in the study area. On top of that, lack of training, absence regular
auditing, and lack of transparency on the budget planning were other constraints in financial
resource mobilization and utilization of the secondary schools. Based on the findings the
following conclusions were drawn. Incompetent finance personnel and school principals of
employee on the position led the schools not to be successful in their financial resource
mobilization and utilization. Absence of participation of stakeholder also affected the
utilization of financial resources and the contribution of stakeholders to increase the
educational finance. Lack of transparency inhibits the contribution of stake holders in the
schools. Irregular auditing hinders schools’ not to be effective in financial resource
mobilization. To improve this problem, Woredas Education Office should impose the schools’
leaders to participate stakeholders in schools financial resource allocation , School principals and
PTA members should motivate stakeholders in order to participate in the financial
mobilization and utilization activities and create harmonious relationship, Woreda education
office finance expert should facilitate experience sharing between secondary schools of
principals, school finance personnel and PTA committee on budget plan preparation and
implementation systems ,Woredas Education office planning personnel, finance office auditors
and high school supervisors should make consistent monitoring and supervision; and give
technical support to school leaders. PTA committee members should follow the school
financial resource and take immediate corrective measures to improve problems that will
encounter in actual work at school level, all concerned bodies, such as the Oromia
Educational Bureau, and the Woreda Education Office being together should improve
capacity problems of schools financial personnel through short and long term training, so as
to achieve the objectives of educational sector development program practically.