Effectiveness of Implementing Education Financing Principles in Elementary Schools

Abstract

This research aims to describe the effectiveness of implementing the principles of education financing in elementary schools. The research method in this scientific article is a qualitative method with a literature study approach (Library Research). Sources used as references are books, online scientific articles from Mendeley and Google Scholar. The research method for this scientific article is the library research method or library study. Namely studying literary books in accordance with the theories discussed in the topic of Nasution and Suharsimi's article (Nasution, 2002). Apart from being bibliographic in nature, this research is also qualitative in nature. Because what is produced is descriptive analytical in nature. Namely explaining the problem as it is based on authoritative reference sources in the field of education, according to the theory studied (A. Suharsimi, 2013).   The research results show that: The application of effective financing principles can make it easier for schools to achieve their stated goals. Activities for implementing the application of financing principles carried out in elementary schools include: analysis of financing principles, setting goals, and applying financing principles.   In analyzing financing principles, the school conducts a study of the principles that can influence financing in elementary schools.   Four general principles for managing education funds are justice, efficiency, transparency and public accountability. The goal setting stage of applying financial principles is to increase the value or wealth of the school in the long term. The final stage is the application of financing principles. This stage is important to ensure efficient resource allocation and appropriate decision making regarding the application of financing principles. With this budget, the school can carry out the programs and activities that have been planned.   Therefore, all programs and activities that have been planned must be included in the school's activity plan and budget.Key