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Income and expenses at school.
Schools have different incomes and expenses. Each school must make choices with that money. Those choices affect the education and the way the school works.
Income and expenses
There are different ways schools get money: lumpsum, money for tailored education, subsidies and project funds, and also through the voluntary parental contribution or for example crowdfunding and sponsorship. Some funds are only for specific goals, while other money can be used more widely.
Making choices
Each school makes its own choices in spending this money. These choices are important for education. Does the school choose for a teaching assistant to help the teacher? Or smaller classes? Or does the money go to laptops or a cleaning team? Do you want to know about the income and expenses at school? Then the OCW in figures website from the ministry gives more information.
Financial policy and budget
Every four years many school governing bodies make new financial policy. Based on that policy the school governing body and schools make an annual budget. The school participation council participates in the long-term financial policy.
Related Subjects
Sponsoring of schools
A school can receive extra money through sponsoring. A company or institution then gives goods, services or money to the school in exchange for advertising.
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