The study proposes to mark a modest attempt in conducting a comprehensive assessment of public and private financing for secondary education in the state of Karnataka in the structure of system of education accounts framework. Drawing on a wide variety of data sources about secondary education, the study analyses the flow of funds from various sources of funding to the full range of intermediate and final users, including institutions and human resources. The analysis examines budget, off-budget and non-budget agents involved directly and indirectly in financing of education. The flow of funds is evaluated through four categories of entities and answers to four key questions in a matrix format: (i) Where does the money come from? That is, financing sources for example central, state or local government revenues, household funds, international organisations and so on. (ii) Who has programmatic responsibilities and manages services? That is, financing agents for example the ministry of education, secondary education boards and others. (iii) To whom does the money go? That is, providers for example the public or private providers such as secondary schools, vocational schools and others. (iv) What services were actually produced? That is, inputs personnel expenses, textbooks, capital investments and others. The flow of resources from different sources would primarily provide us with the information as to which segment of resource is shouldering the responsibility of providing the educational services. The accounts would also throw light on the resource flows for various levels of education. Apart from presenting the resource flow pattern from different sources to various levels of education, the education accounts also try to analyse the use of such resources on different expenditure items within the education sector.
Education accounting, Household expenditures, Education expenditures, Education fees, UN SNA 1993, Financing sources, Financing agents, Providers, Inputs
