Effect of Revenue Generation Strategies on Operation Efficiency in Public Secondary Schools in Londiani Sub-County
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Abstract
Secondary education plays a central role in the socioeconomic development of a country by building its human capital. This role can only be fulfilled if secondary schools in the country are able to run their operations efficiently. It is in this regard that this study sought to examine the effect of revenue generation strategies on the operational efficiency of secondary schools in Londiani Sub-County. It made use of the correlation research design and targeted 88 individuals comprising of school principals, deputy principals, bursars, and BOM chairpersons of 22 public secondary schools in Londiani Sub-County. The census approach was used where all the 88 individuals that formed the target population were involved in the study. Data was gathered using semi-structured questionnaire, which were piloted in one of the public secondary schools in Londiani. Validity of the questionnaire was enhanced by consulting subject matter experts at St. Paul University while reliability was assessed by analysing pilot test data using the Cronbach alpha method. Quantitative data was analysed using descriptive statistics such as percentages and mean as well as the simple linear regression method with the aid of Statistical Packages for Social Sciences (SPSS) version 25. Qualitative data was assessed using thematic content analysis technique. Results showed that revenue generation strategies (r2= .382, β= .625, t= 6.793, p<.000) have a positive and statistically significant effect on the operational efficiency of the public secondary school. Schools that have diverse and reliable sources of revenue are likely to operate more efficiently than those with limited sources. Based on the findings, the study recommends that school administrators should diversify their sources of revenues to reduce their dependency on school fees and FDSE funds leading to greater operational efficiency.
Keywords: Revenue generation, operational efficiency, secondary schools, financial management.