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The Implications Of Participatory Budgeting In Illinois K-12 School Districts, Jeremy Larson

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Financial management skills are a necessity for every leader in the work environment. It helps them to make the best choices with the capital resources that are available. Non-profit organizations face the scarcity challenge, and it may be difficult to strike a balance when implementing the budgets. Acquiring financial management skills helps the leaders to carry out a cost-benefit analysis that allows them to determine the departments that need more resources, and as a result, they end up creating development even when faced with financial difficulties. Collaboration is a necessity and an essential aspect of the K-12 budgeting process because …