Funding of school education in the Slovak Republic

This chapter is about the funding of school education. It deals with the level of resources available for school education and revenue sources. Furthermore, it discusses budget planning, the monitoring of funds’ use as well as incentives for the effective use of school funding. The chapter places particular emphasis on areas of priority for the Slovak Republic such as the low levels of public expenditure on education, funding incentives to improve the effectiveness of the school network, equity implications of funding approaches, and the public funding of non-state schools. Special attention is given to the analysis of the formula used to fund individual schools in the Slovak Republic. The chapter also reviews the autonomy of schools in the use of their funding, the management of school budgets and parental contributions.