IMPACT OF BUDGETING AND BUDGETARY CONTROL ON THE PERFORMANCE OF LASBELA UNIVERSITY OF AGRICULTURE, WATER AND MARINE SCIENCES (LUAWMS)

Abstract

The study was carried out to investigate the effects of budgeting and budgetary control on the performance of Lasbela University of Agriculture, Water and Marine Sciences (LUAWMS), emphasizing financial planning resource allocation and institutional accountability. This study utilized correlation and regression analysis of budgeting practices and dichotomous institutional outcomes (student success, and HEC rankings) through a quantitative research design which analyzed survey data from faculty, administrators, financial officers. Sachi Tembo et al. (2003), were in line with this view when they argued that budgetary control effectiveness improved the financial management and performance of institutions, as over expenditure on administrative costs and misallocation of resources had the opposite effects on outcomes. Results indicate the necessity of implementing performance-based budgeting, participatory planning and zero-based budgeting to better financial governance. The study includes policy and research implications for policymakers, university administrators, and constituents who can assist to support more effective financial decision-making and institutional effectiveness in higher education