Which stakeholder group is primarily responsible for managing the school budget?

The correct choice identifies board members as the stakeholder group primarily responsible for managing the school budget. Board members play a crucial role in governance within educational institutions, and one of their key responsibilities is to oversee financial management and budget allocation. They engage in strategic planning to ensure that the budget aligns with the school's goals and priorities, and they are accountable for ensuring that funds are utilized effectively for the benefit of the school community.

While teachers contribute to budget discussions by highlighting their needs and priorities, and community members provide input and feedback, they do not have the final authority over budgetary decisions. Similarly, students may express their needs regarding resources but do not have a direct role in managing the budget. Therefore, board members are solely positioned to manage the fiscal policies and ensure responsible financial governance within the school.