The purpose of the study was to investigate the Status of Financial Resource Management in Government Secondary Schools of Oromia Special Zone that found in Oromia Regional stste. Descriptive survey design was employed for the study. It was conducted in six secondary schools. These schools were chosen by purposive sampling technique. Data for the study were collected through questionnaire, interview, and document review. Questionnaire was prepared and administered to 54 school management and 62 school community members selected by using availability sampling technique. The club leaders and student representative were selected based on simple random sampling. All schools finance workers and woreda finance workers were interviewed and the analyses of necessary documents were made in all sampled secondary schools. The data collected were analyzed by using percentages, means, and standard deviation and an independent sample t-test used by computing the data on SPSS version 20. The data gathered through open ended questions, interviews and from documents were analyzed qualitatively through narration for the purpose of triangulation. Finally, The study discovery that finance resource management budget come from the government, school internal income, community contribution and NGOSâ€™ support were the main sources of Educational in study schools. The study also found that, the budget preparation, implementation and evaluation process. Lucked the participation of stakeholder, luck of financial skilled man power, lack of relevant train, absence of internal and external auditing activity, engagement of the school management and different duties were major challenges of financial resource management in Oromia Special Zone secondary schools. In conclusion the school lacked active participation of the stakeholders, capable human resource in financial management practicing, financial rule and regulation.rnHence, it is recommended that, Woreda Education office and schools should take measures to improve the participation of stakeholder, employee financially skilled manpower, budget of school should be released on time, schools should report budget performance to the concern bodies, regular auditing should be carried out by the Woreda Education and finance office. Auditing school at least annually in accordance with the guidelines, regulation and principle of the ministry of finance and economic development.