MANDATORY BUDGETING PARAMETERS OF LGUs From the book Towards an - TopicsExpress



          

MANDATORY BUDGETING PARAMETERS OF LGUs From the book Towards an INFORMED CITIZENS PARTICIPATION in LOCAL GOVERNANCE By SOCIAL WATCH Philippines supported by UNDP and CSC 1. Total Appropriations shall not exceed the estimates of income. 2. Full Provision shall be made for all contractual and statutory obligations of the LGU. 3. Debt Servicing shall not exceed 20% of the regular income of the LGU. 4. Aid to Barangays shall not be less than One Thousand Pesos (PhP1,000) per barangay. 5. Calamity Fund shall be 5% of the estimated revenue from regular sources. 6. Development fund shall be at least 20% of the LGU’s Annual Internal Revenue Allotment and shall be appropriated for development projects. 7. Personal Services shall not exceed 45% for 1st to 3rd class LGU, and 55% for 4th to 6th class LGU. 8. Discretionary Purposes shall not exceed 2% of the actual receipts derived from basic and real property tax. 9. Intelligence or Confidential Undertakings shall not exceed 30% of the total annual amount allocated for peace and order efforts or 3% of the annual appropriations, whichever is lower (DILG MC No. 99-65 s.1999, as amended). 10. Allocation for the strengthening of the Local Council for the Protection of Children shall be 1% of the Internal Revenue Allotment of the LGU (RA 9344, 2006, Juvenile Justice and Welfare Act) #governance #budget
Posted on: Wed, 07 Jan 2015 01:42:37 +0000

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