Budget Preparation SK Annual Budget
Budget Preparation SK Annual Budget
Budget Preparation SK Annual Budget
Administration
The Barangay Budget and the Budget
Process
POWER TO ALLOCATE
RESOURCES
What is the legal basis for barangay
budgeting?
Accountability Authorization
Sangguniang
SK Chairperson
Kabataan
Review
Execution Sangguniang Bayan
SK Chairperson Thru MBO
BUDGET
PREPARATION
BUDGET PREPARATION
Who Prepares the Budget?
Mandatory Allocations
Mandatory Allocations
20% of the IRA shall be used for priority development projects
Mandatory Allocations
Punong Barangay
Appropriations
Ordinance
enacts the budget on or before the Sangguniang Barangay
end of the current FY
STEPS IN BUDGET AUTHORIZATION
Presentation Of The Executive
Budget to the SB
PUNONG BARANGAY
BUDGET AUTHORIZATION
EFFECTS OF FAILURE TO
ENACT BUDGET
FILLING up of
POSITIONS
CHANGES ON THE
ANNUAL BUDGET
GAO within
10 DAYS
ANNUAL after
BUDGET enactment
SUPPLEMENTAL
BUDGET
PURPOSE
Compliance
budgetary requirements and general
limitations
budget shall not exceed the estimated
receipts/income
item of appropriations are not
more than those provided by
law
SANGGUNIANG
BAYAN
SANGGUNIANG
PANLUNGSOD Thru
BUDGET REVIEW
CONFLICT IN BUDGET
REVIEW
BUDGET REVIEW
BUDGET
EXECUTION
BUDGET EXECUTION
(Jan. 1 – Dec. 31)
The PUNONG
BARANGAY
is responsible for the
execution of
Barangay Budget
BUDGET EXECUTION
The PUNONG BARANGAY shall ensure that:
• Revenues as estimated are realized;
• Approved development projects and basic services
are implemented and delivered;
• Barangay funds are disbursed in accordance with
the appropriation ordinance(GAO) and reviewed
annual budget; and thru the SARO
• All financial transactions of the barangay follow
accounting and auditing rules.
BUDGET EXECUTION
Process Flow
GAO and
Prepare Cash
reviewed Prepare SARO
Program
annual budget
Prepare
Prepare Prepare
Quarterly
Disbursement Obligation
Performance
Voucher Request
Targets
PS
Revert to the General Fund
MOOE
20% Dev’t
Fund
from completed
or discontinued
projects
BUDGET EXECUTION
Basic Policies
PETTY CASH FUND
A small amount of cash given to a BT or DO for direct
purchase or for payment of ordinary and essential needs of
the barangay
Basic Policies