BUDGETING/FUND

ALLOCATION
Budgeting/Fund Allocation

• How does government process BUDGETING?

• How does fund allocation goes?
• Discuss the process from planning,
distribution of funds from national to local
government, compliance and auditing,
• What is internal revenue allotment given to
lgus
 THE BUDGET PROCESS

The government's estimates of the

national budget, also known as the
government budget, within a fiscal year,
the sources and purposes of
government funding.
The national budget's development and
eventual use is explained in the Budget
cycle.

The Philippine budgeting procedure is

divided into four phases:

1. Budget Preparation.
2. Budget Legislation.
3. Budget Execution.
4. Budget Accountability.
 BUDGET
PREPARATION

1. Budget Call
2. Budget Hearing
3. Presentation of the Office of the President
 1. Budget Call

The Department of Budget and

Management (DBM) releases a
Budget Call to all government
agencies to signal the beginning
of budget preparation.
 2. Budget Hearing

After the agencies submit their budget

proposals, budget hearings are
performed.
The DBM considers the budget plans,
formulates suggestions, and compiles the
considered proposals.
The DBM then presents the President
with the proposed budget.
3. Presentation of the Office of the President

The proposed budget is reviewed by

the President and members of the
Cabinet.
The DBM completes the budget
documents to be submitted to the
Congress after the President accepts
the proposed budget. Currently, the
budget proposal is referred to as the
"President's Budget".
 BUDGET LEGISLATION

* HOUSE DELIBERATIONS
- TIME FRAME: August to November.
INVOLVED: Congress, Department
and Agencies
OBJECTIVE:
Middle
Class
Craft General
Appropriations Bill (GAB)
* SENATE DELIBERATIONS
- TIME FRAME: August-
November
INVOLVED: Congress,
Department and Agencies
OBJECTIVE: Deliberate and
ammend GAB
* BICAMERAL DELIBERATIONS

- TIME FRAME: August-November

INVOLVED: Bicameral Committee
OBJECTIVE: Submit harmonized GAB
* * RATIFICATION AND
ENROLLMENT

- TIME FRAME: August-November

INVOLVED: Legislative Body
President and DBM
OBJECTIVE: Review and Ratify GAB
and Veto Message
* ENACTMENT

- TIME FRAME: December

INVOLVED: President
OBJECTIVE: Sign Generam
Appropriations Act (GAA)
BUDGET EXECUTION

Primarily the function of the Depart of Budget and

Management (DBM) , which is tasked to perform the
following procedures, namely:

• to issue the programs and guidelines for the release of

funds.
• to prepare an Allotment and Cash Release Program.
• to release allotments.
• to issue disbursement authorities.
 BUDGET ACCOUNTABILTY
• Final phase is the final phase of the budget process.
• this is when the agencies report their actual physical and financial performance

PERFORMANCE INDICATOR

•the assessment of the physical achievements of an agency

COA (COMMISSION ON AUDIT)

•government body tasked with looking at the legality, propriety and accuracy of
government financial transactions

NATIONAL GOVERNMENT BUDGET

•also known as simply “budget’’

•refers to the totality of the budget of various department of the national government
 What is internal revenue allotment
given to igus?
The Internal Revenue Allotment (IRA) is a local government unit's (LGU) share of revenues from
the Philippine national government.
- Provinces,
- independent cities,
- component cities,
- municipalities, and
- barangays (get a separate allotment).

The allotment is largely based upon the type of government they are and a formula based upon
their land area and population.
Section 284 of the Local Government Code of the Philippines (RA 7160) sets up the formula for
the distribution of the allotment.
- to provide a fair and equitable distribution of national tax revenues to LGUs, taking into account
their respective needs and capacities.

Along with the allocation of a portion of the IRA to the Sangguniang Kabataan (SK) or youth
council
- reflects the importance of involving youth in local governance and community development
initiatives.
 Thankyou
We are Group 1
PUBLIC FINANCE

PRESENTED BY:
CARIÑO, RODRICARL
DALUZ, MISSY ANGEL
DE LEON, EDWARD
LIBRE, JANSEN MARK
MARIANO, JASMIN
PANDAAN, ROXXANNE
SANTOS, ALYSSA MARIE
SARMIENTO, TRICIA LYN
ZABLAN, JAN DENVER