MPA 203 (PHILIPPINE LOCAL GOVERNMENT AND FISCAL ADMINISTRATION)

FINAL REQUIREMENTS

REFLECTION PAPER ESSAY: (20 points each)

1. Enumerate the offices responsible in Fiscal Administration and explain their

specific roles. Discuss how these offices collaborate for sound fiscal
administration in the country.

2. Comment on the LGU’s over-reliance on their internal revenue allotment as

source of funding for their development projects. What are its negative effects
and implications?

3. In our present system, richer, larger and more progressive LGUs receive more
internal revenue allotment than the poorer ones, yet these poorer LGUs are the
ones in dire need of assistance. Recommend measures on how this is corrected
or remedied.

4. It is very apparent that not all Filipinos pay their taxes honestly and regularly.
Suggest ways and means on how to encourage people to pay their taxes on time
and correctly.
5. Discuss how civil society organizations, non-governmental organizations, and
people organizations can help LGUs in their fiscal administration.

FINAL EXAM

l. Identify the following:

_____1. It is an executive body under the Office of the President of the Philippines
responsible for the sound and efficient use of government resources for national
development and also as an instrument for the meeting of national socio-economic and
political development goals.

_____2. The obligation of an individual or organization to account for its activities, accept
responsibility for them, and to disclose the results in a transparent manner. It also includes
the responsibility for money or other entrusted property

_____3. To institutionalize reforms for the prudent management of the Budget wherein
the bill enshrines Principles to which any administration must adhere.
_____4. It represents the movement of cash either from the treasury or from an authorized
disbursing officer to the recipient.

_____5. Incurrence of a liability, payment of cash, or transfer of property for the purpose
of acquiring an asset or service or settling a loss using the accrual basis of accounting.
All charges incurred whether paid or unpaid for services rendered or assets purchased.
The benefits may extend beyond the current accounting period.
_____6. Financial transactions or events that decrease assets (such as cash) or
increase liabilities (such as accounts payable) with a corresponding decrease
in owner’s equity.

_____ 7. Portions or balances of any released appropriations which have not been
obligated and disbursed.
_____ 8. It is the act of the head of offices authorized to use savings in their respective
appropriations to provide additional funding to cover an actual deficiency incurred for the
current year in any existing item of their respective appropriations.
_____ 9. The amounts programmed for petroleum, oil and lubricants as well as for water,
illumination and power services, telephone and other communication services and rent
requirements shall be disbursed solely for such items of expenditures.
_____10. An annual financial plan that contains the expected income and expenditures
for programs, projects, and activities. Essentially it is the planning of the use of public
funds.

_____ 11. Its underlying principle is “Public Office is a Public Trust”.

_____ 12. It is the legislative body of the municipality that enacts ordinances, approve
resolutions and appropriate funds for the general welfare of the municipality and its
inhabitants pursuant to section 16 of Local Code

_____ 13. Shall exercise general supervision over local governments to ensure that their
acts are within the scope of their functions.
_____ 14. It is the Local Government Code of the Philippines

_____ 15. Funds that shall be disbursed only for public purposes to be supported by
appropriate vouchers and subject to such guidelines as may be prescribed by law.

II. Enumerate and explain the budgetary requirements and general limitations on
the use of funds. (15 points)

lll. Illustrate and explain comprehensively the budget process. (20 points)