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    Resolution For Landbank

    Uploaded by

    Jan Rex Yunzal
    This resolution designates LandBank Baybay branch as the official depository bank for the Sangguniang Kabataan (SK) funds. It authorizes the SK Chairperson and SK Treasurer to deposit, withdraw, or deal with LandBank Baybay on behalf of the federation. The resolution was unanimously approved on March 10, 2022. It aims to provide the SK with financial independence in operating, disbursing, and cashing its funds as required by law.

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    Resolution For Landbank

    Uploaded by

    Jan Rex Yunzal
    318 views2 pages
    This resolution designates LandBank Baybay branch as the official depository bank for the Sangguniang Kabataan (SK) funds. It authorizes the SK Chairperson and SK Treasurer to deposit, withdraw, or deal with LandBank Baybay on behalf of the federation. The resolution was unanimously approved on March 10, 2022. It aims to provide the SK with financial independence in operating, disbursing, and cashing its funds as required by law.

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    Resolution for Landbank

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    This resolution designates LandBank Baybay branch as the official depository bank for the Sangguniang Kabataan (SK) funds. It authorizes the SK Chairperson and SK Treasurer to deposit, withdraw, or deal with LandBank Baybay on behalf of the federation. The resolution was unanimously approved on March 10, 2022. It aims to provide the SK with financial independence in operating, disbursing, and cashing its funds as required by law.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    318 views2 pages

    Resolution For Landbank

    Uploaded by

    Jan Rex Yunzal
    This resolution designates LandBank Baybay branch as the official depository bank for the Sangguniang Kabataan (SK) funds. It authorizes the SK Chairperson and SK Treasurer to deposit, withdraw, or deal with LandBank Baybay on behalf of the federation. The resolution was unanimously approved on March 10, 2022. It aims to provide the SK with financial independence in operating, disbursing, and cashing its funds as required by law.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Republic of the Phi lippines

    Province of Leyte
    City of Baybay
    Barangay ____________
    OFFICE OF THE SANGGUNIANG KABATAAN

    Resolution No. ___ Series of _______


    A RESOLUTION DESIGNATING LANDBANK BAYBAY BRANCH AS THE OFFICIAL
    DEPOSITORY BANK OF THE SK FUNDS AND AUTHORIZING SK CHAIRPERSON HON.
    ___________ AND ________________ SK TREASURER TO DEPOSIT, WITHDRAW OR
    DEAL WITH LANDBANK-BAYBAY IN BEHALF OF THE FEDERATION

    WHEREAS, In accordance with Section 20 (a) of the SK Reform Act of 2015 (Republic Act
    [RA] No. 10742), ten percent (10%) of the general fund of the barangay shall be set aside for
    the SK. The Sangguniang Barangay shall appropriate the SK funds in lump-sum, which shall be
    disbursed solely for youth development and empowerment purposes.

    WHEREAS, A Joint Memorandum Circular (JMC) No. 1 Series of 2019 of the Department
    of Budget and Management (DBM), Department of the Interior and Local Government (DILG)
    and the National Youth Commission was issued to prescribe the guidelines on the
    appropriation and release of the SK Fund, provide for the planning and budgeting process for
    the SK, and emphasize the concomitant posting requirements to enhance transparency and
    accountability.

    WHEREAS, Section 20 (b) of the same law provides that the SK shall have financial
    independence in its operations, disbursements, and encashment of their fund, income, and
    expenditures. As such, the SK funds shall be deposited in the name of the SK of the concerned
    barangay in a government-owned bank situated in or nearest to its area o jurisdiction with the
    SK chairperson and the SK treasurer as the official signatories.

    WHEREAS, the council is respectfully passing through this resolution to designate


    LandBank Baybay branch as the official depository bank of the SK funds and authorizing the SK
    CHAIRPERSON ________________ and _____________ SK TREASURER to deposit, withdraw
    or deal with LandBak-Baybay in behalf of the federation.

    NOW THEREFORE, be it resolved and it is hereby resolved to designate LandBank


    Baybay branch as the official depository bank of the SK funds and authorizing the SK
    CHAIRPERSON ________________ and _____________ SK TREASURER to deposit, withdraw
    or deal with LandBak-Baybay in behalf of the federation.

    RESOLVED FURTHER, that copy of this resolution be given to the Office of Sangguniang
    Kabataan in the Barangay, Office of the Punong Barangay, copy furnish the DILG – Local
    Government Operations Office, Baybay City Budget Office, Commission on Audit Office,
    Accounting Office, Baybay City Treasurer’s Office, the SK Federation Office, and the Baybay City
    Youth Development Office.
    Approved this 10nd day of March 2022.

    Approved unanimously.

    I HEREBY CERTIFY the correctness of the foregoing resolution Designating LandBank Baybay
    Branch as the Official Depository Bank o the SK Funds and Authorizing SK CHAIRPERSON
    ________________ and _____________ SK TREASURER to deposit withdraw or deal with
    LandBank-Baybay in Behalf of the Federation.

    _______________
    SK SECRETARY

    CERTIFIED CORRECT AND DULY ADOPTED:

    ___________________________
    SK CHAIRPERSON

    ___________________ ______________________
    SK TREASURER SK KAGAWAD

    ___________________ ______________________
    SK KAGAWAD SK KAGAWAD

    ___________________
    SK KAGAWAD

    NOTED BY:

    _________________________________
    SK FEDERATION PRESIDENT
    SP Ex-Officio Member on Youth Development and SK Affairs

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