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    SK Resolution No. 2024-005

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    Yvonne Jane Tanate

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    © All Rights Reserved
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    SK Resolution No. 2024-005

    Uploaded by

    Yvonne Jane Tanate
    43 views2 pages

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    43 views2 pages

    SK Resolution No. 2024-005

    Uploaded by

    Yvonne Jane Tanate

    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 Philippines

    Province of Iloilo
    Municipality of Guimbal
    OFFICE OF THE SANGGUNIANG KABATAAN
    BARANGAY BULUANGAN

    SK RESOLUTION NO. 2024-005

    A RESOLUTION AUTHORIZING THE OPENING OF THE BARANGAY BULUANGAN


    SANGGUNIANG KABATAAN, MUNICIPALITY OF GUIMBAL, PROVINCE OF ILOILO
    AT THE DEVELOPMENT BANK OF THE PHILIPPINES, ILOILO BRANCH AND
    AUTHORING SANGGUNIANG KABATAAN CHAIRPERSON HON. YVONNE JANE G.
    TANATE AND SANGGUNIANG KABATAAN TREASURER REMM DEOSSAH G. DANIEL
    AS SIGNATORIES WITH THE DEVELOPMENT BANK OF THE PHILIPPINES, ILOILO
    BRANCH SPECIFYING THEIR OFFICIAL SIGNATURE RELATIVE TO THE
    SANGGUNIANG KABATAAN TRANSACTION WITH THE BANK

    WHEREAS, Republic Act 10742 or the SK Reform Act of 2015 states that 10% of the general fund
    of the barangay shall set aside for the SK. The Sangguniang Barangay shall appropriate the SK funds
    in a lump sum, which shall be disbursed solely for youth development and empowerment;

    WHEREAS, further, Section 20 (b) of the Republic Act 10742 states that the SK shall have financial
    independence in its operations, disbursements and encashment of the funds, income and expenditures.
    As such the SK funds shall be deposited in the name of the SK of the concerned barangays in a
    government owned bank situated in or nearest to its area of jurisdiction with the SK Chairperson and
    SK Treasurer as the official signatories;

    WHEREAS, item 3.2.2 of the DBM-DILG-NYC JMC No, 1 series of 2019 provides that for
    efficiency and economy purposes, it is strongly encouraged for the SK to open and maintain a
    depository account in the same bank and branch of the barangay;

    NOW, THEREFORE, BE IT RESOLVED, AS IT IS HEREBY RESOLVED, BY THE


    SANGGUNIANG KABATAAN OF BARANGAY BULUANGAN, MUNICIPALITY OF
    GUIMBAL, PROVINCE OF ILOILO BY VIRTUE OF THE POWERS VESTED IN IT BY
    LAW, IN SESSION ASSEMBLE THAT:
    SECTION 1. The SK Buluangan is hereby authorized to open a new peso deposit account with the
    DBP-Iloilo Branch

    SECTION 2. It is authorize the herein SK Buluangan officials as authorized signatory of the Bank, as
    follows:
    a. HON. YVONNE JANE G. TANATE, SK-Buluangan Chairperson
    b. MS. REMM DEOSSAH G. DANIEL, SK-Buluangan Treasurer

    RESOLVED FURTHER, to furnish copy of this resolution to the Development Bank of the
    Philippines-Iloilo Branch and all concerned offices for their information and guidance.

    UNINAMOUSLY APPROVED.

    I hereby certify to the correctness of the foregoing resolution.

    GENICA DE LA CRUZ
    Secretary, Sangguniang Kabataan

    ATTESTED:

    YVONNE JANE G. TANATE


    Chairperson, Sangguniang Kabataan

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