Resolution Annual Budget Final
Resolution Annual Budget Final
Resolution Annual Budget Final
EXCERPT FROM THE MINUTES OF THE REGULAR SESSION OF THE SANGGUNIANG KABATAAN OF BARANGAY, CAMBUGSA,
HINIGARAN, NEGROS OCCIDENTAL HELD LAST MARCH 3, 2024 AT SK HALL AT 1:00PM.
PRESENT:
ABSENT: NONE
RESOLUTION APPROVING THE SK ANNUAL BUDGET FOR FISCAL YEAR 2024 OF THE SANGGUNIANG KABATAAN OF BARANGAY
CAMBUGSA, HINIGARAN, NEGROS OCCIDENTAL AMOUNTING TO TWO HUNDRED EIGHTY FOUR THOUSAND EIGHT HUNDRED
TWENTY-TWO PESOS (PHP 284,822).
WHEREAS, in accordance to Section 20 (a) of Republic Act No. 10742, otherwise known as the “Sangguniang Kabataan Reform Act
2015” and its implementing rules and regulations, ten percent (10%) of the general fund of the barangay shall be set aside for the
Sangguniang Kabataan, which shall be disbursed solely for youth development and empowerment purposes;
WHEREAS, Section 20 (b) of the same law provides that the Sangguniang Kabataan shall have financial independence in its
operations, disbursements, and encashment of their fund, income and expenditures
WHEREAS, Section 3.3.2.1 of the Joint Memorandum Circular (JMC) No. 1, Series of 2019, issued by the Department of Budget and
Management (DBM), Department of the Interior and Local Government (DILG) and the National Youth Commission (NYC), mandates
that “the SK Annual Budget, which is the financial plan embodying the estimates of the income and expenditures of the SK for one
(1) fiscal year, shall be prepared in accordance with the approved ABYIP;
WHEREAS, Section 3.3.2.3 of the aforementioned JMC states that, “in preparation of the SK Annual Budget, priority should be given
to youth development and empowerment programs, projects and activities in accordance with the Philippine Youth Development
Plan and Local Youth Development Plan as embodied in the approved Comprehensive Barangay Youth Development Plan and Annual
Barangay Youth Investment Program;
WHEREAS, the Sangguniang Kabataan of Barangay Cambugsa prepared the SK Annual Budget for FY 2024 in accordance to the
approved ABYIP FY 2024;
NOW THEREFORE, on motion of Hon. Justin P. Cuevas and duly seconded by Hon. Nia Mae B. Lagarto.
BE IT RESOLVED, AS IT IS HEREBY RESOLVED BY THE SANGGUNIANG KABATAAN OF BARANGAY CAMBUGSA, Hinigaran, Negros
Occidental to approve its SK Annual Budget for Fiscal Year 2024 amounting to TWO HUNDRED EITHY FOUR THOUSAND EIGHT
HUNDRED TWENTY-TWO PESOS (PHP 284,822).
RESOLVED FURTHER, that this SK Annual Budget shall be submitted to the Sangguniang Bayan of the Municipality of Hinigaran for its
review and approval
Approved this 3rd day of March 2024 at Barangay Cambugsa, Hinigaran, Negros Occidental.
TANYA P. CUEVAS
SK Secretary
Approved by:
NEGATIVE: None
ABSENT: None
SUBSCRIBED AND SWORN to before me this _____ day of __________at Hinigaran, Negros Occidental.