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    Internal Revenue Allotment-ALBERT

    Uploaded by

    Joy Dales
    The document outlines the allocation of the Internal Revenue Allotment (IRA) for Local Government Units in the Philippines for fiscal year 2014, including the formula used to calculate province, city, municipality, and barangay shares based on population and land area data. Waivers are granted to allow certain LGUs to use their IRA funds for specific purposes like absorbing hospital costs. Sample computations are provided to demonstrate how an individual barangay's IRA is calculated based on population size and equal sharing factors.

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    Internal Revenue Allotment-ALBERT

    Uploaded by

    Joy Dales
    343 views14 pages
    The document outlines the allocation of the Internal Revenue Allotment (IRA) for Local Government Units in the Philippines for fiscal year 2014, including the formula used to calculate province, city, municipality, and barangay shares based on population and land area data. Waivers are granted to allow certain LGUs to use their IRA funds for specific purposes like absorbing hospital costs. Sample computations are provided to demonstrate how an individual barangay's IRA is calculated based on population size and equal sharing factors.

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    The document outlines the allocation of the Internal Revenue Allotment (IRA) for Local Government Units in the Philippines for fiscal year 2014, including the formula used to calculate province, city, municipality, and barangay shares based on population and land area data. Waivers are granted to allow certain LGUs to use their IRA funds for specific purposes like absorbing hospital costs. Sample computations are provided to demonstrate how an individual barangay's IRA is calculated based on population size and equal sharing factors.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    343 views14 pages

    Internal Revenue Allotment-ALBERT

    Uploaded by

    Joy Dales
    The document outlines the allocation of the Internal Revenue Allotment (IRA) for Local Government Units in the Philippines for fiscal year 2014, including the formula used to calculate province, city, municipality, and barangay shares based on population and land area data. Waivers are granted to allow certain LGUs to use their IRA funds for specific purposes like absorbing hospital costs. Sample computations are provided to demonstrate how an individual barangay's IRA is calculated based on population size and equal sharing factors.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 14

    1

    Eddie Albert A. Cruz


    Department of Budget & Management Regional Office IX

    Internal Revenue Allotment


    A Local Government Units (LGUs) share of

    revenues from the Philippine national government.


    Provinces, cities, municipalities and barangays each get a separate allotment

    Section 285 of RA 7160 provides for the formula for the distributions of the allotment

    Sec. 2.0 of LBM No. 67 dated June 28, 2013


    In the computation of the 2014 IRA allocation of

    LGUs, the following considerations are taken into account:

    The FY 2010 NSO Census of Population per Proclamation Order No. 362 dated March 30, 2012; Continued adoption of the FY 2001 Masterlist of Land Area submitted by the DENR- Land Management Bureau pursuant to Oversight Committee on Devolution Resolution No. 1 s. 2005 dated September 12, 2005

    The IRA shares of LGUs shall be P341.545B per the

    certification of the BIR on the actual national internal revenue taxes collected in FY 2011, which is P39.241B or 12.98% higher than the FY 2013 IRA level
    Share of LGUs in the IRA shall be allocated in the

    following manner: Provinces Cities Municipalities Barangays

    23% 23% 34% 20%

    Enforcement of Sec. 325(a) and 331(b) of RA 7160

    shall be waived to enable LGUs to:


    (i) absorb the cost of hospital services transferred from provinces to newly created cities (ii) fund the initial requirement of newly created mandatory positions in LGUs

    (iii) pay the minimum year-end bonus of P1,000 for the punong barangay and P600 for other mandatory barangay officials and their cash gifts; and
    (iv) pay the retirement and terminal leave of employees.

    Use of the IRA


    Shall be used in accordance with Sec. 17(g) and 287 of RA 7160 i.e. Provide basic services and facilities before applying the same for other purposes. LGUs shall appropriate not less than 20% of its annual IRA for development projects. This shall be utilized in accordance with DILG-DBM Joint Memorandum Circular No. 2011-1 dated April 13, 2011. Not less than 5% of the estimated revenue from regular sources shall be set aside as Local Disaster Risk Reduction and Management Fund which shall be utilized in accordance with pertinent provisions of laws, rules and regulations.

    FY 2014 Internal Revenue Allotment


    (LBM No. 67 and 67A)
    LGU NO. Cost of Devolved Functions/City Funded Hosp.
    2,845,490,826 1,028,782,874 2,602,125,420

    Share pursuant to Sec. 285 of RA 7160


    77,065,715,182 77,065,715,183 113,923,231,138

    TOTAL

    PROVINCES CITIES MUNICIPALITIES

    81 144 1,478

    79.911,206,008 78,094,498,057 116,525,356,558

    BARANGAYS
    TOTAL

    41,889
    43,592

    67,013,665,377
    P6,476,399,120 P335,068,326,880

    67,013,665,377
    P341,544,726,00

    Computation of share of each Barangay


    Guaranteed share of P80,000 for each barangay

    with a population of not less than 100 inhabitants


    Balance to be allocated on the basis of the

    following formula: Population Equal Sharing

    60% 40%

    Computation:
    41,815 barangays with more than 100 inhabitants (41,815 x 80,000) = Balance of (67,013,665,377-3,345,200,001) 60% share for population (.60 x 63,668,465,336) 40% for equal sharing Total

    3,345,200,001
    63,668,465,376 38,201,079,226

    25,467,386,150 67,013,665,377

    Sample Computation of IRA for the Barangay Mambulo Nuevo, Municipality of Libmanan, Camarines Sur with a population of 4,788

    Guaranteed share (with 100 or more inhabitants) Share Based on Population: = Population of the specific brgy Total population of brgys nationwide 4,788 91,606,078 1,996,666.00

    Php80,000.00

    Share of Brgys based on population

    Php 38,201,079,226.00

    = Php

    Equal Sharing: = Share of brgys based on equal sharing Total number of barangays 25,467,386,150 41,889 607,973.12

    = Php

    = Php

    IRA Share of Brgy. Mambulo Nuevo, Mun. of Libmanan, Camarines Sur Guaranteed share of barangays with 100 or more inhabitants Based on population Based on equal sharing

    Php

    80,000.00 1,996,666.00 607,973.00

    Total IRA of Brgy. Mambulo Nuevo, Mun. of Libmanan, Camarines Sur Php

    2,684,639.00

    14

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