The document outlines the local budget process which includes several phases:
1) Budget preparation which involves cost estimation, budget proposals, and executive review from June to October.
2) Budget authorization from when the Sanggunian receives the budget until enactment of the appropriations ordinance.
3) Budget execution which is the implementation of the budget from January to December with a review in between.
Key activities in preparation include the budget call in June, department proposals in July, budget hearings in August, and submission of the executive budget to Sanggunian in October. Authorization requires enactment of the appropriations ordinance by Sanggunian and approval by the LCE.
The document outlines the local budget process which includes several phases:
1) Budget preparation which involves cost estimation, budget proposals, and executive review from June to October.
2) Budget authorization from when the Sanggunian receives the budget until enactment of the appropriations ordinance.
3) Budget execution which is the implementation of the budget from January to December with a review in between.
Key activities in preparation include the budget call in June, department proposals in July, budget hearings in August, and submission of the executive budget to Sanggunian in October. Authorization requires enactment of the appropriations ordinance by Sanggunian and approval by the LCE.
The document outlines the local budget process which includes several phases:
1) Budget preparation which involves cost estimation, budget proposals, and executive review from June to October.
2) Budget authorization from when the Sanggunian receives the budget until enactment of the appropriations ordinance.
3) Budget execution which is the implementation of the budget from January to December with a review in between.
Key activities in preparation include the budget call in June, department proposals in July, budget hearings in August, and submission of the executive budget to Sanggunian in October. Authorization requires enactment of the appropriations ordinance by Sanggunian and approval by the LCE.
The document outlines the local budget process which includes several phases:
1) Budget preparation which involves cost estimation, budget proposals, and executive review from June to October.
2) Budget authorization from when the Sanggunian receives the budget until enactment of the appropriations ordinance.
3) Budget execution which is the implementation of the budget from January to December with a review in between.
Key activities in preparation include the budget call in June, department proposals in July, budget hearings in August, and submission of the executive budget to Sanggunian in October. Authorization requires enactment of the appropriations ordinance by Sanggunian and approval by the LCE.
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BUDGET PROCESS
(1 and 2) PROCESS:
Development Budget Planning Accountability (6-15 years) Investment Programming (3-5 years) Budget Current 2020-2022 Budget Year Year (Jan-Dec) (Jan-June) Execution AIP (1 year) Current 2020 Year Budget (July-Dec) Review Budget Budget Preparation Authorization BUDGET PREPARATION:
The first phase of the local budget process. It
involves cost estimation per PPA, preparation of budget proposals, executive review of budget proposals and preparation of the LEP and the budget message.
This phase starts with the issuance of the budget
call, ends with submission of the Executive Budget to the Sanggunian on or before October 16 of each year. Activities in Budget Preparation
Schedule Activity LGU Roles Responsible
June 16 Budget Call Invites accredited LCE/LFE and CSOs to the Budget -is a directive from LCE Forum. Ideally, the Department that contains general budget forum may Heads objectives, policy provide information decisions, strategies on why recommended LCE and prioritized PPAs by priorities of accredited sector/office as CSOs were not reflected in the AIP for included in the the budget year. identified PPAs. July 15 Prepare and Submit To ensure that the Department Budget Proposals Department Heads consulted with Heads -should be prepared accredited CSOs. using uniform format templates to ensure the completeness and comprehensiveness of budget information Activities in Budget Preparation
Schedule Activity LGU Roles Responsible
August 15 Budget Hearing Invite accredited LCE/LFC CSOs to the budget - To validate the hearings in relation revenue sources, PPAs, to sectoral concerns cost estimates and expected outputs for the budget year. October 10 Prepare Local LCE/LFC Expenditure Program (LEP) -It consist of 2 parts: Estimates of receipts and proposed appropriations for the budget year. Activities in Budget Preparation Schedule Activity Responsible October 10 Budget Message LCE/LFC - Is a summary of the proposed executive budget prepared by LCE.
October 10 Submit Executive LCE
Budget to Sanggunian BUDGET AUTHORIZATION:
The second phase in the local budget process. This
phase starts from the time the Sanggunian receives the Local Expenditure Program (LEP) sibmitted by the LCE, and ends with the enactment of the appropriation ordinance and approval thereof by the LCE.
“No money shall be paid out of the Local treasury
except in pursuance of an appropriation ordianance or law” (Section 305 (a), RA No. 7160). Steps in the Budget Authorization Muchisimas Gracias!!!
