Government Accountants, Budget Officers, Treasurers and Auditors’ Forum
The Department of Budget and Management (DBM) recently issued an amendment to National Budget Circular (NBC) No. 590 (Fund Release Guidelines for CY 2023) to provide guidelines on the validity of funds under the Unprogrammed Appropriations (UA) of the Fiscal Year 2023 General Appropriations Act (GAA) or Republic Act No. 11936.
Introduction: The Department of Budget and Management (DBM) recently issued Circular Letter No. 2023-13, which emphasizes the importance of adhering to the deadline for the submission of agency requests for the release of additional funds for the rest of CY 2023. Said Circular aims to optimize the utilization of available funds and ensure effective budget management. In this blog post, we will delve into the contents of the Circular and its significance for government agencies, and other concerned parties. Key Features of DBM Circular Letter No. 2023-13: The Circular emphasizes the limited validity period for the release, obligation, and utilization...
Are the employees of local government units (LGUs) entitled to performance based bonus for CY 2023?
How much is the mid year bonus of government employees?
The Department of Budget and Management has announced via its website that the printed copies of Budget Operations Manual for Local Government Units (BOM for LGUs) (2023 Edition) is now available for order.
Said guidelines was issued to prescribe the criteria and conditions for the grant of the PBB for FY 2023 performance, to be given in FY 2024.
This forum discusses the rules on monetizing earned sick leave credits of government employees.
If the budget proposal for the increase is approved the uniform and clothing allowance of government employees starting 2024 will be at ₱7,000 per year.