Government Employees may receive ₱7,000 worth of Clothing Allowance in 2024
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.
Category: Budgeting 101
DBM Guidelines on the Processing of Requests for Personnel Services (PS) Deficiencies for CY 2023
The Department of Budget and Management (DBM) issued Circular Letter No. 2023-11 dated August 15, 2023 to provide government agencies concerned with the guidelines on the processing of requests for Personnel Services (PS) deficiencies for CY 2023.
LOOK: DBM provides around ₱17 Billion Budget for the Salary Increase of Government Employees in 2024
The Department of Budget and Management (DBM) has alloted ₱16.95 Billion to cover the salary increase of government employees starting next year (2024).
DBM-prescribed Guidelines on the Issuance of Multi-Year Contractual Authority (MYCA)
Learn the basic guidelines and conditions on the issuance of Multi-Year Contractual Authority (MYCA) by the Department of Budget and Management (DBM)
Budgeting 101: What is Budget Utilization Rate (BUR)?
The most common measure of absorptive capacity is the budget utilization rate (BUR) which may be computed as obligation rate or disbursement rate. What is Obligation Rate? Obligation rate is used to measure the ability of the agency to utilize …
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Budgeting 101: What is an “item of appropriation”?
An item of appropriation refers to an amount appropriated in the General Appropriations Act (GAA) for a program, activity or project. In the case of programs with several activities, the item of appropriation shall refer to each of the activity. …
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Budgeting 101: What is a Program, Project, or Activity (PAP)?
What is a PAP? A program, project or activity (PAP) is any work process or group of work processes undertaken to realize the outputs and outcomes of an agency. This is represented by an item of appropriation in the national …
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Budgeting 101: What is absorptive capacity?
What is absorptive capacity? In simple terms, absorptive capacity, as used in public financial management, refers to the ability of government agencies to utilize or use the resources (e.g., government funds) made available to them. [1][2][3] One example of resource …
Appropriate Accounting for Stale Checks
Question/Topic Good day po. Tatanong lang po kung paano ang presentation ng staled check sa BRS? Kasama pa din po ba siya sa schedule of outstanding checks? Kapag aalisin po kasi sa outstanding checks, di magbalanse ang book at bank. …