Government Accountants, Budget Officers, Treasurers and Auditors’ Forum
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.
The Department of Budget and Management (DBM) has alloted ₱16.95 Billion to cover the salary increase of government employees starting next year (2024).
Learn the basic guidelines and conditions on the issuance of Multi-Year Contractual Authority (MYCA) by the Department of Budget and Management (DBM)
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 (use/spend) the allotment or obligational authority made available by the Department of Budget and Management (DBM). Obligation rate is measured as the ratio/percentage of obligation over the allotment issued to the agency (i.e., obligation divided by allotment). This may be computed per allotment class or total obligation over total allotment for all allotment class. For example, if the total obligation...
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. Department of Budget and Management Example of an “item of appropriation” Below is a screenshot of the budget of the Office of the President of the Philippines and we use it as an example to illustrate an item of appropriation under a program. In the above appropriation (i.e., budget of the Office of the President), the program is “Presidential Oversight...
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 budget. Department of Budget and Management (DBM) Simply put, PAP pertains to what the government does collectively, through its various offices, to achieve what it planned to realize during the year. What is a program? A program is defined as a group of activities and projects that contribute to a common particular outcome. A program should have the following: 1)...
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 available to government agencies is their annual budget under pertinent appropriations act. Absorptive capacity means the ability of the government agency to use its budget under the appropriations act and may be measured using different ways depending on what the government wants to measure. The most common measure of absorptive capacity is the budget utilization rate (BUR) which may be...
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. May adjusting entry na po na ginawa sa book. Thanks po. Join the Forum in our Facebook Group Click here to view this forum on our Facebook Group View some more comments on this topic below. You may click the comment button at the lower right corner of your device to go to the comments section. Post Views: 2,042
Question/Topic Clarification on EO 77 Regarding DTE of employees na nasa training (beyond 50km). Are they entitled to claim meals for breakfast and lunch if ang start ng training is 2pm (and meals provided by the training started at PM snack)?. Thank you. Join the Forum in our Facebook Group Click here to view this forum on our Facebook Group View some more comments on this topic below. You may click the comment button at the lower right corner of your device to go to the comments section. Post Views: 1,642