RE: SK FUNDS | What will happen if the fund was not fully utilized at the end of the year?

RE: SK FUNDS | What will happen if the fund was not fully utilized at the end of the year?

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Help po. What if hindi po na utilize lahat ng budget ng SK hanggang Dec. 2018, pwede po bang mapunta yun sa 2019 budget or ibabalik po sa National Treasury? Mabagal po kasi ung process ng mga papers sa Brgy namin at nakahold po ang budget ng brgy namin dahil kulang mga documents na pinasa ng Brgy. Kaya pati budget po ng SK, naaapektuhan po. Please help.

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ctto | photo by Official Gazette

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2 Comments on “RE: SK FUNDS | What will happen if the fund was not fully utilized at the end of the year?”

  1. Unutilized sk fund will be forwarded as beginning balance of the budget for the ensuing year

  2. Capital Outlays will be part of the Continuing Appropriation meaning pwede pa iimplement next year. Unexpended MOOEs will be reappropriated provided nameet ang income expectations.