Beruflich Dokumente
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IS THE ACT OF MANAGING INCOMING AND OUTGOING MONETARY TRANSACTIONS AND BUDGETS FOR GOVERNMENTS, EDUCATIONAL INSTITUTIONS, NONPROFIT ORGANIZATIONS, AND OTHER PUBLIC SERVICE ENTITIES.
Fiscal administration
-systems, -structures, -processes, -Officials and personnel, - and the policy environment governing intergovernmental, and inter-local fiscal relations
Fiscal administration
March 17, 1897 -Revolutionary Government was founded in Naic, Cavite - Dir. Baldomero Aguinaldo, DOF 1901- the Department of Finance and Justice(CS) - William Howard Taft - Sec. Gregorio Araneta 1916 - Reorganization Act No. 2666 - DFJ split into two
Fiscal administration
1936 DOF and Budget Commission 1949 Central Bank of the Philippines was created 1970 Minister Cesar A. Virata was appointed Secretary 1974- with the adoption of the parliamentary form of government, the Department was changed to a Ministry.
Fiscal administration
1980s- of inter-agency committees -Investment Coordination Committee (ICC) -Government Corporate Monitoring and Coordinating Committee (GCMCC) -1987-the Ministry of Finance was reverted to a Department following the ratification of the 1987 Constitution which provided for a presidential form of government.
Fiscal administration
1988- Value Added Tax was introduced and replaced a complicated sales tax structure. 1997 - Asia's Newest Tiger - National Government recorded a budget surplus for the third consecutive year, and the public sector generated its fiscal surplus since the sector started to be monitored in 1985.
Fiscal administration
OVERVIEW
TO IMPLEMENT SOCIAL AMELIORATION PROGRAM CREATES A CHARGE ON REVENUE EARNED WHILE AT THE SAME TIME DISTRIBUTES AND DISPERSES SOCIAL BENEFITS.
MIDDLE MANAGEMENT (DEEPLY INVOLVED IN IT) RANK AND FILE (AFFECTED BY WHATEVER RESULTS FROM IT)
PREVENT MISAPPROPRIATION OF FUNDS REQUIRES REVIEW AND APPROVAL BY THE ADMINISTRATIVE OFFICIAL OF THE LINE OR OPERATING AGENCY, OF ALL REQUESTS FOR MONEY RELEASES AND BUDGETARY ALLOTMENTS, VOUCHERS AND SIMILAR PAPERS BEFORE PAYMENTS ARE MADE SO THAT EXPENDITURES ARE IN ACCORDANCE WITH POLICY AND LAW AND NOT IRREGULAR, UNNECESSARY, EXCESSIVE, EXTRAVAGANT AND UNCONSCIONABLE
REPUBLIC ACT NO. 7160 AN ACT PROVIDING FOR A LOCAL GOVERNMENT CODE OF 1991
SEC. 315. SUBMISSION OF DETAILED STATEMENTS OF INCOME AND EXPENDITURES . (A) ON OR BEFORE THE FIFTEENTH (15TH) DAY OF JULY OF EACH YEAR, LOCAL TREASURERS SHALL SUBMIT TO THEIR RESPECTIVE LOCAL CHIEF EXECUTIVES A CERTIFIED STATEMENT COVERING THE INCOME AND EXPENDITURES OF THE PRECEDING FISCAL YEAR, THE ACTUAL INCOME AND EXPENDITURES OF THE FIRST TWO (2) QUARTERS OF THE CURRENT YEAR, AND THE ESTIMATED INCOME AND EXPENDITURES FOR THE LAST TWO (2) QUARTERS OF THE CURRENT YEAR.
REPUBLIC ACT NO. 7160 AN ACT PROVIDING FOR A LOCAL GOVERNMENT CODE OF 1991
THE OFFICIAL FISCAL YEAR OF LOCAL GOVERNMENT UNITS SHALL BE THE PERIOD BEGINNING WITH THE FIRST DAY OF JANUARY AND ENDING WITH THE THIRTY-FIRST DAY OF DECEMBER OF THE SAME YEAR.
REPUBLIC ACT NO. 7160 AN ACT PROVIDING FOR A LOCAL GOVERNMENT CODE OF 1991
SEC. 354. ADMINISTRATIVE ISSUANCES; BUDGET OPERATIONS MANUAL. THE SECRETARY OF BUDGET AND MANAGEMENT JOINTLY WITH THE CHAIRMAN OF THE COMMISSION ON AUDIT SHALL, WITHIN ONE (1) YEAR FROM THE EFFECTIVITY OF THIS CODE, PROMULGATE A BUDGET OPERATIONS MANUAL FOR LOCAL GOVERNMENT UNITS TO IMPROVE AND SYSTEMATIZE METHODS, TECHNIQUES, AND PROCEDURES EMPLOYED IN BUDGET PREPARATION, AUTHORIZATION, EXECUTION, AND ACCOUNTABILITY.
CONTROL TO IMPLEMENT PROSPECTIVE POLICY PROACTIVE ADMINISTRATION INHIBITS GOVERNMENTAL UNITS FROM DIRECTLY TRANSACTING AND NEGOTIATING MONEY MATTERS SINCE SUCH KIND OF TRANSACTION IS OFFICIALLY CHANNELED THROUGH THE DEPARTMENT OF BUDGET AND MANAGEMENT IN THE FORM OF BUDGET ESTIMATES AS ENDORSED BY THE PRESIDENT
ENSURE THE WISDOM AND PROPRIETY OF EXPENDITURE CLAIMS FOR PAYMENT FROM PUBLIC FUNDS, LEGALITY, PRUDENCE, REASONABLENESS, THE MORALITY OF THE CLAIM OR CHARGE SHOULD BE ESTABLISHED. A REVIEW OF EXISTING CONTRACTS AND TRANSACTIONS SHOULD BE MADE.
PREVENT DEFICITS FISCAL SUPERVISION AND CONTROL MAY BE USEFUL BUT SHOULD NOT UNDULY INTERFERE WITH AGENCY PREROGATIVE TO CARRY OUT PROGRAMS MANDATED BY THE CONSTITUTION AND THE LAWS.
The National Budget represents the estimate of expected income and projected expenditures over a period of time referred to as the fiscal year.
(1) to spend for its programs and projects (2) where the money will come from
Section 22, Article VII of the 1987 Constitution sets the tone for the budgetary process. Under this Article, the President submits to Congress within thirty days from the opening of every regular session, a financial plan of expenditures and sources of financing, including receipts from existing and proposed revenue measures as basis for a general appropriations bill.
1. BUDGET PREPARATION
2. BUDGET AUTHORIZATION
3. BUDGET REVIEW
4. BUDGET EXECUTION
5. BUDGET ACCOUNTABILITY
Fiscal administration
LOCAL CHIEF EXEC. - Executive Direction and Control -Licensed and Issuing of Permits
COMPOSITION OF LOCAL FINANCE CLUSTER (Assessor; Accountant; Bidget Officer; Treasurer; Planning & Development Officer) -Income projections -Recommendations on Tax/Revenues Measures -Accounting of the Budget
Fiscal administration
EXTERNAL 1. Internal Revenue Allotment (IRA) 2. Share from the Utilization of national Wealth 3. Grants and Donations 4. Domestic Loans 5. Credit-Financing Schemes
INTERNAL 1. Taxes, Fees, and Charges 2. Income derived from the Investments, privatized and Development Enterprises, and Inter-Local Government Cooperation
Fiscal administration
II.LEGAL BASIS FOR LOCAL FISCAL ADMINISTRATION 1987 PHILIPPINE CONSTITUTION SECTION 2 Article X: The territorial and political subdivisions shall enjoy local Autonomy. REGION
PROVINCE
CITY
MUNICIPALITY
BARANGAY
Fiscal administration
the share of each province, city or municipality shall be cetermined on the basis of the ff. Formula (Sec. 285, RA 7160) -PROVINCES: 23, 81 PROVINCES -CITIES: 23%12, POPULATION 50%LAND AREA 25%EQUAL SHARING 25% -MUNICIPALITIES: 34%- 1,501 MUN. - BARANGAYS: 20%33,461 BARANGAYS
LOCAL TAXES Prepare Local Revenue Generation Plan Conduct Public Consultations on Update Local Code Taxes Provide Incentives to Tax Collectors
Revenues measures
REAL PROPERTY TAXES Engage Participation of other Stakeholders Computerize records of Assessors and Treasures Office Strengthen tax collection enforcement Conduct Tax Mapping Operations for the Real Property
LOCAL BUSINESS TAXES Use info. from databases of other govt agencies Establish one stop shop for tax payments and business permit applications Conduct tax mapping inventory of business
Fiscal administration
B.
MONIES WHICH HAVE OFFICIALLY COME INTO POSSESSION OF THE LOCAL GOVERNMENT.
Fiscal administration
439.0
511.1
24.2
25.5
72.1
16.4
613.4 87.2
698.8 89.7
33.8 4.8
34.8 4.5
85.4 2.5
13.9 2.9
Particulars
2013 Proposed Level Rank (Php Billion) 292.7 152.9 121.6 121.1 74.1 56.8 56.2 37.1 33.2 3/ 1/ 2/ 1 2 3 4 5 6 7 8 9
DepEd (incl. MPBF and SBP) DPWH (incl. PSEPF and BSGC) DND (incl. MPBF and PGF) DILG (incl. MPBF and PGF) DA (incl. PSEPF and BSGC) DOH (incl. MPBF, PSEPF and BSGC) DSWD DOTC (incl. MPBF, PGF, PSEPF and BSGC) DOF (incl. MPBF and BSGC)
1 2 3 4 5 7 6 8 9
DENR (incl. MPBF and PGF) Notes: 1/ Gross of School Building Program
2/ Net of School Building Program 3/ The corporate funds of DOTC attached corporations (MIAA, MCIAA, CIAC and CAAP) amounts to P2.6B in 2013
17.5
Legend:
10
23.7
10
REFERENCES: Public Administration in the Philippines Running a Bureaucracy http://www.scribd.com/doc/37770745/Local-Fiscal-Administration http://en.wikipedia.org/wiki/Department_of_Finance_%28Philippines%29 http://www.gov.ph/2012/07/24/president-aquino-submits-p2-006-t-2013empowerment-budget-to-congress/