25 Chaptert2 24 TheBudgetProcess Chapter 2 "bottom-up" Budget Preparation uses The Budget Process The in the reparation budget Philippines s a e "bottom-up" budgeting Under parties v e r a l lowest tot.h e the also from starting agencies the budget preparation, the citizen-stakeholdersin the government. of is highestlevels the participation of increas to tasked The opposite of aPproach. are in p a r t i c i p a t Government e budgeting Learning Objectives 1. Enumerate the "bottom-up" steps in the budget process. accounting, the principles of responsibility Describe briefly accounting primarily budgetary Government accounting not only aim to provide information does Government accounting transactions but also past events and accordance with PPSAS 24 The to Philippine Constitution and budget information other laws in require national Philippine budget is year's The current without regard formulated formulated based on the previous year's budget, any variances experienced in the past. Presumably, the programs year's justify their proposed required are current year's programs the in are year the current year. Uses a "rol-over" approach. Prone to abuse. expenditures, and irrespective of whether these carried over are n e w or from previous year. a "back-to-zero "clean slate" approach. Uses Promotes efficient The Budget Cycle The budget cycle has four phases, namely: 1. Budget Preparation 2. Budget Legislation 3. Budget Execution 4. Budget Accountability to and automatically approved in > previous Government budget. previous objectives. the agencies expenditures key to which is just adjusted for proposed uses The formulation and eventual utilization of the national budget are summarized in the budget cycle. (The approach. Zero-based budgeting VS Incremental budgeting is The currTen year's budget of government funds within a fiscal year. This forms the basis for expenditures and is the instrument for promoting its socio-economic government's and systenm "incremental a of Public funds with the approved budget. The national budget (government budget) is the government's sources start a attempted old by shifting from the new tradition "zero-based budgeting" to the budgeting January 11, 2011) Transparency Keporting Project, be utilized in accordance with a government funds to legislation. Government budget that is duly approved by with concerned providing information accounting therefore, is utilizations of government useful in assessing the conformance of estimate of the heads. In2011, the Philippine Govern is on budget wherein the budgeting "top-down agency from the The National Budget starts preparation preparation. budget effective utilization the or an d of funds. 1. Budget call The budget preparation starts when the Department Budget of Call to all and Management (DBM) issuesa government agencies. The budget call Budget Chapter 26 the next fiscal year's targets and other guidelines in budget ceiling, budget proposals. and submission of agency contains, among other things, 27 The Budget Process 3 . the agency's completion the P r e s e n t a t i o n t o t h e O f f i c e o f t h e P r e s i d e n t Presentation f the and Cabinet memberso ew the President approves the propo bbudget, Balanced budget prepared - revenues revenues a estimated exceed way that estimataa ed expenditures. If ach in such a actual the government ea exceed actual expenditures, exceed If expenditures surplus. government Annual incurs a budget basis for the - deficit. covers a period of one year annual apPpropriation. for items provides Special budget revenues, and not ms the forms ththe adequatel act in the general appropriations covered or not included focuses on specific expenditures such Line item budget travel expenses, freight, supplies as salaries and wages, - materials and equipment. of activities to be undertaken a Performance budget- plan with the emphasis on including their related costs, The main focus is on results. desired meeting targets and to be rendered. the work to be done or services Obligations budget - focuses on the current year which are to be year or in the following year. 2. Budget hearings agencies - Budget hearings submit their P A r e f t s e i r d u e n t President After Posed the budget documentsto point, the Budget." proposed budget is to f i n a l i z e s the to the referred DBM At this Congress, as "Presidentf's the the f ollowing following The "President's udget" cco n t a i nnss in Budget Congress re which aare nents which intended to assist the documents review and a. the budget. proposed cumentsSubmitted Relevant terms: T h e The President their roposed national national budget: proposed deliberationded President's e Budget Message explanation of the President's - this contains the countr/s fiscal policy and buage priorities. the this contains National Expenditure Program (NEP) proposed details of all the government entities expenditures in the coming year. (BES) this C. Buaget of Expenditures and Sources of Financing Dy contains the estimated expenditures accompanied estimates of expected sources of of d. Other documents aimed to provide further explanation selected items in the NEP (e.g., details of key programs - b. - financing and projects and staffing summary). expenditures incurred in paid either in the same Relevant provision of law: are budget proposals. conducted after the Each agency defends its budget proposal before the DBM. The DBM deliberates on the budget proposals, makes recommendations, and consolidates the deliberated proposals into the National Expenditure Program (NEP) and Budget of Expenditures and Sources of Financing (BESF). The DBM then submits the proposed budget to the President. T h e President shall submit the proposed budget to the Congress within 30 days from the opening of every regular session. (Art. VII, Sec. 22, Philippine Constitution) 29 28 Cnaptar from Illustration: Excerpts President's The Budget Process Budget Mes. of. Budget Legislation an p u r s u a n c e Government Excerpt 1: Fiscal Year 2017 a p p r o p r i a t i o n u n d e r t a k e r n funds shall only be made by law. legalize to the Message of Roa Duterte Presldent Rodrigo to the Seventeenth 4. Congress of the Phliopines Budget on the National io House expenditures. agenci be due proposed budget Deliberations Upon the various must process Therefore the receipt of the House of Representatives Fiscal Year 2017 in spent conducts respective Thereafter, President's Budget, scrutinize hearings proposed to and resentatives Representatives of the House prepares the General Appropriations Bill (GAB) August 15, 2016 Senate 5, Deliberations deliberations of the Ladies and Gentlemen Philippines: 17th Congress of the on the conducts The Senate GAB. These normally However, tor Excerpt 2: FiscalYear 2017 expediency, own after the of Representatives. start even as hearinos in the Senate Senate receives the GAB from to you, tnrough the President of the I have the honor to submit the House of Representatives, the Senate and the Speaker of for Fiscal Year (FY) 2017, Proposed National Budget start its the House Representatives deliberations are ongoing 6. houses Bicameral Deliberations After deliberations in both Conferenc are finished, a committee called the Bicameral the between Committee is formed to harmonize any conflicts Representatives and Senate versions of the GAB. The harmonized GAB ("'Bicam' version) is submitted ratification, the final back to both Houses for ratification. After GAB is submitted to the President for enactment. BUDGET PHILOSOPHY Ladies and gentlemen, my commitment to implement real change lies at the core of the P3.35 trillion proposed Budget for FY 2017. This ls my Administration's fist Budget. It is a Budget that gives flesh and bone to the promise by which I won as President to fight for soclal justice. t was designed to realize change in the here and now. This Budget is for the people and by the people. 7. President's enactment The President enacts the budget, which is now known as the General Appropriations Act (GAA). Before enactment though, the President may exercise his veto power as conferred to him under the Philippine Constitution. Relevant provision of law: When the proposed budget is not enacted before the fiscal year starts, the last year's GAA is automatically reenacted. The last year's GAA shall be used in the current year until a general appropriations bill is passed (Art. VI, Sec. 25(7), Philippine Constitution) new In the last one and a half months since we assumed office, designed this Budget around the following principles: we by the Congress. 31 Chapter 30 TheBudgetProcess rogrammned The Approved Budget is the expenditure authority derived Approved Budget ordinances, and other appropriation laws, governn revenue or receipts for the buc related to the anticipated budget period. The approved a u t h o r i z a t i o n sp r o g r a m m e d erived fro4m . ecisiong 5tay sists of the following: Supplemental Appropriations 03 Automatic Appropriations 04 05 06 07 Unprogrammed Funds Retained Income/Funds Revolving Funds Unified Acounts Code Structure (UACS) e s c r i b e d by a u t h o r i z e d appropriations availed only are standby which may be the annual GAA w h i c h may ts in in when any of the the following instances occur targets EUnprogrammed 5. Funds - availed by Congress in followine:AA O r r e v e n u e collections exceed the original and the Budget of revenue a. of Sources Expenditures collected are b. new revenue C. newly-approve Financing Financing Congress; (BESF) submitted by the President to the from not not sources realized or originally considered in the BESF; or loans for a r are projects reign-assisted sources for other for forelg ured or when conditions are trigger agreements of funds such as refers to the standard codino of the National Government. system used in financial reporting perfected loan assisted projects. (source:http://www.dbmgov.ph/?page id-7366) 6. Retained Income/Funds authorization made by a legislative bod y Appropriation is the collections which directly by agencies operation or specific purposes. law to be used - to allocate funds for purposes r law w C 08 Trust Receipts The p 01 02 Continuing Appropriations w hi ic ch h wh prescribed budgetary UACS Code New General Appropriations do do Automatic. Appropriations are the Automatic Appropriation Or for some other annuallyor period annually od not require periodic action action by Congress. 4. specified by the legislative are authorized concerned for by their ( h t t p : / / w w w . d b m . g o v . p h / w p - c o n t e n t / u p l o a d s / B E S F / B E S F 2 0 1 6 / G L O S S A R Y . p d i ) similarauthority. 1. New are General Appropriations annual authorizations incurring obligations during specified budget year, a as for listed construction a virtue of said or . business-type are authorized in by an authorized as such and deposited funds shall be selfgovernment depository bank. These incurred by liquidating and all obligations and expenditures are the authorizations to support specific purpose project, such as multi-year projects which require the incurrence of obligations for Funds law to be constituted in the GAA. 2. Continuing Appropriations from receipts derived which of departments/agencies activities 7. Revolving business-type activity shall be charged against . said fund.: (http://www.dbm.gov.ph/wp-content/uploads/BESF/BESF2016/GLOSSARY.pdf) obligations even beyond the budget year. 8. 3. Supplemental Appropriations are additional appropriations authorized by law to augment the original appropriations which proved to be insufficient for their intended purpose due to economic, political or social conditions supported by a Certification of Availability of Funds from the BTr. Trust Receipts receipts by any government agency acting as trustee, agent obligations (Adapted from the or administrator for the fulfilment of some conditions. definition of "Trust Fund" in content/uploads/BESF/BESF2016/GLOSSARY.pdf) http://www.dbm.gov.ph/wp- Chapter 32 Relevant provisions of law: 2. the purpose fo for A special appropriations bill shall specify be supported by funda shall and which it is intended, actually National Ireasurer, available as certified by the revenue by a t be authorized to for their may, by augment any item the Irom savings in other items of their respective offices (Art. VI, Sec. 25(5). Philippine respective appropriations. Constitution) provi U nn cie ts s L aG n dUc si) tie in s ci ln ud de ep( e a n )d a e u n tt on fr o o m m ou as (cities which are part of a province) and municipalities, and (d) barangays. proposal therein. law, Constitutional Commissions law in general appropriations r L e o g cia o ln G s, o v( eb rn ) province, ()%component cities or corresponding Sec. 25(4). Philippine Constitutlon) (Art. VI, any transfer of be passed authorizing shall No law President of the the however, the President, appropriations; Representatives, the ot the House of Senate, the Speaker the heads o and Court, Chief Justice of the Supreme be raised 33 The Budget Process 3. Government (GOCCs) Corporations (GOCC5 Comalled Corporations Owned and Ontrolled corporations indirectly, that that are by the owned government relatingto public needs. relating to public The members of the needent Congress (Senators and or controlled, directly with and vested Congressmen) f fu un nc ct ti io on ns s and the Judiciary Branch are also reciplents of a portion of the budget. 1. - or The portion received by members of the Congress is referred to Assistance Fund (pnAF) a.k.a. "Pork Barrel. Priority Development he his intended to fund priority development programs of the govemine The portion recerved by members of the Judiciary is referred to as tne 2. Judiciary Development Fund (JDF). At least 80% of the fund is intended for the cost of living allowances of the members and personnel or t e and the remainder, not exceeding 209%, is for the acquisition maintenance of office equipment and facilities. (PD NO. 1949) Judiciary, Budget Execution This is the phase where government funds are spent. In 2014, the Aquino Administration introduced the Disbursement Acceleration Program (DAP) which aims to speed-up public spending The issuesguidelines DAP is not afund but a funds mechanism Savingsand DBM on Release quidelines end BEDs-The various the while agencies funds the release and utilization of Execution Documents (BEDs). A BED submit their Budget agency's of unprogrammed releasing funds, particulary from Savings are available portions or balances of items under the General Appropriations Act (GAA) which result from: a) the completion or final a. Physical and financial plan, of program. activity, or project: b) discontinuance or abandonment unpaid compensation for vacant or unfilled positions and leaves of absencewithout pay: or c) the implementation of efficiency measures that enable agencies to deliver services at lower cost. Such savings may then be b. Monthly cash program, c. Estimate of monthly income, and included in the GAA (i.e. nonexistent budget items cannot be funded). summarizes an fiscal year plans and performange targets. It includes the following: a used to augment funds for programs, activities, or projects which are Unprogrammed funds (see previous definition). d. List of obligations that are not yet due and demandable. Both the PDAF and the DAP received various criticisms from the public in 2013 and 2014, following the Janet Lim-Napoles alleged pork scam. The PDAF The are the major of the and DAP was later on thought to have been abolished by the Supreme Court 1. National GovernmentAgencies (NGAs) - include all agencies However, "The 2015 budget is still flled with pork barrel funds despite the following recipients budget within the executive, legislative and judicial branches of Supreme Cout dedsion decdaring the Disbursement Aceleration Program (DAP) and the Priority Development Assistance Fund (PDAF) as government, e.g, commissions, departments, Land bas unconstitutional, according to a budget watchdog." (Source: The Philippine Star. December 21, 2014) of the Philippines, Social Security System, etc. Chapter 2 35 The Budget Process 34 Miscellaneous Relense DBM releases allotment during th the limit for the Allotment formulates The 9. Allotment to set (ARP) Program as a to ensure control device ffor Program (CRP), month. and for each each quarter for the year, Release authorization is Allotment contained in a form of budget release legislative documents. obligations referred to a having act of a duly authorized official immediate be in the to or which following are the documents allotments to government agencies: The Appropriations used in 2. not incur a na at ti io on na al l n all to obligations specified period automatically covers if to most, clearance not all, o r approval and Life Act Release Document Insurance Premium. government 10. Incurrence of Obligations agencies incur govermment, eg obligations which will be paid by the purchase entering into contracts, hiring of personnel, or supplies, etc. the DBM issues disbursement 11. Disbursement Authority the point where the government agencies. This is authority to - government agencies obtain access to the government releasing The following are funds. the documents used in releasing disbursement authority to government agencies: (GAARD) serves as the obligational authority for the comprehensive release of budgetary items appropriated in the GAA, categorized all eventual maybe referred to possible future commitment that encompasses as a contractual agreement. liabilities based on current as to indi indicated therein. It appropriated expenditures agencies withou need of special from competent authority. ie. a payment General authority agencies y the purpose for purpose for the incur government entity the "Allotment received first to the binds the government of a sum of money. Obligation 1. Order to c o m m o n "Allotment" an (GARO)(GARO0) issued ment agencies, general, 5ovemment specifie in the incurred must is Release Order during exceeding an authorized amount mount to for illegal without - 3. General Allotment appropriation It is also a is the DBM to by Fund) Gratuity are also covered by SAROs aease obligations and amount of Moreover, the type are specified that conform to those Obligatjon Benefits Fund and and Pension Retirement Obligational Authority. It is issued Fund, Commitments comprehensive for to incur obligations agencies govemment amounts an International Personnel th This is used upcoming year. Alongside, is a Cask sh the national budget. d i s b u r s e m e n t limits releases conform to the which sets Fund, For Comprehensive Release. Special Alotment Release Order (SARO) - covers budgetary items under For Later Release (negative list) in the entity's submitted Budget Execution Documents (BEDs), subject to compliance of required documents/clearances. Releases o allotments for Special Purpose Funds (e-g, Calamity Fund, Contingent Fund, E-Covernment Fund, Feasibility Studies 1. Notice of Cash Allocation (NCA) authority issued by the DBM to central, regional and provincial offices and operating units to cover their cash requirements. The NCA specifies the maximum amount of cash that can be withdrawn from a government servicing bank in a certain period. The NCA is based on the agency's submitted Monthly Cash Program. ChapterT2 37 The Budget Process issued bu an Allocation authority of Transfer and operating 2. Notice of to regional units Office its Central agency's cash requirements, latter's to c o v e r the Execution This phase occurs As the authority issued by he of their actna - Availment Authority 3. Non-Cash to cover the liquidation DBM to Budget Accountability agencies obligations incured availment of against from proceeds fo or loans/grants through available allotments determine 12. required to the DBM to Posts to their Foreign Service cover are government government Portssubmit the fo Owing accountability reports: - submitted made commonly account of the the against most through 7reasurer Acount). Checks issued (i.e., Treasury Single ofthe Philippines Disbursement System scheme are called "Modified to month. their operating requirements. checks that are chargeable targets. is of disbursement type of each authority. This report end of of each the COA and DBM within 30 days after the operations (eg, Department of agencies with foreign them to use the income Foreign Affairs 'DFA) allowing Disbursements are with planned agencies Reports to disbursements - by regularly results phase, monitored s h o w s the of the entity duringusements the month, -classified accor rdingo todthe to issued by Cash Disbursement Ceiling authority collected is being Budget Accountability supplier's credit/constructive cash. 4 concurrently with being executed, it is the conformance of actual1 budget the Budget shows b. Quarterly Physical Report of Onerationphysical accomplishments in a given quarter the agency S vis-a-Vis its physical targets. C. Statement of Appropriations, shows Obligations, agency's received, the under this Disbursements MDS) Checks." authorized include payments Other modes. of disbursements transfer/bank bank debit, or through cash, commercial check, in Chapter 5. credit card. We will elaborate on these later obligations incurred, disbursements made balances of unreleased appropriatiorns unobligated the allotments, and unpaid obligations. Summary of Appropriations, Allotments, Obligations, Disbursements and Balances by Object of Expendihures authorization to agencies to incur similar to 'c above but provides details of expenditures (e.g, salaries and wages, traveling expenses, etc.). obligations 4. Disbursement allotments and d legislative body a allocatefunds for specified purposes. 3. Obligation Balances appropriations, to Remember the following: authorization by 1. Appropriation 2. Allotment and Allotments, (i.e., obligational e. List of Allotments and Sub-Allotments -shows the allotments authority). amount contracted by an authorized received by the agency from the DBM and the sub- officer for which the government is allotments issued by the agency's Central Office or held liable. Regional Office to lower operating units. actual amount budgeted amount. paid out of the 39 Chapter 38 TheBudget Process r f. Statement of ApproDen Uilizations, Budget, and Balances this report is Disbursemes their authority to use and utilizations revenue, the It shows the revenue. disbursements budoo thereof with reports, n e t h e r with budget I n f o r m a t i otogether information in preparing aring The provide and financial Budget, Uilizations, Disbursements oand Expenditures similar to 'f above b of a discuss this they they depository banks in a similar estimate. However, the amounts the are outstanding. number of days these obligations and DBM within 30 submitted to the COA report is after the end of the year. You to make submitted them that of giving to in Budget consulted Papa the order Lolo (a estimate better old estimate, current reflect to Papa President). your retired Lawyer) to review This(House Deliberations). estimate estimate to Lola the reviewing the estimate, Lolo gave Deliberations. for further study (Senate (a After days and Balances reports 'c' and 'd ear, hearing estimate with Mama (Budgetfor approva Oice of the Il. Budget Legislation Legislation retired CPA) Lolo and Lola had some disagreements, so they asked (Bicameral harmonize the conflicts your dog, to the Umpong submitted Deliberations). After harmonizing the conflicts, for Lola Lolo and version of the estimate back to both Umpong, Summary of Appropriations (based 14 of the on or before February above) shall be submitted per a instead new one defended your Mama Obligations, A Consolidated Statement of Allotments, on need circumstances ( zero-based budgeting). (Presentation to the owed to them, and while budgeting). Mama Papa and end of each quarter. shows shows a, you Same you decided Obligations asked estimate quarterly basis and above are prepared Reports 'b' to h' within 30 days after the the COA and DBM are submitted to following yeár. "Bicam ratification. estimate to Papa for Lolo and Lola submitted the ratified for the Your approved budget enactment (President's enactment). month is P100 (Appropriation). 13. Performance reviews of statements later. statements of of money on a reviews on o ne e trip are leaving for a 1 nth trip 1-month Mama are will leaving first you Mamato make Papa and and sister Papa asking an estimate of the little by your last year time (BudgetCall). You started y o u r made they arè gone Sane her needs( bottom-up budgeting). had you Little Sister of also and they went for a l-month trip a of creditors, the is Story: The Budget Cycle given quarter. names , later. s o so in authorized government Demandable s and Revenue and Other Receipts shows tha h. Quarterly Report of BTr and other receipts remitted to the actual revenues and and We will d statement I. Budget Preparation - Aging of Due ch h whic A m o u n t s , governmententity. by Object of of expenditures. provides details i the Amounts, of Budget and Actual components of a complete set of the r Statement of Comparison Approved g. Summary of deposited o provide the unutilized amount. Balances c Statement ot th he er r o prepared by agencies that ha e recor bu ud dg ge et t b The DBM and COA the agencies perform periodic performance accountability and report to the President. and budget . Execution on how the left the money to Uncle. Unde gave you guidelines the timing of based on your estimates money will be released to you, disbursements (Release guidelines and BED5). Budget Papa of 14. Audit-the COA audits the agencies Chapter 40 Uncle told you that you can now incur obligation ions 41 The Budget Process up to (Allotment P80 went to Aling Masing's Store to purchase groce ofthen You maximum of Oblio on redIt credit (incurrence (lncurrence of worth P50 n month, I for vOu 25 cash to cover your cash disburse goodfor t Obligatio ions). needs week for the 1 (Disbursement Authority Allocation). You gave Little - bursemen Notice o of e Cas SIster her share of P5 (Notice sfe of Allocation). BUDGET PREPARATIONN 4. Housse D e l i b e r a t i o n s 2. Budget Hearings 1iset 3. Presentation Offce of the ent the Pres1a week were as follows: in the Your disbursements -You:P5 installment paymen to Alng Masing and P12 on perso 5.S e n a t e Deliberations needs needs Litte Sister: P5 on personal in Ist week Total disbursements P22 14. A u d i t N. Budget Acountability reports after the 1 week will show Your budget accountabiliy information (6uager Accountability Reports): the following THE APpropriation: PI00 Allotment received: P80 13. Performance P20 Unreleased appropriation: (P100- P80) + P12 on vo Obligations incurred: (P50 to Aling Masing personal needs +5 on Little Sister's personal needs) P67 Unobligated allotment: (P80 allotment P67) - = Reviews BUDGET 6. Bicameral Deliberationns CYCLE P13 Disbursements:P22 Unpaid Obligations: (P67 obligations incurred disbursements) = P45 (payable to Aling Masing) P22 Unused NCA = (25 NCA - P22 disbursements) = P3 12. Budget Accountability 7. President's Reports Enactment REPORT Unde periodically updates Papa and Mama regarding your budget execution through cal and text (Performance Review). Papa and Mama will audit you when they return (Audit). -TheEnd 11. Disbursement 10. Incurrence o Authority 9. Allotment Notice that appropriation, allotments and disbursement authorities are systems of budgetary controls. Instead of releasing the allocated funds of P100 to you all at once, it is released on a piecemeal basis, based on your estimate of the (Budget Execution Documents 'BEDs'). This timing of needs is to prevent the incurrence of overdraft (i.e., obligations exceeding the appropriated funds). 8. Release & BEDS Guidelines BUDGET EXECUTION 42 Chaptert 43 The Budget Process Responsibility Accounting To better evaluate the Audit budget government accounting adheres accountability to the accounting. concept of of an Commission entit tity, responsibili ility Responsibility accounting is a system ot providing cost ana revenue information over which This enables the evaluation of a manager has direct control n manager's performance based only on matters that are directly under his control. budget deviations can be readily attributed to the Therefore managerss accountable therefor. a Responsibility accounting requires the identification o centers and the distinction between controllable and responsibility non-controllable costs. Responsibility center is a part, segment, unit or function of government agency, headed by a manager, who is accountable - a > for a specified set of activities. Controllable costs a cost is considered controllable at a given level of managerial responsibility if the manager has the power to incur it within a given period of time Non-controllable costs are costs incurred indirectly and - allocated to a responsibility level. Except derive most of their income from collection of taxes and fees, government agencies are basically cost centers whose primary purpose is to render service to the public at for some the lowest possible cost. Each of the evaluated based which managers on his of an ability agency that is a cost center is to meet budgeted goals for controllable costs. All costs are controllable by top management because of the high extent of its Fewer costs are authority. controllable in lower management levels because of the decreased scope of authority. Each government agency is center code as follows: Responsibility o Center Code Stru ture on Example: otoeo Can Agenc 0 Agency ( o o n LowerLev Ceel Oia Opentng efikeldepartmest AdAeal code for jar oicedepartueat A4atad cede for majer Major Oice Dp run Netiooel Gve Chapter 2 Summary: Cycle: (1) Budget Preparation, (2) Budget tability Legislation, (3) Budget Execution. (4 Budget Accountabily The Budget "bottom-up" budgeting, several parties participate in tne budget preparation, starting from the lowest to the highest levels Under of the government. Under zero-based" budgeting, the current year's budget 1s formulated without regard to the previous year's budget. Government agencies are required to justify their current year s proposed programs and expenditures, irrespecuve o whether these are new or carried over from the previous year. Appropriation -is the authorization made by a legislative body to allocate funds for or the purposes specified by similar authority. Allotment is an legislative authorization issued by the DBM government agencies to incur obligations for to specified amounts contained in a legislative appropriation in the form of budget release documents. It is also referred to as Obligational Authority. Obligation is an act of a duly authorized official which binds the government to the immediate or eventual payment ofa - sum of money. assigned a responsibility Under responsibility accounting a manager's performance is evaluated only in terms of the costs that he controls. hapte 45 The Budget Process PROBLEMS: greatly PROBLEM2-1: 10. Responsibility TRUE OR FALSE accounting accountability because managers of the costs or other variables that they e in the Philippines uses a "b 1. The budget this approach, the Under approach. levels of the government down to t from the highest preparation bottom-stanuy 2 An entity prepar budget in the its budget by simply rolling-over previous year and budget deviations adjusting each line item aily readily Which 1. of the zero-based budgeting a. Bottom-up budgeting b. Top-down budgeting the Budget deliberations Arrange 2. in the Congress start in government entity the following steps terms attributed and to the describe managers the budget the sequence tnat Budget accountability reports President's enactment of the GAA Budget hearings with the DBM V. allotment beforei make disbursements even d. V, LI, IV and III Arrange the following steps according 3. they appear in the budget cycle. Allotment (NCA) is an authority issued by regional and offices operating units to cover their cash provincial requirements. c,I, V, I,I and II before i Appropriation is also called obligational authority. 9. The Notice of Cash Allocation the DBM to central, in I Allotment Bicameral deliberations I. the House dt receives a disbursement authority. 8. only t h e r e t o r e , control, according to a. V,IV, L, I and II b. V,IL, IV, I and II can d they appear in the budget cycle. can incur obligations. 7. A e of it TV. an t of Senate. 6. A government entity must first receive a d. Non-incremental budgeting President for review. notice u C. Zero-based budgeting the DBM, the proposed An entity can incur obligations after receiving appropriation but before receiving the allotment l following does not properly process used in the Philippines? budget call from a PROBLEM 2-2: MULTIPLE CHOICE udget various agencies are:submitted immediately to the Offic 5. be 10% increment to reflect inflation, This process is descrih 3. After the 4 can accountable therefor. owes levels. v are budget preparation ty budget budget enhances and Disbursement authority IL Disbursement V. V. Appropriation Incurrence of obligation to the sequence that 46 Chapter a. IV,L I, V and III b. IV,I V, II and II 4 c. IV, I, V, II and III is d. IV, V, L, II and IlI cash d. It is a notice This type of budget is prepared in such a way that estimas. revenues exceed estimated expenditures. a. Balanced budget c. Obligations budget nated b. Excess budget 4 The Budget Process allocated 9. Disbursements a. b. 5. This summarizes an agency's fiscal year plans and performance targets. It shows the agency's physical an n financial plan, monthly cash program, estimate of income, and list of obligations that are not yet due an month, 7. Budget Execution Documents (BEDs) b. Special Allotment Release Order of Approved C. Statement Budget, C. a. b. d. Utilizationg It refers to the amount contracted by a auy authorized administrative officer for which the government is held liable. Appropriation c. Obligation Allotment d. Disbursement 8. Which of the following best describes the Notice of Cash c o m m o n l y most are " e n t i t i e s Fund MDS Checks Cash c. Petty d. Credit Card Cash except following accounts to to sef segregate non-controllable costs a. aan authorization issued by the ncu DB tO IuA obligations. It is also referred to as Obligational Authority. C. Budget call a. Appropriation d. Budget hearings b. Allotment Congress nnedexpenditures. accounting rrequires of the all of e s all b. I t is by 10. Responsibility a. separate books of demandable. Disbursements and Balances d. Aging of Due and Demandable Obligations received from th the payment of plan govermment enti for the made through d. Budget meal that identification of responsibility centers distinction between controllable and costs controlla and controllable non-controllable coding structure for responsibility center PROBLEM 2-3: MULTIPLE CHOICE A legislation approves the allocation of e10OB funds to suPp o r t rrent the operations of Entity A (a government agency) in the cuuc year. At the start of first quarter, Entity A authorization to incur obligations for a maximum of 45B in that quarter. Entity A extends half of that authorization to its lower operating receives amount units. to During the quarter, Entify A receives monthly authorizauo not to exceed pP15B per month. Entity A extends disburse funds half of those monthly authorizations to its lower operating unit At the end of the quarter, totaB obligations incurred amounted to P40B while total disbursements amounted to P35B. Allocation (NCA)? 1. The allocation of the P100B funds to Entity A is referred to as It is a form of legislative authorization in the allocation of a. Allotment c. Obligation funds for specified purposes. b. Appropriation d. Sub-allotment b. It is a form of authorization to a to. government agency incur obligations on behalf of the 2. The allocation of the P100B funds to Entity A is authorized government. by C. It is a form of authorization to a a. and of to Department Budget Management (DBM) government agency make disbursements out of government furnds. a. Chapter 48 49 The Budget Process (COA) (BTr) Bureau of Treasury Commission on b. C. Audit d. Notice of Transfer of d. Congress Allocation(NTA) A p p r o p r i a t i o n s , The 45B 3. a. Allotment The P45B authorization a. 1s received as a. P65B A's first Obligations, (Central Office) to a. its 10. In Entity Allotments, Allotment 6. authorization externded by Entity c.Obligation s 2 b. P60B d . P45B c.P55B A's first Obligations, quarter Disbursements b. P5B much atement how Balances, and allotments?" d.P15B c. P10B Appropriatio1s, A 11. In Entity A's first quarter Statement of how much Allotments, Obligations, Disbursements and Balances, is shown as "unpaid obligations? d. Sub-allotment a. P6B b. P5B d. P15B c. P10B Which of the following best describes the P15B monthi authorizations? a. PROBLEM 2-4: FOR CLASSROOM DISCUSSION Allotment c Disbursement NCA) authority (e.g, Notice of Cash Allocatio b. COA audit findings d. Disbursement authority d. PFRSs (eg, Notice of Transfer of Allocation NTA) 7. The P15B from a. DBM b. COA in of govermment entities must be conformance with the law and the a. National budget c.PPSASs 1 All disbursements b. Obligation authority (eg. Notice of Cash Allocation 'NCA 8. how Balances, and is shown as "unobligated lower operating units is referred to as b. Appropriation Statement of Disbursements unreleased appropriations a. P6B 5. The half of the P45B quat fAppropriations, by Entity A from d. Congress b. COA Entity is shown C. BTr DBM In Allotments, d. Sub-allotment b. Appropriation 4 9. referred to as c. Obligation authorization is 2. An entity prepares its budget for the upcoming year trom scratch. It scrutinizes each item in the budget irrespective of monthly authorizations are received by Entity A c. BTr d. Congress whether the item was incuded in the previous budget. This process is called a. zero budgeting b. incremental budgeting c. scratch budgeting d. zero-based budgeting 3. Under this approach to budgeting, several parties particip e in the budget preparation from the lowest levels of Entity A (Central Office) to its lower operating units is govermment to the highest levels, and sometimes even citizenreferred to as stakeholders participate in the budget preparation. a. Cash The half of the 15B b. c. monthly authorizations extended by Disbursement Ceiling Non-Cash Availment Authority Notice of Cash Allocation (NCA) 51 Chapter 50 C. top-down budgeting a. bottoms-up budgetng d. bottom-up budgeting b. zero-based budgeting The Budget Process disbursements. correct sequence before 8. Entity A, a government entity, wants tto o m a k e edquence ants sequence of the 4. What is the correct following steps in th L Budget Legislatiorn Budget Accountability II. Budget Preparation V. Budget Execution Entity I. budget process? . Arrange the I. Il. IV. Allotment IL, II, I and IV b. I, I,IV and II 5. a. APPropriation Incurrence of obligation IL, IIL, I, and IV C. II, 1, I, and IV d. IIl, IV, I, and into d. II1, IV, I and II en nt te er r e ca n c This committeeis called the Adjudication Conference Committee 9. This is necessary before government enment bind nat bind the contracts that entities entities government into e v e n t u a l the for disbursement of government funds a. Disbursement authority C.Allotment obligation b. Notice of cash allocation I n c u r r e n c e of d. is performance 10. Under b. Bicaramel Conference Committee c disbursements b. IIL, I, IV, and II the Congress After deliberations in both houses in at is formed to harmonize any conflis committee a finished, versions of th between the Representatives and Senate General Appropriations Bill. events in the Disbursement Authority a. c. IT, I, I and IV a. llowing A can make valid responsibility accounting, a manager's evaluated a. based on all resources under his custody Referee Conference Committee d. Bicameral Conference Committee b. only C. on in terms of the costs, or other variables, that he controls. 6. It is the authorization made by a legislative body to allocat funds for purposes specified by the legislative or simil authority. a. Appropriation b. Allotment 7. c.Obligation d. Disbursement These are the authorizations programmed annually or fo legislation which does not require periodic action b Congress. b. New General Appropriations C. Continuing Appropriations d. Supplemental Appropriations costs. d. only at year-end. some other period prescribed by law, by virtue of outstanding a. Automatic Appropriations the basis of both controllable and non-controllade