Chapter 2 Flashcards
Available for any purpose Congress may choose to apply. Composed of all receipts/revenues that do not otherwise accrue to other funds.
GENERAL FUNDS
Receipts for expenditure items not part of the National Expenditure Program. Authorized for depositing in government financial institutions.
Categories:
a. Retained income/receipt
b. Revolving Funds
OFF-BUDGETARY FUNDS
Receipt of cash received by any government agency to fulfill a specific purpose.
CUSTODIAL FUNDS
Annual authorizations for incurring obligations in terms of specific amounts to personnel services, maintenance and other operating expenses, financial expenses, and capital outlays
NEW GENERAL APPROPRIATIONS
Authorizations to support obligations for a specified purpose or project, even when these obligations are incurred beyond the budget year.
CONTINUING APPROPRIATIONS
Additional appropriations enacted by Congress to augment original appropriations that have been proven insufficient for their intended purpose
SUPPLEMENTAL APPROPRIATIONS
Authorization made annually or some other periods prescribed by law, by virtue of standing legislation, do not require periodic action by Congress.
AUTOMATIC APPROPRIATIONS
Standby appropriations for priority program/project of the government
UNPROGRAMMED FUNDS
Collections authorized by law to be used directly by agencies for their operation/specific purpose
RETAINED INCOME/FUNDS
Receipts derived from business-type activities of departments/agencies as authorized by law
REVOLVING FUNDS
Receipts officially in the possession of government agencies/public officer as trustee, agent/administrator. Received for the fulfillment of a particular obligation
TRUST RECEIPTS
Budget appropriated for a specific department/agency of the National Government
SPECIFIC BUDGET OF NGAS
Multi-lateral/Bilateral assistance. Fund category for counterpart funds, loan proceeds, and grant proceeds will be selected according to the name of the institution providing funds from the list provided by UACS manual
GoP (Government of the Philippines) Counterpart Funds and Loans/Grants from Development Partners
Share of LGU from revenue collections of the National Government
Allocation to LGU
Refers to either: subsidies for operations/projects or projects, equity contributions, and net lending and/or advances to GOCC for loan repayments
BUDGETARY SUPPORT TO GOVERNMENT CORPORATIONS
National government subsidy in the form of regular appropriation as provided in GAA which shall only be used to augment any deficiency in the consolidated funds of the MMDA.
FINANCIAL ASSISTANCE TO MMDA (Metropolitan Manila Development Authority)
Where proceeds from specific revenue measures and grants earmarked by law for priority projects are recorded and automatically appropriated
SPECIAL ACCOUNTS IN THE GENERAL FUND
Lump-sum funds included in the GAA not within the approved appropriations of departments/agencies/lower-level operating units
SPECIAL PURPOSE FUNDS
Primary subdivision of the executive branch responsible for the overall management of a sector/permanent national concern with nationwide/international impact
DEPARTMENT
Various units of the government that may not approximate the size of a department
AGENCY
Organizational entities charged with carrying out specific substantive functions/with directly implementing programs/projects of a department/agency
OPERATING UNIT
Principal subdivision of a department. Primarily performs policy, program development, and advisory functions
STAFF BUREAU
Organizational subdivision, headed by a Regional Director. Miniature department/agency
REGIONAL OFFICE
Unit established in each of the country’s regions/as may be necessary, as well as financially viable for implementing integrated and comprehensive plans and programs on cooperative development
CDA EXTENSION OFFICE
(Cooperative Development Authority)
