We are in the midst of a global financial crisis and every nation, the Philippines included, is pre-occupied in putting fiscal stimulus packages to mitigate the impact of the crisis. But this should not dampen our enthusiasm to celebrate Christmas. Maybe not as merry as before but certainly a Blessed one. To all Fiscal Ad Spacers, A Blessed Christmas and a Hopefully Prosperous New Year!
For LGUs which have not yet secured a copy of Local Budget Memorandum No. 58 on the grant of extra cash gift/additional benefits, here's a scanned copy of the issuance. To download, right click the image and save in your desktop. A clear copy can be downloaded from this site
The Association of Local Budget Officers in Region VI (ALBO VI) will hold its traditional year-end conference-seminar on December 3-5, 2008 in San Antonio Resort, Baybay, Roxas City, Capiz. Hosting this year's culminating activity which coincides with the province "Halaran Festival", is the Capiz Municipal Budget Officers' Association (CAMBO).
DBM's Asst. Secretary Eduardo P. Opida will deliver the keynote address during the Opening Program in the afternoon of December 3. Asec. Opida will also provide the participants comprising of local budget officers and their staff from the different LGUs of Region VI - an update on the 2009 Internal Revenue Allotment (IRA), the proposed Modified Compensation and Position Classification or SSL 3, and other budget policies and issuances. Other topics to be discussed are: "Public Accountability", "Anti-Red Tape Law", and "GPRA Updates". Details of the Program can be viewed from this site.
The DBM has issued Local Budget Memorandum No. 56 informing LGUs that pending presidential proclamation of the 2007 population census, and the submission by the DENR of the updated consolidated master list of land area, the Internal Revenue Allotment (IRA) of LGUs will be computed based on the existing official data namely, the 2000 population census and the 2001 land area.
Thus, LGUs will expect no adjustment in the IRA shares to be released for the month of April and thereafter.
As of this writing however, the President has issued Proclamation No. 1489, proclaiming as official the results of the 2007 Census of Population which placed the total population of the Philippines as of August 1, 2007 at 88,574,614.
With this development, the DBM may have to recompute the IRA figure based on the latest official population count of each and every province, city, municipality and barangay.