BUDGET PROCESS OF THE PROVINCE OF ILOILO For this task, I researched about the Sangguniang Panlalawigan ng Iloilo. I have downloaded the Annual Budget for calendar year 2016 as submitted by the Province of Iloilo in compliance to the Full Disclosure Policy of the Department. As I have been reading and analyzing the excerpts from the minutes of the 51st Regular Session of the 11th Sangguniang Panlalawigan ng Iloilo, held in the Session Hall of the new Iloilo Provincial Capitol, Iloilo City on 01 December 2015, below are my reactions:

The Province of Iloilo is one of the provinces in Region VI – Western Visayas. It covers 1 component city—Passi City and 42 municipalities. In totality, it is composed of 1, 721 barangays in all 5 districts. Iloilo …show more content…
The total personal services appropriation has complied with the PS limitation applicable to 1st-3rd class provinces [Sec. 325 (a), RA 7160];

Since the 2016 Annual Budget is found in accordance with the Local Government Code of 1991, the Chairman of the Committee on Appropriations recommended the approval of an Appropriation Ordinance. After which, during the division of the house, all members present voted unanimously in favor of the passage of the appropriation ordinance enacting the 2016 General Fund Annual Budget of the Province of Iloilo on 01 December 2015.

Subsequently after its approval, the Annual Budget for 2016 was executed at the start of the official fiscal year 2016. The Local Chief Executive has already released fund for the programs, projects and activities for the current year in line with his developmental agenda. The provincial treasurer then takes custody of the funds. He is allowed to collect and disburse such for funding of the developmental PPAs of the locale. The funds that has been disbursed shall be subjected to inspection by COA at all times. Sec. 352 also provides that the local treasurers, accountants, budget officers and other accountable officers shall within 30 days from end of the fiscal year to post in at least 3 conspicuous places a summary of income and