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    OPENING-OF-ACCOUNT

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    Mernalyn Bacur

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    OPENING-OF-ACCOUNT

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    1 views4 pages

    OPENING-OF-ACCOUNT

    Uploaded by

    Mernalyn Bacur

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    © All Rights Reserved
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    Republic of the Philippines

    Province of Eastern Samar


    Municipality of Dolores
    BARANGAY BONGHON

    OFFICE OF THE SANGGUNIANG KABATAAN

    RESOLUTION NO. 01- SERIES OF 2023

    A RESOLUTION ENFORSING THE OPENING OF THE BARANGAY BONGHON


    SANGGUNIANG KABATAAN (SK) BANK ACCOUNT AT DEVELOPMENT BANK OF THE
    PHILIPPINES, DOLORES AND AUTHORIZING SANGGUNIANG KABATAAN (SK)
    CHAIRPERSON HON. NORMAN C. BAULA AND SANGGUNIANG KABATAAN (SK)
    TREASURER MR. JERICK C. CATUDAY AS OFFICIAL SIGNATORIES FOR THE
    OFFICIAL DISBURSEMENTS AND ENCASHMENTS OF THE SAANGGUNIANG
    KABATAAN (SK) FUND.

    WHEREAS, the Republic Act of 10742, or the Sangguniang Kabataan (SK) Reform Act of 2015, under
    Chapter II Sec. 20 Sangguniang Kabataan Funds clause (b) states that "The Sangguniang Kabataan shall
    have financial independence in its operations, disbursements, and encashment of their fund, incomes, and
    expenditures. As such, the Sangguniang Kabataan funds shall be deposited in the name of the
    Sangguniang Kabataan of the concerned barangay in a government-owned bank situated in or nearest to
    its area of jurisdiction with the Sangguniang Kabataan Chairperson and the Sangguniang Kabataan
    Treasurer as the official signatories",

    WHEREAS, the Implementing Rules and Regulations (IRR) of Republic Act 10742 OR Sangguniang
    Kabataan (SK) Reform Act of 2015, under Rule II Section 20 SK Funds under clause (a) states that the
    SK funds shall be governed by the following provisions: " Ten percent (10%) of the general fund of the
    barangay shall be set aside for the SK. The Sangguniang Barangay shall appropriate the SK funds in
    lumpsum which shall be disbursed solely for youth development and empowerment purposes. Such funds
    shall be disbursed in accordance with the provisions of RA 10742, this IRR, RA 7160, RA 9184, and such
    other pertinent rules and regulations",

    WHEREAS, the Department of Budget and Management (DBM)- Department of the Interior and Local
    Government (DILG)- National Youth Commission (NYC) Joint Memorandum Circular (UMC) No. 1, s.
    2019 dated January 23, 2019, under 3.2 Release of the SK Fund by the Barangay, clause 3.2.2 states that
    "Consistent with Section 20 (b) of RA No. 10742, the SK shall open a current account in the name of the
    SK in a bank, preferably government-owned, situated in or nearest to its area of jurisdiction, with the SK
    Chairperson and SK Treasurer as the official signatories. For efficiency and economic purposes, it is
    strongly encouraged for the SK to open and maintain a depository account in the same bank and branch of
    its barangay. In the opening of account, the provisions of Department of Finance Department Circular No.
    1-2017 dated May 11.2017 shall be strictly observed",

    WHEREAS, this body believes that the Sangguniang Kabataan (SK) Chairperson and Sangguniang
    Kabutaan (SK) Treasurer will confidently represent the Sangguniang Kabataan of Barangay Del Pilar in
    Republic of the Philippines
    Province of Eastern Samar
    Municipality of Dolores
    BARANGAY BONGHON

    its official disbursement and encashment or the Sangguniang Kabatan (SK) funds with utmost
    accountability, responsibility, and transparency.

    NOW, THEREFORE, on the motion of Hon. Arman L. Robredillo, duly seconded by Hon. Rodmark A.
    Rapis and concurred by the SK members present, it was,

    RESOLVED, as it hereby resolved, to formally open the bank account of Sangguniang Kabataan of
    Barangay Bonghon at Development Bank of the Philippines (DBP), Dolores branch located at LGU
    Dolores Building, Cor. Real St. & San Jose St., Brgy 10, Dolores, Eastern Samar.

    RESOLVED, as it hereby resolved, to authorize Sangguniang Kabataan (SK) Chairperson Hon. Norman
    C. Baula and Sangguniang Kabataan (SK) Treasurer Jerick C. Catuday as the official signatories of the
    Sangguniang Kabataan (SK) of Barangay Bonghon in its official disbursements and encashments of the
    Sangguniang Kabataan (SK) Fund.

    RESOLVED FURTHER, that the Bank Account to be opened in the name of Sangguniang Kabataan of
    Barangay Bonghon at DBP Dolores Branch is the only official Bank Account to be utilized by the
    Sangguniang Kabataan, through the Sangguniang Kabataaan (SK) Chairperson Hon. Norman C. Baula
    and Sangguniang Kabataan (SK) Treasurer Mr. Jerick C. Catuday as the official signatories, in the
    official disbursements and encashments of SK Fund,

    RESOLVED FURTHER, that the authority granted as official signatories of the Sangguniang Kabataan
    (SK) of Barangay 01 to Sangguniang Kabataan (SK) Chairperson Hon. Norman VC. Baula and
    Sangguniang Kabataan (SK) Treasurer Mr. Jerick C. Tapay, adheres to and is pursuant to the existing
    laws, policies, procedures, rules and regulations,

    RESOLVED FURTHER, the copy of the resolution will be submitted to the Sangguniang Kabataan of
    Barangay 01, Sangguniang Kabataan Federation of City of Dolores, Local Youth Development Office
    (LYDO) of Municipality of Dolores, and Department of the Interior and Local Government (DILG) of
    Municipality of Dolores for review.

    UNANIMOUSLY APPROVED this 25th day of November 2023.


    Republic of the Philippines
    Province of Eastern Samar
    Municipality of Dolores
    BARANGAY BONGHON

    I hereby certify the correctness of the foregoing resolution.

    PREPARED BY:

    MERNALYN A. BACUR
    SK SECRETARY

    HON. MA. ISABEL C. TEGERO HON. LOPE B. BALDOS JR.


    SANGGUNIANG KABATAAN MEMBER SANGGUNIANG KABATAAN MEMBER

    HON. BRENT RYNIEL B. MACABULNOT HON. RODMARK A. RAPIS


    SANGGUNIANG KABATAAN MEMBER SAN SANGGUNIANG KABATAAN MEMBER

    HON. NOIME B. TOMBADO HON. MARK JUSTINE F. TEGERO


    SANGGUNIANG KABATAAN MEMBER SANGGUNIANG KABATAAN MEMBER

    HON. ARMAN L. ROBREDILLO JERICK C. CATUDAY


    SAN SANGGUNIANG KABATAAN MEMBER SANGGUNIANG KABATAAN TREASURER

    ATTESTED BY:

    HON. NORMAN C. BAULA


    SA SANGGUNIANG KABATAAN CHAIRMAN
    Republic of the Philippines
    Province of Eastern Samar
    Municipality of Dolores
    BARANGAY BONGHON

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