Page-5 BRGY RESOLUTION 12 (App-Ordinance) 2022

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Republic of the Philippines

Province of CAMARINES SUR


Municipality of LIBMANAN
BARANGAY HANDONG

Office of the Sangguniang Barangay

EXCERPT FROM THE MINUTES OF THE REGULAR SESSION OF BARANGAY HANDONG, LIBMANAN, CAMARINES SUR,
HELD ON FEBRUARY 17, 2024 AT 3:00 P.M. AT THE BARANGAY SESSION HALL OF HANDONG, LIBMANAN, CAMARINES
SUR.

PRESENT:
1. HON LUIS B. ESTOY JR. Punong Barangay
2. HON. TOM ERICK B. ALDRIDGE Barangay Kagawad
3. HON. DANILO S. PAZ -do-
4. HON. DANNY R. SAN ESTEBAN -do-
5. HON. MILDRED N. BERAQUIT -do-
6. HON. FREDERICK O. SAN ANDRES -do-
7. HON. SARAH M. ARINGO -do-
8. HON. CECILIA N. GUIRUELA -do-
9. HON. ERIKA B. ROYALES SK Chairperson
10. MR. ALVIN P. BOBAY Barangay Secretary
11. MS. DIONIFER B. AVILA Barangay Treasurer

ABSENT: NONE
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RESOLUTION NO. 23
Series of 2024

“A RESOLUTION AUTHORIZING ORDINANCE APPROPRIATING THE ANNUAL BUDGET OF THE


SANGGUNIANG KABATAAN OF BARANGAY HANDONG, LIBMANAN, CAMARINES SUR WITH IT’S
CORRESPONDING AMOUNT OF THREE HUNDRED TWENTY-ONE THOUSAND TWO HUNDRED
THIRTY-FOUR PESOS AND NINETY CENTAVOS (Php. 321,234.90) FOR THE CALENDAR YEAR 2024.”

WHEREAS, in ordinance with Section 20 (a) of the SK Reform Act 2015 (Republic Act [RA] No. 10472,
ten percent (10%) of the General Fund of Barangay shall be disbursed solely for youth development
and empowerment purposes;

WHEREAS, SECTION 1. APPROPRIATION ORDINANCE NO. 1, Annual Budget of Sngguniang Kabataan in


the amount of THREE HUNDRED TWENTY-ONE THOUSAND TWO HUNDRED THIRTY-FOUR PESOS AND
NINETY CENTAVOS (Php. 321,234.90) in the General Fund of Barangay Handong, Libmanan,
Camarines Sur;

WHEREAS, the Budget documents consisting of the following are incorporated herein and made
integral part of this ordinance:

1. Travelling Expenses
2. Training Expenses
3. Office Supplies
4. Other Maintenance and Operation Expenses and Materials
5. Fidelity Bond Premium
6. Membership dues and other contributions
7. Capital Outlay
8. Youth Development and Empowerment Programs

WHEREAS, SECTION 2. Sources of funds for the Annual Budget of 10% SK Share from the General
Fund of the Sangguniang Barangay in the total amount of THREE HUNDRED TWENTY-ONE THOUSAND
TWO HUNDRED THIRTY-FOUR PESOS AND NINETY CENTAVOS (Php. 321,234.90) as follows

1. Beginning Balance of 2023 - Php. 0.00


2. 10% SK Share 2024 - Php. 321,234.90
WHEREAS, SECTION 3. General Provision. The following are authorized for the fiscal year:
a. Income from tax revenue, subsidy assistance, share from grants and donation, and other
revenue shall be collected at a maximum collection efficiency.
b. Priority in the use income shall be the budgetary requirements as a mandate by the LGC.
c. All procurement shall follow strictly the provisions of R.A. 9184.

WHEREAS, SECTION 4. Effectivity. This Ordinance shall take effect immediately upon its approval.

NOW THEREFORE, on motion by Hon. Erika B. Royales, SK Chairperson, duly seconded by Hon. Sarah
M. Aringo, Barangay Kagawad, be it.

RESOLVED, as it is hereby resolved Appropriating the Annual Budget of the Sangguniang Kabataan of
Barangay Labao, Libmanan, Camarines Sur, THREE HUNDRED TWENTY-ONE THOUSAND TWO
HUNDRED THIRTY-FOUR PESOS AND NINETY CENTAVOS (Php 321,123.90) for the Calendar Year
2024;

RESOLVED FURTHER, that copies of this resolution be furnished to the Office of the Sangguniang
Bayan, the Municipal Accounting Office and the DILG Municipal Operations Office.

UNANIMOUSLY APPROVED:

FEBRUARY 17, 2024


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I HEREBY CERTIFY to the correctness of the above-quoted resolution.

ALVIN BOBAY
Barangay Secretary

ATTESTED BY: APPROVED:

SARAH M. ARINGO LUIS B. ESTOY JR.


Chairman on Committee on Appropriation Punong Barangay

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