Supplemental Budget Reso 2023
Supplemental Budget Reso 2023
Supplemental Budget Reso 2023
Province of Cotabato
Municipality of Polomolok
BARANGAY MAGSAYSAY
Excerpt from the minutes of the 8th Regular Session of the Sangguniang Kabataan of Barangay Magsaysay,
Polomolok, South Cotabato held at Barangay Session Hall on August 11, 2023 - 1:10 P.M.
Present:
WHEREAS, the Local Government Code of 1991 empowered and granted authority to Sangguniang
Kabataan both in its administrative and financial operations.
WHEREAS, the funds available for the CALENDAR YEAR 2023 Supplemental Budget No. 1 was
sourced out from the savings of the different Programs/ Projects and Activities amounting to One Hundred Fifty-
four thousand pesos and its appropriated as follows:
A. SOURCE OF FUNDS:
Savings from:
• Honoraria (January- July) 56, 000.00
• Fidelity Bond Premium 5, 000.00
• Bank charges/ Accountable forms 5, 000.00
• ICT equipment 58, 000.00
• PaSKuhan 2023 30, 000.00
WHEREAS, after thorough deliberation, and all premises considered, and upon motion of Hon. Samantha
Ong, the body:
UNANIMOUSLY CARRIED,
PREPARED BY:
Novyjean A. Palermo
SK Secretary
APPROVED BY: