About Budget Office
The Budget Office department abides by the policies and guidelines for the use of income special trust funds or Internally Generated funds and programs of receipts and expenditures of the state universities and colleges (SUCs). In accordance with the pertinent provisions of Republic Act (R.A) No. 7722, otherwise known as the” Higher Education Act of 1994” and by the virtue of the Commission Resolution No.: 102-210 dated May 12, 2010, And Section 40, Chapter 5, Book VI Executive Order No. 292, Section 86 of Presidential Decree No. 1445, Section 30 of the General Provisions of Republic Act No. 11639 (2022 General Appropriations Act), CHED Memorandum No. 20, series of 2011 and other applicable laws, rules, and regulations.
The Budget Office of EVSU-Ormoc Campus supports and justifies the implementing rules and guidelines issued for the guidance of all SUCs.
The Budget Office of EVSU-Ormoc Campus seeks to establish the disposition of all Internally Generated Funds accruing for the use of income operations, fiduciary funds income generating activities, and regular funds and others. Shall define fund structure, fund control, and establishing accountability of the responsibility center that such structure is outlined properly. The specific allocation made by each responsible funds’ administrator and the program activities. To accomplish all required documents and to produce the budgetary provisions the Budget Office shall submit the approval by the BOR/T the certification of the collections have been made and budget proposals and ensure that the distribution and implantation of the budget shall be implemented within the Calendar Year for which it was formulated.
The head and the staff of the budget office will prepare the budget proposals and justifications and shall furnish a copy of the BOR/T approved budget to the accounting office. And submit the required submission of reports, justification, and expenditures of budget utilization/obligations by a program of expenditures.
Purchase Request and other payments from the different offices, before approving all the requisitions budget office staff shall determine if there are available funds. All budget proposals for maintenance and other operating expenses requiring procurement shall be covered by the APP and PPMP duly signed by the executive director and the requiring bodies. This requirement and all other mandatory requirements under RA 8194 (Government Procurement Reform Act) shall be observed strictly to maximize the use of financial and material resources.
The budget office also abides by the mission, vision, and core values of the university.
