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  • DBM Budget Cycle

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    Reyner Delos Reyes Valencia
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    The document outlines the key phases of the budget process including preparation, legislation, execution, and accountability. During preparation, stakeholders are engaged, technical hearings held, and the budget is reviewed by executives before presentation to leadership. Legislation involves deliberations in the House and Senate, reconciling differences, and potential veto. Execution releases funding guidelines, allocates allotments and cash, and oversees obligations and disbursements. Accountability assesses performance targets, agency reviews, audits, and a performance-based incentive system.

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    Department of Budget and Management Process in the philippines

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    The document outlines the key phases of the budget process including preparation, legislation, execution, and accountability. During preparation, stakeholders are engaged, technical hearings held, and the budget is reviewed by executives before presentation to leadership. Legislation involves deliberations in the House and Senate, reconciling differences, and potential veto. Execution releases funding guidelines, allocates allotments and cash, and oversees obligations and disbursements. Accountability assesses performance targets, agency reviews, audits, and a performance-based incentive system.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    2K views1 page

    DBM Budget Cycle

    Uploaded by

    Reyner Delos Reyes Valencia
    The document outlines the key phases of the budget process including preparation, legislation, execution, and accountability. During preparation, stakeholders are engaged, technical hearings held, and the budget is reviewed by executives before presentation to leadership. Legislation involves deliberations in the House and Senate, reconciling differences, and potential veto. Execution releases funding guidelines, allocates allotments and cash, and oversees obligations and disbursements. Accountability assesses performance targets, agency reviews, audits, and a performance-based incentive system.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
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    Preparation Phases 1. The Budget Call 2. Stakeholder Engagement 3. Technical Budget Hearings 4. Executive Review 5.

    Consolidation, Validation and Confirmation 6. Presentation to President and Cabinet 7. The Presidents Budget

    Budget Legislation Phases 1. House Deliberations 2. Senate Deliberations 3. Bicameral Deliberations 4. Ratification and Enrollment 5. The Veto Message 6. Enactment Budget Execution Phases 1. Release Guidelines and Program 2. Budget Execution Documents (BEDs) 3. Allotment and Cash Release Programming 4. Allotment Release 5. Incurring Obligations 6. Cash Allocation 7. Disbursement Budget Accountability Phases 1. Performance and Target Outcomes 2. Budget Accountability Reports (BARs) 3. Review of Agency Performance 4. Audit 5. Performance-Based Incentive System

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