Cot-om, Valen Joy A.

BSA 3B

BARANGAY BUDGET PROCESS

The barangay starts preparing the budget for the succeeding year as the
current year budget is still being implemented. However, before the preparation of
such, the barangay treasurer must submit first the statement of income and expense
during the current year as well as the past years on or before September 15, which
would serve as a basis for the preparation of the barangay annual budget by the
Barangay Captain. The barangay treasurer assist in the preparation o of the budget
by determining the estimated income that is to be used as a source of fund for the
proposed budget.
Once annual budget is prepared, it shall be evaluated by the barangay
council, which shall enact the appropriation ordinance when approved by the
majority of the members. The approved appropriation shall be signed by the
barangay captain and to be submitted to and reviewed by the Sanguniang Bayan
through the City Municipal Budget officer. The municipal vice mayor together with
the regular members of the Sangunian shall review the budget to make sure it does
comply with the budgetary requirements and once declared operative, the budget
shall be executed by the barangay captain. Reports shall also be prepared such as
the quarterly report of actual income and quarterly financial report of operations.

PHILHEALTH ISSUES

One of the issues regarding PhilHealth is the falsification of financial records.

There were unexplained changes in the financial record and restatement of net
income in the past years thus making it seem like the agency has an increased
income because of decrease in benefit claim. There was also an irregular release of
special 30 billion pesos reimbursement fund for hospitals taking care of Covid-19
patients which was contradicted by Morales who claims that these hospitals are
actually the corrupt ones because they are the ones receiving the money and that
the funds allocated to them were based on their previous transactions.
Other issues include the overpriced IT projects and overpriced testing kits.
However, on the issue about the overprice was contradicted by the official
statement of PhilHealth claiming that what was actually stated in the internal audit
report was that there was discrepancies and not overpricing. Whereas the
discrepancies according to them was actually the result of the difference between
the actual price and the budget estimate.