DBM issues Circular Letter on the Release of Funds for January 2020

DBM issues Circular Letter on the Release of Funds for January 2020

The Department of Bufget and Management issued Circular Letter No. 2020-1 entitled Release of Funds for January 2020 on Thursday, 02 January 2020. The said Circular Letter was uploaded in DBMs official website or at www.dbm.gov.ph. Copy of the said circular letter can also be downloaded from the link below.

1.0 This Circular covers the following:
1.1 All agencies in the national government, including SUCs; and
1.2 The Bureau of the Treasury for the amounts of assistance to government
owned or controlled corporations (GOCC5) and local government units
(LGUs).

READ: Salary Increase of Government Workers Effective January 1, 2020

2.0 Pending the approval of the FY 2020 General Appropriations Act (GM), all operating units, i.e., agencies of the national government receiving allotment/Notice of Cash Allocation (NCA) directly from DBM, are authorized to obligate the amount corresponding to their actual requirements under the regular budget for the month of January FY 2020 but not to exceed the following percentages, i.e.:

2.1 Chargeable Against Agency Specific Budget
2.1.1 Personnel Services (PS)
2.1.1.1 One twelfth (1/12) of PS level using actual salary requirements as of December 31, 2019 (i.e., number of filled positions and salary rates) but not to exceed the level provided under the FY 2020 National Expenditure Program (NEP). This PS level shall exclude the following:

• Mid-Year Bonus;
• Year-End Benefits and Cash Gift;
• Clothing and Uniform Allowance;
• Productivity Enhancement Incentive; and
• Built-in funds in the agency budget for creation of new positions.

2.1.1.2 For Retirement Benefits of Compulsory Retirees
For agencies with built-in proposed levels for RG/TL in FY 2020, the evaluated actual requirements of compulsory retirees whose retirement dates shall fall due in January FY 2020.

2.1.2 Maintenance and Other Operating Expenditures (MOOE) - one twelfth (1/12) of the regular programs and ongoing foreign assisted/locally funded projects funded under the FY 2019 GAA (R.A. No. 11260) and the FY 2020 NEP, whichever has the lower amount.

2.1.3 Capital Outlays (CO) - one twelfth (1/12) of the regular programs and ongoing foreign assisted/locally funded projects funded under the FY 2019 GAA (R.A. No. 11260) and the FY 2020 NEP, whichever has the lower amount.
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RELEASE OF FUNDS FOR JANUARY OF FY 2020 - DOWNLOAD