Acknowledgement of the Unreleased Three-fourths (3/4) of One (1) Month Delayed Internal Revenue Allotment

February 28, 2002 BLGF MEMORANDUM CIRCULAR NO. 004-02 TO : All Bureau Officials and Personnel; Regional Directors for Local Government Finance; District Treasurers of Metropolitan Manila; Provincial, City and Municipal Treasurers; and Others Concerned. SUBJECT : Acknowledgement of the Unreleased Three-fourths (3/4) of One (1) Month Delayed Internal Revenue Allotment (IRA) For the information and guidance of all concerned, quoted below is the full text of Circular Letter No. 2002-4, dated January 11, 2002, of the Department of Budget and Management (DBM) on the above subject matter, to wit: DEICTS "1.0 This has reference to the one (1) month delayed Internal Revenue Allotment (IRA) share of local government units (LGUs) as a result of the one (1) month deferment of the IRA release in October, 2000. "2.0 Pursuant to the directive of President Gloria Macapagal-Arroyo as contained in Section 1.3.3 of Circular Letter No. 2001-16 dated August 27, 2001, one-fourth () of the one month delayed IRA in the total amount of P2.237 Billion was released to LGUs in November, 2001. "3.0 Therefore, the national government still owes the LGUs three-fourths () of the one (1) month delayed IRA in the total amount of P6.712 Billion. The amounts involved are shown as follows: Annex A for Provinces, Cities and Municipalities Annex B for Barangays "4.0 The amount shall be paid in six (6) equal annual installments every April of the year concerned. For this purpose, DBM shall issue Notices of Payment Schedule (NPS) to individual LGUs showing the annual amounts that will be paid. "5.0 The three-fourths (3/4) unreleased IRA is eligible for enrollment in the IRA Monetization Program of the Union of Local Authorities of the Philippines-Department of the Interior and Local Government (ULAP-DILG), under which, LGUs may opt to collect in advance the discounted value of the annual guaranteed cash payments. "6.0 For the information and guidance of all concerned." Attached are the Summary of the Three-Fourths (3/4) of one (1) Month Delayed Internal Revenue Allotment (IRA) for Provinces, Cities, Municipalities and Barangays. In view of the foregoing , the District Treasurers of Metropolitan Manila and all Provincial Treasurers are hereby enjoined to observe strictly the provisions of the abovequoted Circular and likewise instructed to disseminate this Circular, including the attachments, to all City/Municipal Treasurers within their respective jurisdictions also enjoining them to observe strictly the abovequoted provisions. ATHCac (SGD.) ANITA D. AMATONG Undersecretary Officer-in-Charge, BLGF January 11, 2002 DBM CIRCULAR LETTER NO. 02-4 TO : The Governors, City and Municipal: Mayors, Barangay Chairpersons, Members of the Local Sanggunian, Other Local Officials, Members of Local Finance Committee, Local Budget Officers, Accountants and Treasurers, Officials of the Commission on Audit and All Others Concerned SUBJECT : Acknowledgement of the Unreleased Three-Fourths () of One (1) Month Delayed Internal Revenue Allotment (IRA) 1.0 This has reference to the one (1) month delayed Internal Revenue Allotment (IRA) share of local government units (LGUs) as a result of the one (1) month deferment of the IRA release in October, 2000. 2.0 Pursuant to the directive of President Gloria Macapagal-Arroyo as contained in Section 1.3.3 of Circular Letter No. 2001-16 dated August 27, 2001, one-fourth () of the one month delayed IRA in the total amount of P2.237 Billion was released to LGUs in November, 2001, 3.0 Therefore, the national government still owes the LGUs three-fourths () of the one (1) month delayed IRA in the total amount of P6.712 Billion. The amounts involved are shown as follows: Annex A - for Provinces, Cities and Municipalities Annex B - for Barangays 4.0 The amount shall be paid in six (6) equal annual installments every April of the year concerned. For this purpose, DBM shall issue Notices of Payment Schedule (NPS) to individual LGUs showing the annual amounts that will be paid. 5.0 The three-fourths () unreleased IRA is eligible for enrollment in the IRA Monetization Program of the Union of Local Authorities of the Philippines-Department of the Interior and Local Government (ULAP-DILG), under which, LGUs may opt to collect in advance the discounted value of the annual guaranteed cash payments. 6.0 For the information and guidance of all concerned. (SGD.) EMILIA T. BONCODIN Secretary Summary of the Three-Fourths (3/4) of One (1) Month Delayed Internal Revenue Allotment (IRA) for Provinces, Cities and Municipalities REGIONS AMOUNT Provinces Cities Municipalities Total NCR 19,722,842 380,303,452 30,167,204 430,193,498 CAR 71,264,855 13,480,510 89,533,689 174,279,054 R-01 95,904,318 49,602,547 148,153,364 293,660,229 R-02 99,128,056 35,868,807 144,688,282 279,685,145 R-03 153,337,406, 79,848,651 219,025,556 452,211,613 R-04 262,932,223 150,416,246 363,309,853 776,658,322 R-05 118,308,759 31,857,471 173,473,149 323,639,379 R-06 134,392,539 177,316,997 172,574,710 484,284,246 R-07 103,883,750. 114,644,328 159,499,935 378,028,013 R-08 111,935,321 52,999,810 163,465,498 328,400,629 R-09 95,542,348 83,024,447 140,560,193 319,126,988 R-10 69,475,069 94,466,780 89,841,876 253,783,725 R-11 107,922,902 127,537,598 142,512,104 377,972,604 R-12 107,359,158 60,377,654 169,978,706 337, 715,518 R-13 71,897,858 37,545,890 101,554,442 210,998,190 TOTAL 1,623,007,404 1,489,291,188 2,308,338,561 5,420,637,153 Summary of the Three-Fourths (3/4) of One (1) Month Delayed Internal Revenue Allotment (IRA) for Barangays REGIONS Barangays NCR 115,808,955 CAR 29,817,360 R-01 86,116,179 R-02 59,410,415 R-03 110,483,224 R-04 179,915,738 R-05 94,144,838 R-06 116,834,214 R-07 93,618,570 R-08 99,120,515 R-09 75,653,182 R-10 46,771,135 R-11 66,252,613 R-12 78,820,283 R-13 38,397,104 TOTAL 1,291,164,325