Submission of Local Finance Data

July 11, 2012 BLGF MEMORANDUM CIRCULAR NO. 049-12 TO : To All Regional Directors and All Provincial and City Treasurers, Including NCR City/Municipal Treasurers SUBJECT : Submission of Local Finance Data In the interest of local finance policy development, and in order to strengthen the monitoring mechanisms and maintenance on local financial data/information, all Regional Directors are hereby directed to order all Provincial and City Treasurers within their respective jurisdictions, to submit by the end of August 2012 a report on LGU fund deposits with the following pertinent information, to wit: 1.) Name(s) of Depository Banks(s) where local funds are placed; 2.) Bank Account Number(s); and 3.) Balances on all accounts as of June 30, 2012. Likewise, all NCR City/Municipal Treasurers are hereby directed to comply herewith. Attached is the template, with instructions, for the said report as shown in Attachment "A". Please be guided accordingly. (SGD.) SALVADOR M. DEL CASTILLO OIC-Executive Director ATTACHMENT A Report of LGU Fund Deposits As of __________________ Region: _____________ Province/City: ________________ Name of Depository Bank Bank Type of Classification Fund Balances Account Account of Fund Number (S/C/HYSA) (GF, SEF, TF) (1) (2) (3) (4) (5) 1. ________________ _________ _________ __________ Php__________ 2. ________________ _________ _________ __________ Php__________ 3. ________________ _________ _________ __________ Php__________ Certified Correct: _____________________________ Provincial/City Treasurer INSTRUCTIONS 1. The Report of LGU Fund Deposits shall be prepared by the Provincial/City/Municipal/(National Capital Region-NCR only). Treasurers every end of the semester. Reports covering the period ending June 30 and December 30 of every year shall be submitted respectively on or before July 31 of the same year and January 1 of the ensuing year. TAcDHS 2. Column 1: Indicate the name(s) of depository bank(s) where local funds are being maintained. 3. Column 2: Indicate the account number(s) of fund deposits maintained in each bank. 4. Column 3: Indicate the type of account maintained whether Savings (S), Current (C), High Yield Savings Account (HYSA). 5. Column 4: Indicate the classification of fund whether General Fund, Special Education Fund or Trust Fund. 6. Column 5: Indicate balances of each account. 7. All reports including that of the City/Municipal Treasurers of the NCR shall be submitted to: THE BLGF EXECUTIVE DIRECTOR ATTN: FINANCIAL OPERATIONS EXAMINATION DIVISION 8/F EDPC Bldg., BSP Complex Roxas Blvd., Manila 8. The Provincial and City Treasurers outside the NCR shall submit the report thru the BLGF Regional Office concerned for consolidation. The respective Regional Offices will then forward the accomplished report to the BLGF Central Office for further review and analysis and database updating.