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The program monitors LGU compliance to DILG Memorandum Circular No. 2010-88 re Full Disclosure of Local Budget and Finances.
Full disclosure policy requires local government units to post their budgets and finances, and bids and public offerings in government websites, newspapers of general circulation, and in other conspicuous and appropriate places.
Adherence to the policy is now compulsory, as provided by Section 90 of Republic Act 10147 or the General Appropriations Act of 2011.
Documents and transactions that are required to be posted by LGUs include the following:
- Annual Budget Report
- Quarterly Statement of Cash Flows
- Statement of Receipts and Expenditures
- Trust Fund (PDAF) Utilization
- Quarterly Report of SEF (Special Education Fund) Utilization
- 20% Component of the IRA Utilization
- CY 2010 Gender and Development Fund Utilization
- CY 2010 Statement of Debt Service
- CY 2010 Annual Procurement Plan or Procurement List
- Items to Bid
- Bid Results on Civil Works, and Goods and Services
- Abstract of Bids as Calculated
Local government units without a website should post the required information on the website of the DILG regional office concerned or on , the website of DILG central office. |
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