Budget & Financial Transparency
How the Provincial Government of Bukidnon raises and spends public funds, and where to find the official reports
Statement of Receipts & Expenditures
What the Province collected and spent, and how to read the report
We are still gathering this information.
No official SRE figures for the Province of Bukidnon are published on this site yet. See the official sources:
Income Sources
Expenditure Allocation
What is an SRE?
The Statement of Receipts and Expenditures is a report each local government submits to the Bureau of Local Government Finance (BLGF). It shows the income the Province actually collected and the money it actually spent over a period, by quarter and for the full year.
Income
Local sources are taxes the Province collects, such as real property tax and the tax on the transfer of real property, plus fees, charges and receipts from provincial enterprises. External sources are mainly the National Tax Allotment (NTA, formerly the IRA), the Province's share of national taxes.
Expenditures
Spending is grouped by purpose: General Public Services (administration, the Sanggunian, finance and support offices), Social Services (health, education, social welfare), Economic Services (agriculture, engineering, provincial roads) and Debt Service (interest and other charges on loans).
Net Income and Fund Balance
Net operating income is income minus expenditures for the period. The fund balance is what remains at the end of the period and carries over to the next one.
How to Read a Provincial Budget
The budget is the plan; the SRE shows what actually happened.
The Budget Is an Ordinance
The Governor prepares the executive budget, the Sangguniang Panlalawigan enacts it as an appropriation ordinance, and the Department of Budget and Management reviews it. Supplemental budgets follow the same path.
Compare Plan and Actual
Put the budget next to the SRE for the same year. Large gaps between planned and actual collections or spending are worth asking about.
Where the Money Comes From
Compare local income with the NTA. A province that relies mostly on the NTA is more affected when national tax collections change.
Required Allocations
National rules set minimum allocations, such as at least 20% of the NTA for development projects (Local Government Code, Sec. 287) and a disaster risk reduction and management fund of at least 5% of estimated regular revenue (Republic Act No. 10121). Rules can change; check with DBM and DILG.
Infrastructure Investments
Provincial projects are handled by the Provincial Engineer's Office; national projects by the Department of Public Works and Highways.
We are still gathering this information.
No list of provincial infrastructure projects is published on this site yet.
DPWH Infrastructure Projects in Bukidnon
National projects in the province are implemented by the Department of Public Works and Highways through its district engineering offices.
We are still gathering this information.
No DPWH project list for Bukidnon is published on this site yet. See the official DPWH website for national projects in the province.
Where to Find Official Figures
Under the DILG Full Disclosure Policy, local governments must post budget, financial and procurement documents in conspicuous places and on the Full Disclosure Policy Portal.
Provincial Government of Bukidnon
Official provincial website
Full Disclosure Policy Portal (DILG)
Budgets, financial reports and bid results posted by LGUs
Bureau of Local Government Finance (BLGF)
LGU income and expenditure reports
Department of Budget and Management (DBM)
Local budget rules and budget review
Department of Public Works and Highways
National infrastructure projects
Commission on Audit (COA)
Annual audit reports on local governments