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The Philippines Launches Online Portal for Local Govt Finances
Source: futuregov.asia
Source Date: Tuesday, December 04, 2012
Country: Philippines
Created: Dec 10, 2012

As support to President Benigno Simeon Aquino III’s mandate to move the Government towards a “straight path”, the Department of Interior and Local Government (DILG) launched a website called “ Full Disclosure Policy Portal“, which allows citizens to view the finances and other transaction of Local Government Units (LGU).

The portal is a joint collaboration between DILG’s Bureau of Local Government Supervision (BLGS) and multilateral and bilateral organisations such as the World Bank, Australian Agency for International Development (AusAID) and the Canadian International Development Agency (CIDA).

It aims to assist LGU’s in complying with the requirements of the DILG issued Memorandum Circular 2010-083 titled, “Full Disclosure of Local Budget and Finances, and Bids and Public Offerings”. The latter mandates provinces, cities and municipalities to fully disclose specific financial transactions to keep their constituents informed of how the LGUs’ budget is managed, disbursed and used.

By logging on to the FDPP, the public can view important LGU documents such as annual budget reports, statements of debt service, statements of receipts and expenditures; quarterly statements of cash flow, annual procurement plans or procurement lists, items to bid and bid results, abstracts of bids as calculated, and supplemental procurement plans.

Furthermore, details on the Special Education Fund (SEF) income and expenditure estimates; reports of SEF utilisation; annual Gender and Development accomplishment reports; Trust Fund (PDAF) utilisation; 20 per cent component of the Internal Revenue Allotment utilisation; and reports of Local Disaster Risk Reduction and Management Fund utilisation.
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