SPNV starts its CY2023 Budget deliberations

SPNV starts its FY2023 Budget deliberations

On October 3, 2022, the Sangguniang Panlalawigan of Nueva Vizcaya (SPNV) passed Ad hoc Committee Resolution No. 2022-11-017 creating the Ad hoc Committee on the 2023 Annual Budget Authorization (AC2023) composed of the honorable members of the SPNV to be chaired by the Chairperson of the Committee on Appropriations, Budget, and Finance, and tasked to study and deliberate on the FY2023 Local Expenditure Program (LEP2023) of the Provincial Government of Nueva Vizcaya (PGNV).

Provincial Budget Officer Virginia N. Iglesias said that the Office of Governor Carlos M. Padilla has already submitted to the SPNV on October 14, 2022, which is days earlier than the set deadline date, the FY2023 Executive Budget of Expenditures and Sources of Financing for the AC2023’s appropriate legislative action, pursuant to Section 318 of Republic Act No. 7160, otherwise known as the Local Government Code of 1991, and in accordance with DBM Local Budget Memorandum No. 85 dated June 15, 2022 and Local Budget Memorandum No. 85-A dated August 12, 2022.

Under Section 319 of the same Code, the SPNV is mandated to enact, through an ordinance, the PGNV’s budget for FY2023 on the basis of the estimates of income and expenditures submitted by the Governor.

Board Member Patricio F. Dumlao, Jr., Chairperson of the Committee on Appropriations, Budget, and Finance and concurrent Chairperson of the AC2023, disclosed that they will be holding the first of their series of official sessions tomorrow, October 19, 2022, where they shall be tackling together with the Local Finance Committee, the PGNV’s 2023 Income Projection to be presented by Provincial Treasurer Rhoda S. Moreno.

BM Dumlao believes that the deliberations of the AC2023 will be much smoother, especially since Vice Governor and Presiding Officer Jose V. Gambito has expressed, at the outset, his understanding and support vis-à-vis its creation and set mandates, and that he has no intention, whatsoever, to be a member of it. “However, as a matter of courtesy, the AC2023 will gladly welcome VG Gambito in case he wants to participate”, he said.

“Reckoning on such a favorable working atmosphere, the requisite covering Appropriation Ordinance for the PGNV’s LEP2023 will be passed before the end of next month”, he confidently declared. #mvs

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