WHEREAS, the Supplemental Investment Program shall represent the policies and investment programs of the Executive and Legislative Department that are not included in the approved Annual Investment Program (AIP). This planning documentation contains priority PPAs of various offices identified as exigent programs purposely to address necessities that shall be beneficial to all concerns;
WHEREAS, to ensure that the local budgets truly operationalize approved local development plans, as stated in Section 305 (i) of the Local Government Code of 1991 (Republic Act No. 7160), it is imperative that: (1) the investment programs contain priority programs, projects, and activities (PPAs) that will directly contribute to the achievement of the goals and objectives of the LGU, as embodied in the development plans; and (2) the local budgets fund the PPAs included in the investment programs, particularly the Annual and Supplemental Investment Program;
NOW THEREFORE, BE IT RESOLVED, AS IT IS HEREBY RESOLVED, by the Sangguniang Panlungsod of the City of San Juan, Metro Manila in a session duly assembled, to approve and adopt the Supplemental Investment Program for the preparation of the Supplemental Budget No. 2 – 2022 of the City of San Juan, Metro Manila.
RESOLVED FURTHER, the authority, issuance, and approval hereof is subject to compliance by the City Government with all existing laws, circulars, issuances, COA rules, and regulations on purchases, expenditures, appropriations, and procurement.
RESOLVED FINALLY, that copies of this resolution be furnised to the Honorable City Mayor Francisco Javier M. Zamora, City Budget Officer and all office concerned for their information and appropriate action.