WHEREAS, the Supplemental Investment Program shall represent: (1) the new policies and investment programs of the Executive and Legislative Department that are not included in the approved Annual Investment Program (AIP); and (2) programs/projects/activites (PPAs) already included in the AIP but unfunded in the approved Annual Budget. 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 inSection 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 RESOLVEDby the SangguniangPanlungsod 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. 4 – 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 on existing laws, circulars, issuances, COA rules and regulations on purchases, expenditures, approriations and procurement.
RESOLVED FINALLY, that copies of this resolution be furnished to the Honorable City Mayor Francisco Javier M. Zamora, City Budget Officer, and all offices concerned for their information and appropriate action.