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Budget Realities

All government agencies suffer equally when the budget is reenacted, right? Wrong.

The following is from "Go, figure" by Juan Miguel Luz (Philippine Daily Inquirer, 27 February 2006):

A delay in the approval of the budget hurts because it places unnecessary administrative limits in the first quarter of the new year. For all other agencies, the first quarter (January-March) is the start of a spending year and the fiscal managers try to keep government spending down during this quarter. But for the DepEd, it is the end (or the last quarter) of its spending year, which is reckoned with the school year. It is the time that DepEd needs the money in order to finish strongly by making sure children are meeting their competency levels.

Category: Education

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