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Republic of The Philippines Province of Cavite City of Bacoor Barangay Talaba III

The Sangguniang Kabataan of Barangay Talaba III in Bacoor, Cavite held their second regular meeting on February 5, 2021 to pass Resolution No. 001 regarding the opening of an SK bank account. The resolution requests to open an account at the Development Bank of the Philippines in Bacoor and authorizes SK Chairperson Jayvee E. Ocampo and Treasurer Pauline Eulika B. Mico as the official signatories. Citing relevant laws and regulations, the resolution aims to provide the SK financial independence and transparency in managing its funds according to the approved budget.

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100% found this document useful (1 vote)
2K views4 pages

Republic of The Philippines Province of Cavite City of Bacoor Barangay Talaba III

The Sangguniang Kabataan of Barangay Talaba III in Bacoor, Cavite held their second regular meeting on February 5, 2021 to pass Resolution No. 001 regarding the opening of an SK bank account. The resolution requests to open an account at the Development Bank of the Philippines in Bacoor and authorizes SK Chairperson Jayvee E. Ocampo and Treasurer Pauline Eulika B. Mico as the official signatories. Citing relevant laws and regulations, the resolution aims to provide the SK financial independence and transparency in managing its funds according to the approved budget.

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randy hernandez
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Republic of the Philippines

Province of Cavite
City of Bacoor
Barangay Talaba III

OFFICE OF THE SANGGUNIANG KABATAAN

EXCERPTS FROM THE MINUTES OF THE SECOND REGULAR MEETING OF THE


SANGGUNIANG KABATAAN OF BARANGAY TALABA III, CITY OF BACOOR,
CAVITE HELD AT ONLINE MEETING ON FEBRUARY 05,2021, (3:00 PM)

PRESENT:

SK Chairperson: Jayvee E. Ocampo


SK Member: Ronald John T. Naling
SK Member: Elmar M. Habana
SK Member: John Michael S. Soniga
SK Member: Alt Zamil T. Trapero
SK Member: Rengel E. Berlos
SK Member: Michelle L. Ferrater
SK Member: Adrian Don Carlo L. Rosales

OTHER PRESENT:

SK Secretary: Rhon David C. Tamaro


SK Treasurer: Pauline Eulika B. Mico

ABSENT: NONE

x------------------------------------------------------------------------------------------------------------------x

RESOLUTION NO. 001 – SERIES OF 2021

A RESOLUTION REQUESTING TO FORMALLY OPEN THE SANGGUNIANG


KABATAAN (SK) BANK ACCOUNT AT DEVELOPMENT BANK OF THE
PHILIPPINES, BACOOR AND AUTHORIZING SANGGUNIANG KABATAAN (SK)
CHAIRPERSON HON. JAYVEE E. OCAMPO AND SANGGUNIANG KABATAAN (SK)
TREASURER PAULINE EULIKA B. MICO AS OFFICIAL SIGNATORIES FOR THE
OFFICIAL DISBURSEMENTS AND ENCASHMENTS OF THE SANGGUNIANG
KABATAAN (SK) FUND

WHEREAS, the Republic Act of 10742, or the Sangguniang Kabataan (SK) Reform Act of
2015, under Chapter II Sec. 20 Sangguniang Kabataan Funds clause (b) states that “The
Sangguniang Kabataan shall have financial independence in its operations, disbursements and
encashment of their fund, incomes and expenditures. As such, the Sangguniang Kabataan funds
shall be deposited in the name of the Sangguniang Kabataan of the concerned barangay in a
government-owned bank situated in or nearest to its area of jurisdiction with the Sangguniang
Kabataan Chairperson and the Sangguniang Kabataan Treasurer as the official signatories”

WHEREAS, the Implementing Rules and Regulations (IRR) of Republic Act 10742 or
Sangguniang Kabataan (SK) Reform Act of 2015, under Rule II Section 20 SK Funds under
clause (a) states that the SK funds shall be governed by the following provisions: “(a) All the
income of the barangay derived from whatever source shall accrue to its general fund and shall,
Republic of the Philippines
Province of Cavite
City of Bacoor
Barangay Talaba III

OFFICE OF THE SANGGUNIANG KABATAAN

at the option of the barangay concerned, be kept as trust fund in the custody of the city or
municipal treasurer or be deposited in a bank, preferably government-owned, situated in or
nearest to its area of jurisdiction. Ten percent (10%) of the general fund of the barangay shall be
set aside for the SK. The Sangguniang Barangay shall appropriate the SK funds in lump sum
which shall be disbursed solely for youth development and empowerment purposes. Such funds
shall be disbursed in accordance with the provisions of RA 10742, this IRR, RA 7160, RA 9184
and such other pertinent rules and regulations”

WHEREAS, the Department of Budget and Management (DBM) – Department of the Interior
and Local Government (DILG) – National Youth Commission (NYC) Joint Memorandum
Circular (JMC) No. 1, s. 2019 dated January 23,2019, under 3.2 Release of the SK Fund by the
Barangay, clause 3.2.2 states that “Consistent with Section 20 (b) of RA No. 10742, the SK shall
open a current account in the name of the SK in a bank, preferably government-owned, situated
in or nearest to its area of jurisdiction, with the SK Chairperson and SK Treasurer as the official
signatories. For efficiency and economy purposes, it is strongly encouraged for the SK to open
and maintain a depository account in the same bank and branch of its barangay. In the opening of
account, the provisions of Department of Finance Department Circular No. 1-2017 dated May
11,2017 shall be strictly observed”.

WHEREAS, the Republic Act 10742, or the Sangguniang Kabataan (SK) Reform Act of 2015,
under Chapter II Section 13 Powers and Functions of the Sangguniang Kabataan Chairperson
clause (d) states that “Sign all required documents and warrants drawn from the Sangguniang
Kabataan funds for all expenditures in the implementation of the Comprehensive Barangay
Youth Development Plan and Annual Barangay Youth Investment Program.”

WHEREAS, the Republic Act 10742, or the Sangguniang Kabataan (SK) Reform Act of 2015,
under Chapter II Section 15 Sangguniang Kabataan Treasurer clause (c) states that “ The
Sangguniang Kabataan Treasurer shall “Serve as cosignatory in all withdrawals from the
Sangguniang Kabataan funds and disburse funds in accordance with the approved annual budget
and supplemental budget, as the case may be, of the Sangguniang Kabataan.”

WHEREAS, the Implementing Rules and Regulations (IRR) of Republic Act 10742 or the
Sangguniang Kabataan (SK) Reform Act 2015, under Rule II Section 13 Powers and Functions
of the SK Chairperson clause (d) states that the SK Chairperson shall exercise the power and
discharge such duties as “Sign all required documents and warrants/checks drawn from the SK
Funds for all expenditures, including financial reports and other related documents in the
implementation of the CBYDP and ABYIP and other related documents in the implementation
of the CBYDP and ABYIP and other related programs, projects and activities”

WHEREAS, the Implementing Rules and Regulations (IRR) of Republic Act 10742 or the
Sangguniang Kabataan (SK) Reform Act of 2015, under Rule II Section 15 SK Treasurer clause
(c) states that the SK Treasurer shall “Serve as cosignatory in all withdrawals from the SK Funds
and disburse funds in accordance with the approved annual budget and supplemental budget, as
the case may be, of the SK.”

WHEREAS, the Department of Budget and Management (DBM) – Department of the Interior
and Local Government (DILG) – National Youth Commission (NYC) Joint Memorandum
Circular (JMC) No.1, s. 2019 dated January 23,2019, under 3.3.5 Budget Execution by the SK
clause 3.3.5.1 to 3.3.5.3 states that “ The SK Treasurer, whenever necessary, shall certify the
Republic of the Philippines
Province of Cavite
City of Bacoor
Barangay Talaba III

OFFICE OF THE SANGGUNIANG KABATAAN

availability of funds;” “All payments out of the SK Fund shall be made through Disbursement
Vouchers;” “Disbursement shall be made by issuing checks drawn against the current account in
the name of the SK Chairperson and SK Treasurer as the official signatories.

WHEREAS, the Republic Act 10742, or the Sangguniang Kabataan (sk) Reform Act of 2015,
its Implementing Rules and Regulations (IRR), and the Department of budget and Management
(DBM) – Department of the Interior and Local Government (DILG) – dated January 23,2019,
clear directs the proper procedures of Opening the Sangguniang Kabataan (SK) Bank Account
and the release of the SK Fund by the Barangay thereafter.

WHEREAS, the Republic Act 10742, or the Sangguniang Kabataan (sk) Reform Act of 2015,
its Implementing Rules and Regulations (IRR), and the Department of budget and Management
(DBM) – Department of the Interior and Local Government (DILG) – Department of the Interior
and Local Government (DILG) – dated January 23,2019, clearly bestows the authority and
function to the Sangguniang Kabataan (SK) Treasurer as official signatories for the official
disbursements and encashments of the Sangguniang Kabataan (SK) Fund.

WHEREAS, this body assents to formally open the Sangguniang Kabataan (SK) Bank Account
following the official approval the certification of the Sangguniang Panlungsod (SP) of the City
of Bacoor, pursuant to existing laws, policies, and procedures, rules and regulations.

WHEREAS, this body believes and that the Sangguniang Kabataan (SK) Chairperson and
Sangguniang Kabataan (SK) Treasurer will confidently represent the Sangguniang Kabataan or
Barangay Talaba III in its official disbursement and encashments or the Sangguniang Kabataan
(SK) funds with utmost accountability, responsibility, and transparency.

NOW, THEREFORE, on the motion of Hon. Ronald John T. Naling, duly seconded by Hon.
Elmar M. Habana, and concurred by the SK members present, it was,

RESOLVED, as it hereby resolved, to formally open the bank account of Sangguniang


Kabataan of Barangay Talaba III at Development Bank of the Philippines (DBP), Bacoor branch
located at Molino Blvd. Bayanan City of Bacoor, Province of Cavite, which is also where the
depository bank account of Barangay Talaba III is situated.

RESOLVED, as it hereby resolved, to authorize Sangguniang Kabataan (SK) Chairperson Hon.


Jayvee E. Ocampo and Sangguniang Kabataan (SK) Treasurer Hon. Pauline Eulika B. Mico as
the official signatories of the Sangguniang Kabataan (SK) of Barangay Talaba III in it’s the
official disbursements and encashments of the Sangguniang Kabataan (SK) Fund.

RESOLVED FURTHER, that the Bank Account to be opened in the name of Sangguniang
Kabataan of Barangay Talaba III at DBP Bacoor Branch is only and official Bank Account to be
utilized by the Sangguniang Kabataan, through the Sangguniang Kabataan (SK) Chairperson
Hon. Jayvee E. Ocampo and Sangguniang Kabataan (SK) Treasurer Pauline Eulika B. Mico as
the official signatories, in the official disbursements and encashments of SK Fund.
Republic of the Philippines
Province of Cavite
City of Bacoor
Barangay Talaba III

OFFICE OF THE SANGGUNIANG KABATAAN

RESOLVED FURTHER, that the authority granted as official signatories of the Sangguniang
Kabataan (SK) of Barangay Talaba IV to Sangguniang Kabataan (SK) Chairperson Hon. Jayvee
E. Ocampo and Sangguniang Kabataan (SK) Treasurer Hon. Pauline Eulika B. Mico, adheres to
and is pursuant to the existing laws, policies, procedures, rules and regulations.

RESOLVED FURTHER, the copy of the resolution will be submitted to the Sangguniang
Barangay of Talaba III, Sangguniang Kabataan Federation of City of Bacoor, Local Youth
Development Office (LYDO) of City of Bacoor, and Department of the Interior and Local
Government (DILG) of City of Bacoor for review.

x----------------------------------------------------------------------------------------------------------------- x

I hereby certify to the correctness of the foregoing resolution.

PREPARED BY:

RHON DAVID C. TAMARO


SK SECRETARY
ATTESTED BY:

JAYVEE E. OCAMPO
SK CHAIRPERSON

RONALD JHON T. NALING ELMAR M. HABANA


SK Member SK Member

JOHN MICHAEL S. SONIGA ALT ZAMIL T. SONIGA


SK Member SK Member

RENGEL E. BERLOS MICHELLE L. FERRATER


SK Member SK Member

ADRIAN DON CARLO L. ROSALES HON. PAULINE EULIKA B. MICO


SK Member SK Treasurer

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