Utilize funds, SK execs told

MANILA, Philippines — Sangguniang Kabataan (SK) officials should start utilizing their funds, according to the Department of the Interior and Local Government.

DILG spokesman Undersecretary Jonathan Malaya said SK officials could use their budget allocation as long as they comply with the requirements under Joint Memorandum Circular (JMC) 1 issued on Jan. 23.

The memorandum, which was issued by the DILG, Department of Budget and Management and National Youth Commission, sets the guidelines on the appropriation, release, planning and budget process of SK funds.

“We need not wait for COA (Commission on Audit) guidelines because the COA has given the SK the go-signal to use their funds in accordance with the JMC, which... details the procedure on how they can disburse their respective budgets,” Malaya said.

He said SK officials should immediately implement projects that would promote the interests and welfare of the youth.

To facilitate fund disbursement, Malaya said SK chairpersons should open a current bank account in the name of the SK, preferably in a government bank near their area. He said SK chairpersons and treasurers should also apply for fidelity bonding.

Under the SK Reform Act, 10 percent of the general fund of barangays shall be set aside for the SK. The amount shall be appropriated in lump sum and spent solely for youth development and empowerment.