# Presidential Decree No. 1618 (Ferdinand Marcos)/Chapter VI

Source: Official Gazette. Vol. 75, No. 34. Manila. Government Printing Office. 1979. pp. 6697–6699.
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Chapter VI—Budgeting and Accounting
Sec. 24. Projects Funded Out of the Income of the Autonomous Regions; Guidelines.—All projects funded from income derived from the operations and exercise of taxing and other revenue-raising powers of the Autonomous Region shall be subject only to such budgetary guidelines as may be formulated by the Ministry of the Budget.
Sec. 25. Budget Preparation and Processing.—The Lupong Tagapagpaganap ng Pook shall, with respect to income sources coming from the National Government, prepare the budget of the Autonomous Region on the basis of functions, programs, projects or activities in terms of expected results, and such budget shall be submitted to the Sangguniang Pampook for enactment, and shall be subject to the usual processing by the Ministry of the Budget before it takes effect. The processing of the Ministry of the Budget shall be subject to Section 38 of this Decree.
Sec. 26. Form and Content.—The budget of the Autonomous Region shall primarily consist of two parts:
(1) The estimates of income certified collectible by the Lupon Chairman; and
(2) The total appropriations covering:
    (a) Current Operating expenditures; and
    (b) Capital Outlay.
Sec. 27. The Lupong Tagapagpaganap ng Pook Budgetary System.—With the assistance of the Ministry of the Budget, the Lupong Tagapagpaganap ng Pook shall issue rules and regulations as may be necessary to install and maintain an effective budgetary system and shall promulgate a budget operations manual to improve and systematize methods, techniques and procedures employed in budget preparation, authorization, execution and accountability as they apply to the budget of the Autonomous Region.
Sec. 28. National Budgetary Aid Release Channel and Guidelines.—All budgetary aid releases for regional projects of the Autonomous Region shall be coursed through the Lupong Tagapagpaganap ng Pook and shall be subject to such guidelines as may be issued by the Ministry of the Budget.
Sec. 29. Releases for Regional Projects in the Autonomous Region; Guidelines.—The work programs of capital projects in the Autonomous Region to be implemented by national government agencies shall be coursed through the Lupong Tagapagpaganap ng Pook and the fund releases therefor shall be made in accordance with the next succeeding section.
Sec. 30. Releases for Undertaking Regional Projects of National Government Offices.—Appropriations for regional offices of national ministries and their agencies in Regions IX and XII shall be released directly to the regional offices with copies furnished the Lupong Tagapagpaganap ng Pook and the central offices concerned. This procedure shall not however apply to government-owned or controlled corporations.
Sec. 31. Regional Budget Hearings of Local Governments and Regional Offices of Ministries in the Autonomous Region; Guidelines.—Regional budget hearings of local governments, as well as regional budget hearings of national ministries and their agencies in the Autonomous Region, shall be made in coordination with the Lupong Tagapagpaganap ng Pook.
Sec. 32. Regional Funds.—The collection, custody, use, disbursement and accounting of public funds in the Autonomous Region shall be governed by laws and regulations which cover similar local and national financial transactions.
Sec. 33. Audit of Accounts.—The accounts of the Autonomous Region shall be audited by the Commission on Audit.
Sec. 34. Availment of Funds for Local Government Units Projects in the Autonomous Region.—Releases for projects of local government units within the Autonomous Region to be funded from budgetary aids, grants and other national support shall be subject to the recommendation of the Lupong Tagapagpaganap ng Pook before any such releases are made, and any such releases shall be coursed through the latter.
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