DBM NATIONAL BUDGET CIRCULAR NO. 441

: The purpose is to prescribe guidelines for the implementation of Memorandum Order No. 227 dated August 26, 1994, which amends the funding source for the payment of overtime services of government personnel.
: It amends Memorandum Order No. 228 dated March 29, 1989.
: Agencies can pay overtime services out of (1) amounts specifically appropriated in the agency budget for overtime pay, and (2) savings from released allotments for current operating expenditures subject to limitations.
: All authorized mandatory expenses must be paid first, and total overtime in a calendar year shall not exceed 5% of the actual current operating expenditures of the agency.
: No, agencies are authorized to use savings for overtime payment without prior authority from the DBM, provided the conditions set under Section 21.2 of the Circular are satisfied.
: They are hereby rescinded, repealed, or modified accordingly to be consistent with this Circular.
: It took effect on January 1, 1995.
: Five percent (5%) of the actual current operating expenditures of the agency per calendar year.
: All authorized mandatory expenses must be paid first before using savings from released allotments for current operating expenditures to pay for overtime.