DBM CIRCULAR LETTER NO. 92-3

: The Circular covers all provinces, cities, municipalities, and barangays, including those in the National Capital Region (NCR).
: The DBM Regional Offices are authorized to release the IRA to LGUs within their respective regional coverage, except for LGUs in the NCR whose IRA shares are released by the Budget Operations Bureau of DBM (BOB Aa).
: The IRA of barangays is comprehensively released to their respective cities or municipalities, using the authorized city or municipality code based on the Standard Unit Coding System for Local Governments, with an assigned reference sub-code for each barangay.
: The releases to each barangay must be indicated on the face of the Advice of Allotment under its reference sub-code.
: Any additional release or adjustment on the IRA intended for devolved functions must be governed by the pertinent rules and guidelines that may be issued on the matter.
: They must issue transmittal letters to the provinces, cities, municipalities, and barangays for the release of their IRA, and furnish copies to the City/Municipal Mayor for barangay releases.
: The Notice of Cash Allocation (NCA) is released by the Accounting and Finance Bureau of DBM without any lien or holdback, as provided under Section 286, Chapter I, Title III, Book II of the Code.
: The Circular took effect immediately upon its adoption on March 2, 1992.