Title
CDF Fund Release and Monitoring Guidelines
Law
Dbm National Budget Circular No. 444
Decision Date
Jul 1, 1995
Guidelines for the release and monitoring of funds from the Countrywide Development Fund are established to ensure that projects align with government development goals, focusing on infrastructure, livelihood, and community health, while prohibiting funding for regular operating expenses and personal expenditures.
A

General Guidelines

  • Funds must be released and used according to the General Appropriations Act.
  • Adherence to guidelines prescribed in this Circular is mandatory.

Nature of Projects Eligible for CDF Funding

  • Must contribute to government development thrusts.
  • Examples of eligible projects:
    • Infrastructure: roads, bridges, waterworks, electrification, school buildings, public facilities.
    • Livelihood projects under existing government programs.
    • Projects improving health, social, and economic community conditions.
    • Calamity assistance supported by presidential proclamation or National Disaster Coordinating Council certification.
    • Purchase of equipment.
  • Projects should be short-term (one year) and require no future financial commitments.
  • Ineligible expenditures include:
    • Regular operating expenses (supplies, maintenance, travel, grants, subsidies).
    • Personal expenditures (salaries, honoraria, allowances, bonuses).

Implementing Agencies

  • Can include government agencies, government corporations, and local government units (LGUs).
  • Agencies must implement only projects within their mandates.
  • LGU implementation of projects outside their mandate requires a Sangguniang Bayan or Panlalawigan resolution.
  • Barangays and NGOs cannot directly implement projects but may be contracted by government agencies or LGUs.
  • Only government financial institutions may implement credit facilities funded from CDF; these must be revolving funds deposited in trust.

Realignments of CDF Projects

  • Any changes in implementing agency, project specifics, location, or funds require DBM approval.
  • Realignments allowed within six months from SARO issuance.
  • Changes involving allotment class or implementing agency cannot be made after December 31 of the year of SARO issuance.

Use of Unexpended Balances

  • LGUs may request use of unexpended balances to expand or fund allied projects.
  • Endorsement from original project proponent required.

Procedural and Accounting Guidelines

  • Fund release requests submitted to DBM must specify:
    • Project nature and description.
    • Location.
    • Cost or fund requirement.
    • Implementing agency.
  • LGUs must record releases as trust accounts.
  • Upon project completion, unutilized cash must be remitted to the National Treasury with proper documentation.
  • Realignment requests need documents including requests from agency heads, endorsements, and certifications on fund availability.
  • Special requirements exist for realignments involving withdrawal of funds from LGUs.
  • Unobligated CDF allotments revert to the National Government General Fund operation account after validity period.

Reporting Requirements

  • Implementing agencies to prepare semi-annual reports on fund utilization and project accomplishments.
  • Reports must be certified by agency head and verified by COA representative.
  • Reports submitted to Budget and Finance Bureau F, DBM.

Saving Clause

  • Issues not covered by the Circular shall be referred to the Department of Budget and Management.

Effectivity

  • Circular effective immediately upon issuance (July 1, 1995).

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