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PROGRAM PERFORMANCE PROFILE

d) Once the budget is approved, the General Appropriations Act is
released which becomes the basis for the preparation of Agency
Budget matrix. Accordingly, the University shall submit request for
allocation of funds and cash allocation.

e) All funds appropriated for programs, projects and activities shall be
available solely for the specific purpose for which these are appropriated

f) Creation of new positions or increase in salaries, however, shall be
available solely for the specific purpose for which these are
appropriated.

g) There are some expenditure items which are not provided in the
agency but which are authorized to be paid chargeable against
available savings, pursuant to existing regulations. These
expenditure items include but not limited to retirement gratuity,
overtime, monetization of leave credits, and loyalty pay.

h) Authority is hereby granted to agencies to augment non –
existing expenditure items, the payment of which has been
authorized to be charged against savings, as an exception to
Section 54 of the General Provisions of R.A. No. 9162 (DBM
Circular Letter 2002-10 dated 7 May 2002.

Article 2. University Income. This refers to receipts or revenues collected by
the University

Section 1. Tuition, other necessary school charges, such as but not limited to
matriculation fees, graduation fees, income from agricultural operation and
auxiliary services shall form part of the University income.

Section 2. The University authorized to retain Revolving Fund its income from
food production, and auxiliary services shall form part of the University income.

Section 3. Under the provisions of RA 8292, Higher Education Modernization
Act of 1997, the University is authorized to deposit in any Authorized
Government Depository Bank (AGDB) and treated as Special Trust Fund,
income from tuition, and necessary school charges such as but not limited to
matriculation fees, graduation fees and laboratory fees. All interest that shall
accrue from there shall form part of the same fund for the use of the University.
The law further authorizes the Board of Regents of the University to disburse
such income and other charges, as well as those generated from the operations
of auxiliary services and land grants, for instruction, research, extension or
other programs /projects of the University. Such disbursements require a
special budget duly approved only by the BOR which is now empowered by RA
No. 8292 to appropriate the income of the University and allocate funds with
flexibility. Provided that all fiduciary fees shall be disbursed for the specific
purpose for which these are collected.

Area X: Administration