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On the other hand, the external funds can come from government agencies

such as Department of Agriculture (DA), Department of Interior and Local

Government (DILG), Department of Agriculture - Agricultural Training

Institute (DA-ATI), Department of Agrarian Reform (DAR), Department of

Social Welfare and Development (DSWD), Local Government Unit (LGUs)

and others as well as private individuals and institutions both in the

Philippines and abroad.

b. Handling of Extension Funds. All funds of Extension Services are handled

by the Finance Management Office in coordination with the Office of the

Extension Director. Books of Accounts are kept by the Accounting

Department which is under the supervision of the Vice President for

Administrative and Support Services (VPASS). Personnel is assigned at the

Accounting Department to handle documents of all extension projects and

activities of the University to expedite processing.

External grants are treated as trust funds. Funds are released to the

Accounting Department by project allotment whereby project/study leaders

handle the processing of papers to release the fund meant for their extension

projects/studies in coordination with the Extension Services Director. Funds

allocated from the income generating projects are also handled by the

Accounting Department and managed by the Extension Services Director.

c. Management of Extension Services Funds. Extension Services funds shall

be reported in terms of obligation or liquidation. The Accounting Department

monitors the expenditures in accordance with the items in the budget and sub-