Question
Hunter Hunter University (University) is a chartered university per Presidential Decree No. 1111 dated January 1, 1978 and is governed by Republic Act (RA) No.
Hunter Hunter University (University) is a chartered university per Presidential Decree No. 1111 dated January 1, 1978 and is governed by Republic Act (RA) No. 8888, known as the Higher Education Modernization Act of 1900. The University is primarily tasked with harnessing the tremendous human resources potential of the nation by improving the physical, intellectual, and material well-being of the individual through higher occupational, technical and professional instruction and training in applied arts and sciences related to the fields of commerce, business administration, and technology.
For Calendar Year (CY) 2020, the University has total appropriations of 1,631,672,076.00 which includes Agency Specific Budget of 1,499,023,000.00, Automatic Appropriations of 101,158,379.00 and Special Purpose Funds of 31,490,697.00, as provided for in the General Appropriations Act (GAA) for Fiscal Year (FY) 2020 or Republic Act (RA) No. 12345. During the year, the University received a total allotments of 1,559,075,562.00, out of which, obligations of 1,531,221,431.44 were incurred. Details are presented below:
Hunter Hunter University (University) is a chartered university per Presidential Decree No. 1111 dated January 1, 1978 and is governed by Republic Act (RA) No. 8888, known as the Higher Education Modernization Act of 1900. The University is primarily tasked with harnessing the tremendous human resources potential of the nation by improving the physical, intellectual, and material well-being of the individual through higher occupational, technical and professional instruction and training in applied arts and sciences related to the fields of commerce, business administration, and technology.
For Calendar Year (CY) 2020, the University has total appropriations of 1,631,672,076.00 which includes Agency Specific Budget of 1,499,023,000.00, Automatic Appropriations of 101,158,379.00 and Special Purpose Funds of 31,490,697.00, as provided for in the General Appropriations Act (GAA) for Fiscal Year (FY) 2020 or Republic Act (RA) No. 12345. During the year, the University received a total allotments of 1,559,075,562.00, out of which, obligations of 1,531,221,431.44 were incurred. Details are presented below:
Source of Funds | Appropriations | Allotments | Obligations |
Current Budget |
|
|
|
|
|
|
|
PS | 1,296,497,125.00 | 1,233,900,611.00 | 1,229,807,498.03 |
MOOE | 192,525,875.00 | 192,525,875.00 | 191,799,810.99 |
Capital Outlay (CO) | 10,000,000.00 |
|
|
Sub-total | 1,499,023,000.00 | 1,426,426,486.00 | 1,421,607,309.02 |
|
|
| |
RLIP-PS | 101,158,379.00 | 101,158,379.00 | 78,123,431.94 |
|
|
|
|
Miscellaneous Personnel Benefits Fund | 14,994,401.00 | 14,994,401.00 | 14,994,401.00 |
Pension and Gratuity Fund | 16,496,296.00 | 16,496,296.00 | 16,496,289.48 |
Sub-total (SPF) | 31,490,697.00 | 31,490,697.00 | 31,490,690.48 |
Sub-total RLIP-PS and SPF | 132,649,076.00 | 132,649,076.00 | 109,614,122.42 |
Total | 1,631,672,076.00 | 1,559,075,562.00 | 1,531,221,431.44 |
What is the total balance of unutilized budget in the Retained Income for the FY 2020? (expressed in two decimal places)
What is the budget utilization rate of Retained Income for the FY 2020? (expressed the percentage in two decimal places, disregard %)
What is the total amount of unreleased appropriations for the FY 2020? (expressed in two decimal places)
Assuming that all obligations are due and demandable, what is the balance of undisbursed/unpaid obligations to be shown in the Statement of Appropriations, Allotment, Obligations, Disbursements and Balances or FAR No. 1? (expressed in two decimal places)
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