what is the budget utilization rate of agency per general appropriations act?

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 Modemization 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) 2022, the University has total appropriations of 1 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) 2022 or Republic Act (RA) No. 12345. During the year, the University received total allotments of 1,559,075,562.00, out of which, obligations of 1,531,221,431.44 were incurred. Details are presented below: In addition, the University is authorized to retain and use its income from tuition fees and other charges as well as from its income generating projects, which is constituted as Special Trust Fund by virtue of RA No. 8888. During the year, the approved budget amounted to 8953,690,714.00, of which 8611,460,972.99 was utilized, as shown below: As at Quarter ending December 31, 2022, a partial report of Statement of Appropriations, Allotment, Obligations and Disbursements, and Balances or Financial Accountability Report (FAR) No. 1 is prepared by the Budget Office and Chief Accountant of the University, as shown in Annex A. Meanwhile, the Budget and Accounting Offices provide unfinished Statement of Approved Budget, Utilizations, Disbursements and Balances or Financial Accountability Report (FAR) No. 2. Details are shown in Annex B. Statement of Appropriations, Allotment, Obligations and Disbursements and Balances As at Quarter ending. December 31, 2022 Statement of Appropriations, Allotment, Obligations and Disbursements and Balances As at Quarter ending December 31, 2022 FnDWADNFn. Statement of Appropriations, Allotment, Obligations and Disbursements and Balances As at Quarter ending December 31, 2022 Statement of Approved Budget, Utilizations, Disbursements and Balances As at Quarter ending December 31, 2022