SK Authorization To Open Account - Draft Resolution

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Republic of the Philippines

Province of Palawan
Municipality of Brooke’s Point

Office of the SK Municipal Federation


EXCERPT FROM THE SPECIAL MEETING OF THE SANGGUNIANG KABATAAN OF BARANGAY
IPILAN, BROOKE’S POINT, PALAWAN HELD JUNE 02, 2021 AT THE BARANGAY SESSION HALL

Present:
HON. JIMART M. NAINGUE - SK CHAIRMAN/Presiding
HON. JEZEVEL ALILI - SK MEMBER
HON. JAYSON ALIE -do-
HON. HARVEY BALANAC -do-
HON. JOLINA JAMILI -do-
HON. DONNA ALCANTARA -do-
LOREN BHE COCCE -do-
LORICEL REVILLO -do-

Absent:

Resolution No. 4, s. of 2021

Authored by: Hon. Donna Alcantara


SK Member

A RESOLUTION AUTHORIZING THE SANGGUNIANG KABATAAN


CHAIRPERSON AND SANGGUNIANG KABATAAN TREASURER TO OPEN A BANK
ACCOUNT AT LANDBANK OF THE PHILIPPINES

WHEREAS, section 20 (a) of RA 10742 states that the Ten percent (10%) of the general fund shall be set
aside for the Sangguniang Kabataan. The Sangguniang Barangay shall appropriate the Sangguniang
Kabataan funds in lump-sum which shall be disbursed solely for the youth development and
empowerment purposes;

WHEREAS, section 20 (b) of RA 10742 states that the Sangguniang Kabataan shall have financial
independence in its operations, disbursement and encashment of their fund, income and expenditures. As
such, the Sangguniang Kabataan the Sangguniang Kabataan funds shall be deposited in the name of the
Sangguniang Kabataan of the concerned barangay in a government-owned bank situated or nearest to its
area of jurisdiction with the Sangguniang Kabataan chairperson and the Sanguniang Kabataan Treasurer
as the official signatories;

WHEREAS, whereas SK Chairperson Jimart Naingue and SK Treasurer Rhoda Cabasal has been
approved and duly entered in the Registry of Bonded Public Officers maintained by the office of
Provincial Bureau of Treasury.

WHEREAS, the Ten percent (10%) SK Fund from the general fund shall be transferred to the bank
account to be opened and will serve as the official bank account of Sangguniang Kabataan and will be
used in their financial transactions and disbursement in implementing different programs, projects and
activities that will benefits the youth in Barangay Ipilan;
NOW THEREFORE, BE IT RESOLVED, AS IT IS HEREBY RESOLVED BY THE
SANGGUNIANG BARANGAY OF BARANGAY IPILAN, A resolution authorizing the Sangguniang
Kabataan Chairperson and Sangguniang Kabataan Treasurer to open a bank account;

RESOLVED FURTHER that copy of this resolution be forwarded to the Landbank of the Philippines,
DILG, Municipal Treasurers Offices, Accounting Office, Budget office and other offices/agencies
concerned for their appropriate action and reference;

APPROVED.

I HEREBY CERTIFY to the correctness of the foregoing resolution which was duly adopted by the
Sangguniang Kabataan during its special meeting held on June 02, 2021 at Barangay Session Hall.

MR. RENE A. PANCHO


Secretary of the Sangguniang Kabataan

ATTESTED AND CERTIFIED TO BE DULY ADOPTED:

HON. JIMART M. NAINGUE


SK Chairman/Presiding

WITH CONCURRENCE:

HON. JEZEVEL ALILI HON. JAYSON ALIE HON. HARVEY BALANAC


SK member SK member SK member

HON. JOLINA JAMILI HON. DONNA ALCANTARA HON. LOREN BHE COCCE
SK member SK member SK member

HON. LORICEL REVILLO


SK member

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