Draft Resolution SK
Draft Resolution SK
PRESENT:
ABSENT:
WHEREAS, in accordance with SK Reform Act of 2015 (RA No. 10742), ten percent
(10%) of the general fund of the barangay shall be set aside for the SK. The Sangguniang
Barangay shall appropriate the SK funds, which shall be disbursed solely for youth
development and empowerment purposes.
WHEREAS, under the same law, it provides that the SK shall have financial
independence in its operations, disbursements, and encashment of their fund, income and
expenditures.
WHEREAS, the SK shall open an a current account in the name of the SK with the
Development Bank of the Philippines, Dagupan Branch, where the SK funds shall be
deposited.
______________________________
Secretary to the SK of _________
ATTESTED:
_____________________________
SK Chairman
APPROVED: