Muhoz Water District Bayuga St., Science City of Munoz Tel. No. (044) 4560-599 Telefax. (044) 456-5063 e-mail: [email protected]December 18, 2015 BOARD RESOLUTION NO. 16, S-2015 APPROVE 2016 BUDGET * WHEREAS, there is a need to approve the Munoz Water District (MWD) 2016 Budget to fund its operations proportionate to its financial viability, WHEREAS, 2016 Budget serves as financial plan of the district to attain MWD's mission and goal; WHEREAS, the 2016 Budget was presented arid deliberated in the previous Meetings and revisions were made to some items as discussed during deliberation; NOWTHEREFORE, premises considered, on motion duly seconded and unanimously approved by all Directors present, be it; RESOLVED, as it is hereby resolved, to approve the 2016 Budget. APPROVED UNANIMOUSLY. Vice-Chairman of thoBoard /I , ,3. eL-*- * " ROSARIOB. DE GUZMAN Director MARIETA M. RECOMETA Director-Board Secretary ITA F. GARCIA Director . VERGARA Chairman of the Board
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Muhoz Water District · Transfer of CF to PS reserve ... (PY = 3%) Total Collection Less; Discount (2% of OTP) ... PHILHEALTH Contributions ECC Contributions Total 4.
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Muhoz Water DistrictBayuga St., Science City of MunozTel. No. (044) 4560-599 Telefax. (044) 456-5063e-mail: [email protected]
December 18, 2015BOARD RESOLUTION NO. 16, S-2015
APPROVE 2016 BUDGET
*
WHEREAS, there is a need to approve the Munoz Water District (MWD)
2016 Budget to fund its operations proportionate to its financial viability,
WHEREAS, 2016 Budget serves as financial plan of the district to attain
MWD's mission and goal;
WHEREAS, the 2016 Budget was presented arid deliberated in the previous
Meetings and revisions were made to some items as discussed during deliberation;
NOWTHEREFORE, premises considered, on motion duly seconded and
unanimously approved by all Directors present, be it;
RESOLVED, as it is hereby resolved, to approve the 2016 Budget.
APPROVED UNANIMOUSLY.
Vice-Chairman of thoBoard
/I , ,3. eL-*- * "
ROSARIOB. DE GUZMANDirector
MARIETA M. RECOMETADirector-Board Secretary
ITA F. GARCIADirector
. VERGARAChairman of the Board
MUNOZ WATER DISTRICT
PROJECTED BALANCE SHEET
December 31, 2016
ASSETS
CURRENT ASSETS
Cash on hand
Cash in Bank
Receivables:
Accounts Receivables
Less: Allowance for Doubtful Accts.
Net - Accounts Receivable
Notes Receivable
Other Receivables
Inventories
Total Current Assets
NON-CURRENT ASSETS
Sinking Fund
LWUA-MWDJSA
Contingency fund
Personnel Benefits reserve
Guaranty deposits
Property, Plant & Equipment
Less: Accumulated Depreciations
Total Non-Current Assets
OTHER ASSETS
Other Assets
TOTAL ASSETS
2,147,564.77
269,610.23
1,877,954.54
20,205.00
57,650.00
5,008,046.31
2,357,627.37
1,539,711.47
1,882,576.47
76,709,202.46
28,109,519.95
10,000.00
2,969,735.00
1,955,809.54
4,130,992.10
9,066,536.64
10,787,961.62
48,599,682.51
59,387,644.13
73,757.16
68,527,937.93
LIABILITIES & EQUITY
CURRENT LIABILITIES
Due to BfR
Guaranty Deposits Payable
Total Current Liabilities
74,066.86
1,731,821.03 1,805,887.89
LONG TERM LIABILITIES
Loans Payable - Domestic
Other Payables
DEFERRED CREDITS
Deferred credits
EQUITY
Retained Earnings
TOTAL LIABILITIES & EQUITY
5,935,918.67
2,212,854.30
34,039.38
58,539,237.69
68,527,937.93
Recommending Approval
GR.ROGELIO L.MIGUEL
General Manager
Roved as Per Board Resolution No. 16s. 2015 dated
2015'Vx
/) ,, ^<&^^ROSARIOB.M GUZMAN
Direct
MARIETAM. RECOMETADirector
:DGARDOS?DELACRUZDirector
ENGB?RENATO VERGARA
Chairman of the Board
Munoz Water DistrictCASH BUDGETFOR THE BUDGET YEAR 2016
Cash Flows from operating ActivitiesCash inflows:Collection of receivablesCollection of incomeCollection of finmes and penaltiesCollection of customers' depositCollection of notes receivableRefund of cash advance
Total Cash inflowsCash OutflowsPayment of Operating expensesRemittance of GSIS/PAGIBIG/WtaxesPurchase of suppliesTotal Cash Outflows
Total Cash provided by operating activities
Total Budgeted2016
28,995,200.002,398,100.00
109,200.00
31,502,500.00
23,467,400.001,206,000.002,952,000.00
27,625,400.003,877,100.00
Total ActualJan. -Oct., 2015
22,039,214.221,380,364.00
700,738.49110,950.00
3,000.00136,194.89
24,370,461.60
13,850,105,66647,429.40
1,621,706,5216,119,241.588,251,220.02
ProjectedNov., 2015
4,707,400.00238,600.00141,000.0016,100.00
5,103,100.00
3,594,300.00155,400.00286,700.00
4,036,400.001,066,700.00
Total2015
26,746,614.221,618,964.00
841,738.49127,050.00
3,000.00136,194.89
29,473,561.60
17,444,405.66802,829.40
1,908,406.5220,155,641.589,317,920.02
Increase
(Decrease)
2,248,585.78779,136.00
(841,738.49)(17,850.00)
(3,000.00)(136,194.89)
2,028,938.40
6,022,994.34403,170.60
1,043,593.487,469,758.42
(5,440,820.02)
Cash flows from Investing ActivitiesCash inflows
Interest incomeTotal Cash inflowsCash Outflows:
CAPEXTransfer of cash fund to LWUA-JSATransfer of cash fund to contingency fundTransfer of CF to PS reserveTransfer of cash fund to guaranty deposit
Total Cash OutflowsTotal Cash provided by investing Activities
Cash flows from Financing ActivitiesCash inflowsCash Outflows:
Payment of domestic loanPayment of accounts payablePayment of other payablesOther bank charges
Total Cash OutflowsTotal Cash provided by Financing ActivitiesCash provided by Operating, Investing and FinancingActivitiesAdd: Cash and Cash equivalents - beginning
MUN02 WATER DISTRICTBUDGET APPROPRIATION FOR PERSONNEL SERVICESFOR THE BUDGET YEAR 2016
1. Salaries and Wages Regular
2. Other Compensation:Personnel Economic Relief AllbwanceRepresentation AllowanceTransportation AllowanceClothing AllowanceHonorariaLongevity PayOvertime and night payCash GiftYear End BonusTotal other compensation
Gasoline, Oil and Lubricant Expenses (BOD) included in the allocation for Gasoline, oil and lubricants for vehicle
MUNOZ WATER DISTRICT
BUDGET APPROPRIATION FOR MAINTENANCE, OPERATING AND OTHER EXPENSES
FOR THE BUDGET YEAR 2016
Average Monthly
4. Utility Expenses
Water expenses
Electricityfpower used for pumping)
Electricity(power used for office)
Budget
3,000,00
257,733.33
20,000,00
280,733,33
Tiotal Budgeted
2016
36,000.00
3,092,800.00
240,000.00
3,368,800.00
Total Actual
Jan.-Oct., 2015
25,006.00
2,403,045.00
191,365.33
2,619,416.33
Projected
Nov.-Dec., 2015
6,000.00
558,900.00
49,000.00
613,900.00
Total
2015
31,006.00
2,961,945.00
240,365.33
3,233,316.33
Increase
(Decrease)
4,994.00
130,855.00
(365.33)
135,483.67
Power used for pumping is computed at P2.37 per cubic meter produced
5. Communication Expenses
Postage and deliveries
Telephone expenses - landline
Telephone expenses - mobile, office
Telephone expenses - mobile, BOD
Internet Expenses
Cable, Satellite, telegraph and radio expenses
Total
6. Membership dues and contributions to org.
Includes contribution to NEWADA Activity - P12.000.00
1 , Advertising expenses
includes provision for the following:
- Customers handbook
- Information dissemination - message cast
- Calendar
-Anniversary token
1,000.00
9,000.00
6,000.00
2,500.00
6,400.00
500.00
25,400.00
3,000.00
11,000.00
10,000.00
60,000.00
20,000.00
30,000.00
12,000.00
108,000.00
72,000.00
30,000.00
76,800.00
6,000.00
304,800.00
36,000.00
132,000.00
^
380.00
86,601.22
54,133.12
25,000.00
50,225.69
3,700.00
220,040.03
10,200.00
88,946.39
^1^^^
1,000.00
16,400.00
12,000.00
5,000.00
12,000.00
500.00
46,900.00
6,800.00
22,500.00
. — "
1,380.00
103,001.22
66,133.12
30,000.00
62,225.69
4,200.00
266,940.03
17,000.00
111,446.39
10,620.00
4,998.78
5,866.88
-
14,574.31
1,800.00
37,859.97
19,000.00
20,553.61
\J?
MUNOZ WATER DISTRICT
BUDGET APPROPRIATION FOR MAINTENANCE, OPERATING AND OTHER EXPENSES
FOR THE BUDGET YEAR 2016
Average Monthly
8. Representation expenses
Representation expenses - office
Budget
27,000.00
Tiotal Budgeted
2016
324,000.00
Total Actual
Jan.-Oct., 2015
231,567.66
Projected
Nov.-Dec., 2015
94,000.00
Total
2015
325,567.66
Increase
(Decrease)
(1,567.66)
Representation expenses office includes provision for the following:
- MWD Board Meeting expenses
- MWD Participation to sports activities ofLGU and NEW ADA
- MWD Anniversary Celebration
- MWD Christmas Party
9. Transportation and Delivery expenses
10. Subscription expenses
11. Professional Services
Legal Services
Auditing Services
General Services
Security Services
Other professional services
Coun./Board Members allow. And other benefits
500.00
1,200.00
3,000.00
10,000.00
75,400.00
19,200.00
10,500.00
57,000.00
175,100.00
72,000.00
60,000.00
60,000.00
60,000.00
6,000.00
14,400.00
36,000.00
120,000.00
904,800.00
230,400.00
126,000.00
684,000.00
2,101,200.00
-
4,775.00
11,250.00
90,742.72
623,799.00
68,400.00
77,800.00
382,200.00
1,254,191.72
1,000.00
2,400.00
6,000.00
•
188,000.00
19,200.00
17,000.00
118,400.00
348,600.00
1,000.00
7,175.00
17,250.00
90,742.72
811,799.00
87,600.00
94,800.00
500,600.00
1,602,791.72
5,000.00
7,225.00
18,750.00
29,257.28
93,001.00
142,800.00
31,200.00
183,400.00
498,408.28
General services includes provision of (8) Job Orders for all divisions and DOLE-SPE5 Program
Security services includes (2) additional security guard for MWD Office and Pumphouse
Other professional services includes water quality analysis fee, physical and chemical test, maintenance of billing system
Coun./Board members allowance includes salaries of Minutes Agenda Officer and provision for Performance Based Bonus for Board Member equivalent to P35.000.00 each.
•
MUNO2 WATER DISTRICT
BUDGET APPROPRIATION FOR MAINTENANCE, OPERATING AND OTHER EXPENSES
FOR THE BUDGET YEAR 2016
Average MonthlyBudget
12. Repairs and.MaintenanceR&M-OfficeBuildingR & M - Other structures pumphouse
R & M - Other structures bldgs.R & M - office equipmentR & M - furniture and fixture
R & M - IT equipment and softwareR & M - machineries (power production eqpt.)R & M - machineries (pumping equipment)R & M - other machineries and equipmentR & M - water treatment equipment
R & M - motor vehiclesR & M - production wellR & M - reservoir and tank
R & M - transmission and distribution mainsR & M - servicesR & M - metersR & M - hydrants
R & M - Building and other structures include improvement of Maligaya Pumphouse
R & M - office equipment includes maintenance of (2) photocopierR & M -IT equipment and Software includes provision for UPS replacement and Maintenance of CCTV
13. Miscellaneous expenses
Miscellaneous expenses includes provision for GM's EME
14. Taxes Insurance Premiums and Other fees
Taxes, duties and licensesFidelity Bond PremiumsInsurance Expenses ~
iprove^ ds Pet B($a>fJ Resolution No. 16 s. 2015 dated December 18, 2015
iGEUrTAF, GARCIA rfo$ARIO B. dg^UZMAN
hector Director
A
luX /̂urMARIETA M
Director
r
. RECOMETA>
Clwirman of the Board
MUNOZ WATER DISTRICT
BUDGET APPROPRIATION FOR CAPEX and PURCHASE OF MATERIALS AND SUPPLIES
FOR THE BUDGET YEAR 2016
Total Budgeted2016
1. Pumping Stationa. Upgrading of control panelb. Installation of Transient Vortage Surge Suppressorc. Installation of new distribution transformer at VillaPinili Pumping Statione. Replacement of new Soft Starter at BayugaPumping Stationf. Chlorinatorg. Repainting and repair of pumphouse anddischarge lineh. Installation of butterfly valve at Bayuga pumpingstation
i. Installation of flowmeter at Villa Pinili Pumping Stationj. Purchase of other office equipment (TV, electric fan, cellphone)
2. Construction of ground reservoir at Maligaya Pumping Station3. Pipeline Extension - Barangay Gabaldon to Brgy. Catalanacan4. Pipeline Extension - Brgy. Maligaya5. Installation of additional fire hydrant6. Tools for Maintenance Division7. Construction of extension office and storeroom8. Service vehicle (1 unit motorcycle with sidecar)9. Purchases
Commercial Divisiona. 2 units standby CPUb. Standby printer (4 units Epson LX300)c. Standby printer (1 unit Epson L110)d. External drivee. Development of Read and Bill System
TotalAdministrative - Finance Divisiona. External Hard Driveb. Standby printer (1 unit Epson LX300)c. Standby printer {1 unit Epson L110)d. Printer for Engineering Sectione. Desktop computerf. MS Office Software/Software development for ARg. Scanner/Document Viewerh.Office furnitures {chairs,tables, cabinets)i. Vertical blinds