Reasonable Budget
The University’s budget is divided into its four institutional functions, specifically: Instruction (Higher and Advanced Education), Research Services, Extension Services, Production, and General Administration and Support Services. The table below shows the University’s budget allocation from 2014 through 2021.
As seen in the table, the University allocated Php 42,691,000.00 for Extension Services out of its total budget of Php 1,086,045,000.00 for the year 2021. This covers the Personal Services, Capital Outlay (CO), and Maintenance ,Operation and Other Expenses (MOOE) of all extension activities that will be implemented on the same year. The university also submits its National Expenditure Program(NEP) and receives funding under the General Appropriations Act (GAA) of the government.
Apart from the funding from the GAA, the University also accumulates income from various fees. The following report shows the Income Collection and Utilization Monitoring for the year 2021.
As seen in the previous report, PSU Urdaneta collects tuition fees, fees under the fiduciary fund (e.g., athletic, cultural, medical/dental), non-income collections (funding from other external agencies), and income generating projects, which are used for various purposes including Extension-related activities.
The University oversees the overall strategic direction of the University’s operations, and its goals and budgetary demands are communicated to each Unit. The campus will develop an Annual Operational Plan that will drive its Programs, Projects, and Activities (PPAs) to achieve the set goals.
The appropriate budgetary demands are also established at the same time as the PPAs are set. These are then sent down to university units like the College of Computing and the Department of Information Technology. This operational and financial planning strives to ensure that funds are used wisely on activities that promote the University’s vision and mission.
The proposed extension program or project proposals will be presented to the Board of Regents (BOR) meeting held during the last quarter of each year. An approved resolution shall be cascaded to the VP for Research and Extension and to the Extension Director for implementation.
A request from Campus Extension Coordinator, noted by the CED for the release of budget will be sent to the VP Finance. Once released the cash advance will go to the extension activity leader or proponent. For the calendar year of 2018, the department received a total budget of Php 20,000.00 for the conduct of its extension projects under the program entitled “Adopt-a-School: Training Workshop Program for Public Secondary School Teachers”.
For 2019, all proposed extension proposal were approved, and the total amount allocated to all the extension activities of the university was Php 7,680,000.00. The Research, and Extension and Innovation (REI) Division conducted the Virtual InHouse Proposals Review for the different REI Centers last May 24-25, 2021. The presented Extension Proposals are anchored on the priority programs of REI for 2022.