Reasonable budget
The University’s budget is apportioned into its institutional functions, namely: (a) Instruction (Higher and Advanced Education), Research Services, Extension Services, Production, and General Administration and Support Services. The next table presents the allocation of the University’s budget from 2014 to 2021.
The PSU’s budget allocation for Instruction is increasing through the years. This can be attributed to the increased number of students being catered by the University. Procurement of new equipment and upgrading of facilities for instructional purposes has been a priority of the University. Thus, the Instruction gets the largest portion of the University’s total budget.
For example, in 2021, the University has allotted Php 626,762,000.00 for Instruction out of its total budget of Php 1,086,045,000.00. This covered Personal Services, Capital Outlay (CO), and Maintenance, Operation, and Other Expenses (MOOE). In compliance to statutory requirements, the PSU annually submits its National Expenditure Program (NEP) and receives funding from the national government under the General Appropriations Act (GAA).
Aside from the funding from the GAA, the University also collects income from various fees. As specified in the next report (Income Collection and Utilization Monitoring), 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. These are utilized for various purposes including Instruction-related activities.
Campus Budget and Planning
As the University provides the strategic and over-all direction of the University’s operations, the University targets and its budgetary requirements are cascaded to each Unit. The campus will craft its Annual Operational Plan governing its Programs, Projects and Activities (PPAs) to meet the set targets. Together with the setting of the PPAs, the necessary budgetary requirements are also identified. These are further cascaded into each campus units, such as the College of Computing and the Information Technology Department. This operational and budgetary planning aims the effective use of funds on the planned activities supporting the University’s vision and mission.
The next pictures show the Campus Annual Operational Plan covering the PPAs and their budget.
IT Department’s Budget and Planning
In accordance with the University’s Strategic Plan and Campus Annual Operational Plan, the IT Department crafts its Department Unit Annual Operational Plan. This plan provides a basis on the PPAs to be conducted and the budget to be requested. The identified PPAs correspond to the needs of the department in Instruction-related activities. The next picture provides sample pages on the IT Department’s Annual Operational Plan.
Aside form the Department Annual Operational Plan, the Project Procurement Management Plan is also crafted to guide the procurement of materials and equipment needed by the Department for the purpose of Instruction.
Evidence