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Sangguniang Kabataan Utilization of Funds

Section 20 (a) of RA No. 10742, as amended, mandates that the ten percent (10%) of the general fund of the barangay 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 youth development and empowerment purposes. Such funds shall be disbursed in accordance with the provisions of the SK Law and its Revised Implementing Rules and Regulations (IRR), RA No. 7160, RA No. 9184, and such other pertinent laws, rules, and regulations.

Further, Section 20(b) of the same Act provides that the SK shall have financial independence in its operations, disbursements, and encashment of its funds, income, and expenditures. As such, the SK funds shall be deposited in the name of the SK of the concerned barangay in a government-owned bank situated in or nearest to its area of jurisdiction with the SK chairperson and the SK Treasurer as the official signatories. 

In this regard, the SKs, especially those who are yet to open the current bank account, through the SK Chairperson and the SK Treasurer, to carry out their mandate and to be able to officially exercise their financial independence, are directed to comply with and be guided by the following procedures and requirements, immediately after he/she have completed the SK Mandatory Training and have taken their Oath of Office, such as:

A. Fidelity Bond Application 

B. Taxpayer Identification Number (TIN) Application  

Legal Bases / References

• JMC 2025 - 01 DILG DBM NYC Updated Guidelines on the Appropriation, Release, Planning And Budgeting Process For the SK Funds 

• Advisory 2023.11.15 Relevant Information on the Requirements and Procedures of the Bureau of the Treasury on the Processing of the Fidelity Bond Application by the Concerned Barangay and SK Officials

• MC 2023 - 171 Mandatory requirements to operationalize the Financial Independence of SK, pursuant to section 20 of Republic Act No. 10742 as amended by RA No. 11768