config

SECOND QUARTER BUDGET PERFORMANCE REPORT

 FOR THE PERIOD OCTOBER –DECEMBER 2016 

 

 

 

 

12

 

SUBMITTED TO THE COMPTROLLER & ACCOUNTANT GENERAL

 

JANUARY 25, 2017

 

REPUBLIC OF LIBERIA

 26                 INDEPENDENT NATIONAL COMMISSION ON HUMAN RIGHTS (INCHR) 12          

      

Tubman Boulevard VP Road Sinkor, Liberia

Cell#: 0886894777, Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

The Budget Performance report has been prepared in accordance with the provisions of the Public Financial Management Act, 2009 and in compliance with the Cash Basis International Public Sector Accounting Standard (Cash Basis IPSAS).

In accordance with the provisions of the Public Financial Management Act, 2009, the administration is responsible for the control of and accounting for funds controlled by the Independent National Commission on Human Rights.

Accordingly, we are pleased to submit the required budget performance report in compliance with section 3.6 of the Public Financial Management Manual of 2013. We have provided, and will continue to provide all the information and explanations as may be required in connection with the budget performance report.

 

Basis of Preparation

 The measurement basis applied is the historical cost basis, except where otherwise stated in the accounting policies below. The accounting policies applied have been consistently applied throughout the preparation process.

 

Accounting Policies

These are the specific principles, bases, conventions, rules and practices adopted by the government of the Republic of Liberia in preparing and presenting the financial reports. The principal accounting policies adopted in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented, unless otherwise stated.

To the best of our knowledge and belief, the budget performance report agrees with the books of accounts, which have been properly kept by the INCHR.

 

 

 

Management Discussion and Analysis on the budget performance report

During the Quarter, INCHR had total authorized appropriation/allotment of US$ 370,394.00 (Three hundred seventy thousand three hundred ninety four United States dollars) which constitutes 2.5 percent of the balance in appropriation for the remainder of the fiscal year October 2016-June 2017.

Out of the total appropriation/allotment figure above, General Allowance account for US$ 158,925.00, special allowance US$ 117,000.00 while goods & services account for US$ 94,469.00. The chart below illustrates that out of the total appropriation/allotment, general allowance account for 43%, and special allowance account for 32% while goods & services account for 25%.

Figure 1.1

Report.1

Source: GOL Allotment for October-December 2016

 

INCHR Disbursement

Out of the quarterly authorized appropriation/allotment approved by the Ministry of Finance and Development Planning, the Commission submitted to MFDP through vouchers the amount totaling US$ 270,094.00 (Two hundred seventy thousand ninety four united states dollars). Of this amount, general allowance account for 57%, special allowance account for 37% while goods and services account for 6%.

The pie chart below illustrates the percentage apportionment of the Commission’s expense voucher submitted for the quarter (Oct-Dec 2016).

Figure 1.2

Report.2

Source: GOL Special Service Voucher Oct-Dec 2016

 

Balance in Allotment

During the execution of the authorized allotment, the amount of US$ 100,300.00 allotment balance constitutes the difference of the budget allotted by the Ministry of Finance as December 30th 2016.

As indicated on the pie chart hereunder, the balance of (US$ 22,951.00) representing 23% of personnel cost and the balance (77,349.00) represents 77% of goods & services that have not been processed at the MFDP. Ref. Pie chart below.

 

Figure 1.3

Report.3

Source: E V & Allotment from Oct-Dec 2016

The Commission been aware of its fiduciary responsibility constituted fiscal discipline by improving financial controls to ensure that the work of the Commission is an example for other institutions to follow and ensure that the people of Liberia have value for  money.

 

INCHR RECURRENT BUDGET EXECUTION METRIX FOR FISCAL YEAR 2016 / 2017 QUARTER ONE (OCT-DEC 2016)
Economic Classification Annual Appropriations For FY16/17 Q1 JUL-SEPT 2016

 

 

 

CODE

 

 

Budget Line Items

Bal in Original Appro. Oct-June Q2-Oct-Dec Authorized Appropriation/Allotment

 

 

 

Bal in Appro

 

 

INCHR Disbursement

 

 

Q1 Bal in Allotment

21 Compensation Of Employees:      
211116 Special Allowance

          

351,000.00

                      117,000.00          234,000.00

    

 99,000.00

   

 18,000.00  

211110 General Allowance

         

 476,774.00

                      158,925.00          317,849.00

     

153,974.00

    

4,951.00

  Total

      

827,774.00

                      275,925.00        551,849.00

   

252,974.00

   

22,951.00

22 Use Of Goods and Services:      
221203 Telecommunication, Int. Postage

              

7,000.00

4,666.00

           

2,334.00

4,666.00  

                 
221303 Office Buildg. Rental and Lease

           

 75,000.00

75,000.00

                         

75,000.00  

221401 Fuel and Lubricants-Vehicles

             

6,750.00

                                      

1,500.00

          

5,250.00

        

1,500.00

        

 -

221402 Fuel and Lubricants-Generator

             

 1,903.00

                          

422.00

          

 1,481.00

          

 422.00

      

-

221502 Repairs and Maintenance - Vehicles

              

1,500.00

1,000.00

           

500.00

               

1,000.00  

               -  
221105 Domestic travel - Means

              

1,000.00

              1,000.00                  -                  -  
221106 Domestic travel - DSA                1,000.00 500.00             500.00            500.00                  -  
221501 Repairs and Maintenance - Civil

              

1,000.00

 

           

1,000.00

                                  -  
221503 Repairs and Maintenance Generator

              

1,500.00

1,000.00

           

500.00

1,000.00

               -  
221602 Stationery

              

2,084.00

                           416.00

          

1,668.00

           

416.00

      
221602 Cleaning Materials

                

642.00

                           116.00

             

526.00

            

116.00

               -  
221812 Special Operations/Investigation

              

1,000.00

                          

500.00

          

500.00

          

 500.00

         

221204 Refuse Collection                  600.00 600.00               600.00 600.00                -  
222102 Workshop, Conference, Siminars

              

1,330.00

 

         

  1,330.00

                 -                  -  
221202 Water and Sewage

                

800.00

400.00

           

400.00

400.00                   

               -  
221201 Electricity                6,000.00 6,000.00                  6,000.00                           -  
222101 Celebration & Commoration

                

800.00

 

             

800.00

                 -                  -  
222113 Guard & Security Services

             

 4,050.00

                         1,350.00

          

2,700.00

           

         

1,350.00

221701 Consultancy

              

3,001.00

                           999.00

          

2,002.00

            

     

999.00

  Total

        

116,960.00

                           94,469.00

     

 22,491.00

        

17,120.00

     

77,349.00

  Total Recurrent Budget 2016/2017

 

 

944,734.00

                     

 

370,394.00

      

 

944,734.00

 

 

 270,094.00

 

 

100,300.0

                   

Add comment


Security code
Refresh

Go to top