Lakes State Assembly Passes Appropriation Bill 2011 Lakes State Parliament passed an Appropriation Act to provide for and control Government of Lakes state revenues and expenditures from the Consolidated Fund, intended for the security and benefit of the citizens of Lakes State, from 1st January to 31st December 2011.14 April 2011 Governor Chol Tong (red tie) to sign the bill [Photo - File] By Aborhok Malual Nyincol
(For Gurtong–Rumbek, April 12, 2011) - The Purpose of the Act is to promote efficient and effective financial management system in the state which should not allow misappropriation of public resources in all the government institutions. Hence, the chairperson for finance and Economic Development Committee, Honorable Madhieu Makuac Adhil, presented an appropriation bill to the august house for third and final reading after a long deliberation which he said shall come into effect when signed into an act by the Governor of Lakes State. Makuac moved a motion to the committee of the whole house to pass the bill which includes Pension Funds where The Minister of Labour and public service shall maintain a Pension Account into which all employees (8% of basic salary) and employer (17% of basic salary) contributions of eligible government of Lakes State employees shall be deposited. He said The Pension Account shall be a deposited account without withdrawer signatures, until a pension Management Board is established by a Pension Law is. He further assured the house that Expenditures from the Pension Account shall only be for purposes of provision of post service benefits or other retirement entitlements of former Government employees. However, Appropriations from the Consolidated Fund Salary payments to Public Service employees shall be in accordance with the Public Service laws of the Government of Southern Sudan and pay scale and procedures set by the Minister of Labour, Public Service and Human Resource Development. Whereas the Payments for operation costs and capital expenditures shall be in accordance with the Financial Laws of the Government of Lakes State and the payment procedures set by the Minister of Finance, Trade and Industry. The bill narrated that Payment requests against a Spending Agency’s appropriation must be submitted to the Ministry of Finance, Trade and Industry by the designated Accounting Officer, as specified in the Approved Budget. No other individual is authorized to submit a payment request on behalf of a Spending Agency, (except?) in the event the designated Accounting Officer being out of station or otherwise unavailable. Limits to Expenditure: No funds shall be transferred from one chapter to another during the financial year as stipulated in the Approved Budget’s activity estimates, without the approval of the Assembly through a Supplementary Appropriation Bill. The Minister of Finance shall only release proposed reallocations within an individual budget lines exceeding 20% of the chapter, after the approval of the Council of Ministers. The Minister shall present a quarterly progress report, on revenue and expenditure to the Council of Ministers of the Government of Lakes State. The Minister shall present a bi-annual progress report on revenue, expenditure and implementation of activities in the second week of the first month of each Session, to the Lakes State Legislative Assembly. Once a supplementary appropriation has been approved, the appropriation of the relevant Spending Agency shall be adjusted accordingly, on a chapter by chapter basis, according to the relevant budget line and activity code. Supplementary expenditures shall not be incurred before the approval of the Assembly where additional appropriations are financed through an allocation from reserve funds. The Minister of Labour and Public Service shall maintain a Pension Account into which all employee (8% of basic salary) and employer (17% of basic salary) contributions of eligible government of Lakes State employees shall be deposited. Meanwhile, The Pension Account shall be a deposited account without withdrawer signatures, until a pension Management Board established by a Pension Law .Expenditures from the Pension Account shall only be for purposes of provision of post service benefits or other retirement entitlements of former Government employees. The assembly passed the bill which should come to effect when signed into law by the Governor of Lakes State Engineer Chol Tong Mayay. Posted in: Home -- You received this message because you are subscribed to the Google Groups "JFD info" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/jfdinfo?hl=en.
