Municipality of Baco Financial Disclosures: Special Education Fund (SEF Utilization)

The Special Education Fund (SEF) consist of the proceeds of one percent (1%) tax on the assessed value of real property in addition to the basic real property tax, which a province or city, or a municipality within the Metropolitan Manila Area, may levy and collect.

Application of Proceeds of the Additional One Percent (1%) Special Education Fund Tax

(a) The proceeds of the additional one percent (1%) real property tax accruing to special education fund shall be automatically released to the local school boards.

(b) In case of provinces, the proceeds of the special education fund shall be divided equally between the provincial and municipal school boards.

(c) Said proceeds shall be allocated as determined and approved by the local school boards concerned only for the following purposes:

1. Operation and maintenance of public schools;
2. Construction and repair of school buildings, facilities and equipment;
3. Educational research;
4. Purchase of books and periodicals; and
5. Sports development.

(Article 363 of the IRR of the Local Government Code)

Special Education Fund Budget – The Local School Board shall determine in accordance with the criteria set by DepEd, the annual supplementary budgetary needs for the operation and maintenance of public schools within the province, city, or municipality as the case maybe, and the supplementary local cost of meeting such needs, which shall be reflected in the form of an annual school board budget corresponding to its share of the proceeds of the special levy on real property constituting the special education fund and such other sources of revenue as the Local Government Code and other laws or ordinances may provide. (Article 184(b)(1) of the IRR of the Local Government Code)

The division superintendent, city superintendent, or district supervisor, as the case maybe, shall prepare the budget of the school board concerned. Such budget shall be supported by programs, projects and activities of the school board for the ensuing fiscal year. A majority of all the members shall be necessary to approve the budget. (Article 184(f) of the IRR of the Local Government Code)

The annual school board shall give priority to the following:

1.Construction, repair and maintenance of school buildings and other facilities of public elementary and secondary schools;

2.Establishment and maintenance of extension classes when necessary; and

3.Holding of sports activities at the division, district, municipal, and barangay levels.

Source: Manual on NGAS

Below is a copy of Municipality of Baco's
a. STATEMENT OF INCOME AND EXPENDITURES - Special Education Fund 2009