Appendix - Fiduciary Funds · Rare Periodicals · Open Access Repository @ UPD

Appendix - Fiduciary Funds

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Part of Budget for 1937 of the Commonwealth of the Philippines

Title: Appendix - Fiduciary Funds
Language: English
Source: Budget for 1937 of the Commonwealth of the Philippines (1936)
Year: 1936
Subject: Budget -- Philippines; Appropriations and expenditures
Rights
Abstract: [This contains statements that show the different funds held by the Insular Government in trust. These funds derive their receipts from their investments and from contributions made by the Government.]
Fulltext: 608 D.—DEPARTMENT OF THE INTERIOR FIDUCIARY FUNDS The following statements show the different funds held by the Insular Government in trust. These funds derive their receipts from their investments and from contribu tions made by the Government. Los siguientes cuadros demuestran los fondos que posee el Gobierno Insular en fideicomiso. Sus ingresos provienen de sus inversiones y de las contribuciones que el Gobierno aporta. ARMY PENSION AND RETIREMENT FUND, ACT No. 1638, AS AMENDED Details 1937 estimated 1936 estimated 1935 actual Income: Interest on investment and securities.................. Pl,240.00 . Pl,838.56 Deduction from pay of officers............................... 60,000.00 P47,000.00 41,807.^67 Deduction from pay of enlisted men................... 70,000.00 58,000.00 57,349.22 Administrative fines of officers............................. 400.00 400.00 295.00 Summary court fines and forfeitures by enlisted men .......................................................................... 3,000.00 2,400.00 2,486.65 Savings in salaries and wages (Act No. 3591) 36,517.81 Additional contribution to Pension and Retire ment Fund to cover deficit in said fund......... 200,000.00 200,000.00 117,445.67 Contributions from General Fund.......................... 100,000.00 100,000.00 100,000.00 Total income .............................................................. 434,640.00 407,800.00 357,740.58 Expenditures— Pension of disabled officers..................................... 15,000.00 13,500.00 13,009.74 Pension of disabled enlisted men........................... 33,000.00 30,500.00 29,364.76 Pension of officers retired after 20 or more years of service .................................................... 157,000.00 150,000.00 147,756.80 Pension of enlisted men retired after 20 or more years of service...................................................... 218,000.00 213,000.00 204,453.74 Miscellaneous expenses ........................................... 2,000.00 2,000.00 2,752.44 Total expenditures .................................................... 425,000.00 409,000.00 397,337.48 Excess of income over expenditures................................. 9,640.00 (1,200.00) (39,596.90) Add—Surplus, January 1...................................................... 62,418.00 63,618.00 103,214.90 Surplus, December 31 ........................................................ P72,058.00 P62,418.00 P63,618.00 E.—DEPARTMENT OF FINANCE TREASURY CERTIFICATE FUND, ACT No. 4199 Details 1937 estimated 1936 estimated 1935 actual Accrual—'Treasury certificates issued............................. P80,000,000.00 P80,000,000.00 P77,326,595.00 Withdrawal—Treasury certificates retired.................... 70,000,000.00 65,000,000.00 62,179,930.00 Excess of accrual over withdrawal................................... 10,000,000.00 15,000,000.00 15,146,665.00 Add—Surplus, January 1 .................................................... 121,369,706.00 106,369,706.00 91,223,041.00 Surplus, December 31.......................................... -............... P131,369,706.00 P121,369,706.00 P106,369,706.00 E.—DEPARTMENT OF FINANCE 609 FIDUCIARY FUNDS EXCHANGE STANDARD FUND, ACT No. 4199 Detai Is 1937 1936 1935 estimated estimated actual Income: Fines and forfeitures................................................ P4,061.07 Interest on bank deposits........................................ Pl,800,000.00 Pl,800,000.00 1,912,500.00 Service income— Premium on exchange .................................... 68,000.00 68,000.00 70,063.35 New coinage ...................................................... 20,000.00 20,000.00 27,726.81 Recoinage............................................................ 9,000.00 9,000.00 9,522.04 Miscellaneous .................................................... 1,830.00 2,480.00 2,046.09 Production profit from new coinage................... 75,000.00 150,000.00 78,880.72 Production profit from recoinage.......................... 25,000.00 25,000.00 28,635.38 Miscellaneous receipts ............................................ 20.00 26.00 40.41 Discount on coins for recoinage........................... 2,344.09 Prior year credits .................................................... (116.93) 69,913.01 Total income............................................................ 1,998,850.00 2,074,389.07 2,205,732.97 Expenditures: Salaries and wages .................................................. 23,400.00 25,703.00 22,350.96 Traveling expenses of personnel........................... 60.00 60.00 48.17 Freight, express and delivery service................. 600.00 600.00 411.31 Postal, telegraph, telephone and cable service.... 3,000.00 3,000.00 2,655.36 Illumination and power service............................... 3,800.00 4,150.00 3,314.40 Consumption of supplies and materials................. 25,500.00 55,005.00 12,199.88 Maintenance and repairs of equipment............... 1,700.00 1,700.00 217.42 Other services .......................................................... 162,030.00 163,272.00 151,157.29 Total expenditures ................................................ 220,090.00 253,490.00 192,354.79 Excess of income over expenditures............................. 1,778,760.00 1,820,899.07 . Add—Surplus, January 1.................................................. 50,875,738.43 49,054,689.36 47,041,311.18 Surplus, December 31........................................................ P52,654,498.43 P50,875,588.43 P49,054,689.36 29908! ■89 610 G.—DEPARTMENT OF AGRICULTURE AND COMMERCE FIDUCIARY FUNDS REVEREND CRISOSTOMO DONATION FOND Details 1937 estimated 1936 estimated 1935 actual Income: Income from rentals................................................. Miscellaneous receipts.............................................. Prior year credits...................................................... Total income ........................................................... Expenditures: Salaries and wages.................................................... Traveling expenses of personnel........................... Postal, telegraph, telephone and cable service.... Rental of buildings and grounds........................... Consumption of supplies and materials............... Cash contributions and gratuities......................... Other services ............................................................ Purchase of furniture and equipment............... Total expenditures .................................................... Excess of income over expenditures................................ Add—Surplus, January 1.................................................... Surplus, December 31............................................................ P5.000.00 160.00 P4.500.00 160.00 P5.876.80 361.71 (871.63) 5,160.00 4,660.00 5,366.88 360.00 360.00 75.96 120.00 120.00 141.55 12.00 12.00 .30 3.00 25.00 25,00 7.78 17,500.00 1.00 50.00 50.00 50.00 50.00 117.30 617.00 617.00 17,846.89 4,543.00 4,043.00 (12,480.01) 11,267.47 7,224.47 19,704.48 P15,810.47 P11,267.47 P7.224.47 H.—DEPARTMENT OF PUBLIC WORKS AND COMMUNICATIONS 611 1937 requested 1936 authorized POSTAL SAVINGS BANK, ACTS 1493, 4093 and 4169 Details 1935 actual Income: Interest on investments and securities— Philippine Railway Company bonds............. Real estate loans ................................................ Manila Railway Company bonds................... Interest on bank deposits.................................. City of Manila Sewer and Waterworks bonds Provincial and municipal Government loans Foreclosed mortgaged properties................... Discount on assigned gratuities................................ Income from rentals.................................................... Service income .............................................................. Fines and forfeitures.................................................. Miscellaneous receipts................................................ Prior year credits ........................................................ Allotment from the National Loan and Investment Fund, Commonwealth Act No. 7.................................... Total income ............................................................ Expenditures: Salaries and wages........................................................ Traveling expenses of personnel ............................ Freight, express and delivery service................... Postal, telegraph, telephone and cable service.... Illumination and power service.............................. Rental of buildings and grounds.............................. Consumption of supplies and materials............... Printing and binding reports, documents and publications ................................................................ Maintenance and repair of equipment................... Other services................................................................ Interest due depositors.............................................. Reserve for administrative burden......................... Purchase of furniture and equipment................... Extraordinary losses.................................................... Losses from sales of foreclosed mortgaged properties .................................................................... Total expenditures-.............................................. Excess of income over expenditures............................... Add—Surplus, January 1.................................................... Total .......................................................................................... Deduct—Surplus transferred to National Loan and Investment Fund, Commonwealth Act No. 7........... Surplus, December 31............................................................ P22,317.14 294,043.15 8,219.80 59,003.06 18,297.77 125,492.43 3,776.27 49,129.52 25,297.46 50,402.24 4.05 10,757.08 (6,956.86) 390.00 f>482,499.00 P447,726.00 ..................... 482,499.00 447,726.00 659,783.11 46,325.00 66,947.00 68,893.22 2,200.00 938.42 150.00 4,600.00 6,500.00 5,711.51 800.00 1,000.00 963.54 510.00 1,500.00 560.27 3,860.00 6,000.00 5,477.91 1,500.00 2,800.00 2,548.20 160.00 400.00 220.65 1,300.00 6,000.00 5,903.08 300,000.00 300,000.00 297,756.88 123,000.00 52,729.00 50,123.09 444.00 1,500.00 924.47 2,982,228.57 5,626.26 1*482,499.00 P447,726.00 F446,037.50 213,745.61 2,768,482.96 2,982,228.57 F2,982,228.57 ........................... ............. ................ P2,982,228.57 612 I.—DEPARTMENT OF PUBLIC INSTRUCTION FIDUCIARY FUNDS TEACHERS’ PENSION AND DISABILITY FUND, ACT No. 3050 Total income .............................................................. 1,333,700.00 1,327,330.84 2,693,174.95 Details 1937 estimated 1936 estimated 1935 actual Income: Interest on investments and securities: Real estate loans .............................................. P0.00 P0.00 ^603,839.94 Bonds .................................................................. 0.00 0.00 583,135.37 Time deposits, Philippine National Bank.... 0.00 0.00 55,693.41 Advanced gratuities.......................................... 0.00 0.00 9,650.45 Loans to teachers.............................................. 35,000.00 30,000.00 29,904.18 Loans to pensioners .......................................... 7,000.00 5,000.00 4,075.84 Advances for taxes .......................................... 0.00 0.00 2,013.45 Advances for insurance ................................. 0.00 0.00 863.27 Advances for repairs....................................... 0.00 0.00 0.84 Miscellaneous income: Application fee .................................................. 0.00 0.00 280.20 Mortgage and cancellation fees................... 0.00 0.00 2,364.00 Notarial fee ...................................................... 0.00 0.00 250.22 Miscellaneous .................................................... 500.00 506.74 799.89 Income from sales of fixed assets........................... 0.00 0.00 2.80 Income on foreclosed mortgages: Rent...................................................................... 0.00 0.00 26,693.14 Penal clause ...................................................... 0.00 0.00 9,549.20 Credit adjustment prior year’s expenses........... 200.00 200.00 40.71 Personal contributions: Insular ................................................................ 95,000.00 95,000.00 93,557.95 Provincial............................................................ 40,000.00 40,000.00 37,195.04 Municipal ............................................................ 450,000.00 450,000.00 494,192.10 Contributions refunded by reinstated teachers.... 10,000.00 10,000.00 14,471.32 Interest on contributions refunded by reinstated teachers .................................................................... 1,000.00 1,000.00 1,205.06 Government contributions: Insular ................................................................ 102,000.00 102,672.87 100,740.15 Provincial............................................................ 50,000.00 50,000.00 54,563.20 Municipal ............................................................ 440,000.00 440,000.00 445,309.72 Salary savings, etc: Insular ................................................................ 0.00 (48.77) (3,677.96) Provincial................................................ -.......... 8,000.00 8,000.00 6,949.64 Municipal ............................................................ 95,000.00 95,000.00 119,511.82 I.—DEPARTMENT OF PUBLIC INSTRUCTION 613 FIDUCIARY FUNDS TEACHERS’ PENSION AND DISABILITY FUND, ACT No. 3050 Details Expenditures: Salaries and wages................................................... Traveling expenses of personnel.......................... Postal, telegraph, telephone and cable service... Consumption of supplies and materials.............. Other services ......................................................... Printing and binding reports, documents and publications ........................................................... Maintenance and repair of equipment.................. Premium on bonds, etc............................................ Illumination and power service.............................. Expenses on foreclosed properties: Taxes ................................................................. Insurance ........................................................... Repairs ............................................................... Water ................................................................. Light ................................................................... Plumbing ........................................................... Painting ............................................................. Labor ................................................................. Miscellaneous ................................................... Retirement pension ................................................. Compulsory retirement pension............................ Disability pension ................................................... Pension to surviving families................................ Salary deductions returned to teachers.............. Interest on salary deductions returned tc teachers ................................................................. Purchase of furniture and equipment................ Total expenditures Excess of income over expenditures. Add—Surplus, January 1 .................... Surplus, December 31 1937 estimated 1936 estimated 1935 actual 25,280.00 28,293.08 32,924.03 900.00 1,076.17 1,565.46 1,900.00 1,900.00 1,148.88 1,500.00 1,053.44 1,906.75 1,000.00 3,315.47 12,737.29 1 100.00 100.00 20.35 100.00 70.00 58.74 0.00 0.00 21,099.30 1,500.00 1,500.00 1,105.00 0.00 0.00 3,851.73 0.00 0.00 2,358.52 0.00 0.00 4,689.92 0.00 0.00 1,596.63 0.00 0.00 269.83 0.00 0.00 1,109.16 0.00 0.00 251.00 0.00 0.00 419.28 0.00 0.00 1,925.75 900,000.00 840,000.00 791,874.07 15,000.00 12,000.00 8,416.66 7,000.00 5,000.00 3,197.12 32,000.00 30,000.00 20,834.97 250,000.00 200,000.00 191,194.78 0 35,000.00 30,000.00 28,306.87 500.00 415.00 1,255.55 1,271,780.00 1,154,723.16 1,134,117.64 61,920.00 172,607.68 1,559,057.31 20,241,947.97 20,069,340.29 18,510,282.98 P20,303,867.97 F20,241,947.97 F20,069,340.29
pages: 608-613