prompt commitment of approved expenditure to reflect real-time management information system
To jump-start, College yearly budget process ahead of the budget calls to enable us to meet the deadline for budget submission.
To adopt the new State Government budget approach of medium Term Sector Strategy (MTSS) and Medium Term Expenditure framework for the budget process.
Quarterly budget appraisal to provide prompt and informed financial information that will guide the College, Faculties, and Department/Unit in their spending activities.
To prepare a quarterly budget appraisal and variance report to Management within a month after the quarter ended.
To respond promptly to reporting requirements from the State Government and other stakeholders.
Target
To Provide prompt and up to date financial and budgetary information to the entire College to aid informed decision at all levels.
