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Reformed Budget Law In The Field Of Education, To Include $ 1, 900,000.00

Original Language Title: REFÓRMASE LA LEY DE PRESUPUESTO EN EL RAMO DE EDUCACIÓN, PARA INCORPORAR $1, 900,000.00

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LEGISLATTIVE ASSEMBLY - REPUBLIC _____________________________________________________________________________________

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DECEMBER No. 548

THE LEGISLATIVE ASSEMBLY OF THE REPUBLIC OF THE SALVADOR,

CONSIDERING:

I.- As a result of the remaining financial resources of the former Education Credit Guarantee Fund, there is now a available balance, after the final liquidation balance has been approved, the Dissolution and Liquidation of the Fund for the Guarantee for the Educational Credit, by Legislative Decree No. 106 of 21 September 2006, published in Official Gazette No. 193, Volume No. 373, of 17 October 2006.

II.- That the balance available to the date referred to in the previous consideration amounts to the sum of US$1,900,000.00, after approved the final liquidation balance of the Fund aludite.

III.- That there is a need to reorient the remaining resources of the Education Credit Guarantee Fund to partially finance the current deficit of the University of El Salvador to cover its operating expenses during the last quarter of the fiscal year 2013.

IV.- That for the purpose that the Education Ram may use the available balance of the remaining financial resources of the Education Credit Guarantee Fund, to support the institutional management of the University of El Salvador, it is necessary to modify the Income and Expenditures of the current Budget Law of 2013, voted by Legislative Decree No. 182, dated November 8, 2012, published in Official Gazette No. 228, Volume No. 397, of 5

TANTO,

in the use of its constitutional powers and at the initiative of the President of the Republic, through the Minister of Finance,

RIGHT:

Art. 1.- In the current Budget Act, Section A General State Budget, incorporate the following modifications:

A) In section II-INNERS, Book 15 Financial Income and Others, Account 157 Other Unclassified Income, create the specific source 15799 Diverse Income, with the amount of A MILLION NOVECIENTS MILLION OF THE UNITED STATES OF AMERICA (US$1,900,000.00).

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B) In subsection III-GASTOS, in the portion of the Education Ram, verbatim B. Resource Allocation, numeral 4. Budget allocation by Rubro de Agrupación, Fuente de Financiamiento y Destination Económico, increase the following allocation:

3100 EDUCATION RAM

4. Budget allocation by Rubro de Agrupación, Fuente de Financiamiento y Destination Económico

Budget and Budgeting Unit Labour Line 56

Current Transfers Current Expenditures

07 Support to Applicable Institutions and Other Entities

2013-3100-3-07-01-21-1 General Fund Universidad de El Salvador

1,900,000

1,900,000

1,900,000

1,900,000

Total 1.900,000 1.900,000

C) In section B of SPECIAL BUDGET, B.1- DISCENTRALIZED INSTITUTIONS NOT EMPRESARY, Sub-paragraph II-GASTOS, the specific source of income and the allocation of expenditure indicated, with the following amount:

3101 UNIVERSITY OF THE SALVADOR

B. INCOME

Income Currents 16 Current Transfers 162 Current Public Sector Transfers 1623100 Education Ram 1,900,000

C. RESOURCES ASIGNATION

4. Budget allocation by Rubro de Agrupación, Fuente de Financiamiento y Destination Económico

Budget and Budgeting Unit Labour Line

54 Property and Services Procurement

Current costs

01 Institutional Management and Administration

2013-3101-3-01-21-1 General Fund

1,900,000

1,900,000

1,900,000

1,900,000

Total 1.900,000 1.900,000

Art. 2.- This Decree shall enter into force on the day of its publication in the Official Gazette.

DADO en el SALON AZUL del PALACIO LEGISLATIVE. San Salvador, on the fourteenth day of November of the year two thousand thirteen.

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OTHON SIGFRIDO MORALES, PRESIDENT.

ENRIQUE ALBERTO LUIS VALDEZ SOTO, GUILLERMO ANTONIO GALLEGOS NAVARRETE, FIRST VICEPRESIDENT. SECOND VICEPRESIDENT.

JOSE FRANCISCO MERINO LOPEZ, FRANCISCO ROBERTO LORENZANA DURAN, TERCER VICEPRESIDENT. VICEPRESIDENT FOURTH.

CARLOS ARMANDO REYES RAMOS, QUINTO VICEPRESIDENT.

LORENA GUADALUPE PEÑA MENDOZA, MANUEL VICENTE MENJIVAR ESQUIVEL, FIRST SECRETARIAT. SECOND SECRETARY.

SANDRA MARLENE SALGADO GARCIA, JOSE RAFAEL MACHUCA ZELAYA, TERCERA SECRETARIA. SECRETARY FOURTH.

IRMA LOURDES PALACIOS VASQUEZ, ERNESTO ANGULO MILLA, QUINTA SECRETARIA. SECRETARY SIX.

FRANCISCO JOSE ZABLAH SAFIE, JOSE SERAFIN ORANTES RODRIGUEZ, SEPTIMO SECRETARIO. OCTAVO SECRETARY.

CASA PRESIDENCIAL: San Salvador, at the nineteenth day of November of the year two thousand thirteen.

PUBLIQUESE,

Carlos Mauricio Funes Cartagena, President of the Republic.

Juan Ramón Carlos Enrique Cáceres Chávez, Minister of Finance.

D. O. No. 217 Volume No. 401 Date: November 20, 2013

FNM/geg 16-12-2013

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