Read the untranslated law here: http://www.asamblea.gob.sv/eparlamento/indice-legislativo/buscador-de-documentos-legislativos/reformase-la-ley-de-presupuesto-en-el-ramo-de-educacion-para-incorporar-1-900-000.00/archivo_documento_legislativo
DECREE No. 548 THE LEGISLATURE OF THE REPUBLIC OF EL SALVADOR, CONSIDERING
I.- product of the remaining financial resources of the former Guarantee Fund for Credit education, to date there is an available balance after approved the final liquidation balance sheet, having been issued to effect the Law of Dissolution and liquidation of the Guarantee Fund for educational Credit, by Legislative Decree No. 106, dated September 21 2006, published in the Official Gazette No. 193, Volume No. 373, of October 17 of that year.
II.- That the available balance date referred to in the previous paragraph, amounts to $ 1,900,000.00 US, after approval of the final liquidation balance of the aforementioned Fund.
III.- That it is necessary to reorient the fate of the remaining resources of the Guarantee Fund for Educational Credit, to partially finance the current deficit that the University of El Salvador, to cover their operating costs during the last quarter of
fiscal year 2013. IV.- that in order that the bouquet of Education can use the available balance of funds remaining from the Guarantee Fund for Educational Credit to support the governance of the University of El Salvador it becomes necessary to modify the revenue and expenditure of the current Law on Budget of 2013, passed by Legislative Decree No. 182, dated November 8, 2012, published in the Official Gazette No. 228, Volume No. 397, 5 December of the same year, in order to incorporate the remaining resources in the amount of oNE MILLION NINE HUNDRED THOUSAND DOLLARS oF tHE UNITED STATES oF AMERICA (US $ 1,900,000.00).
in exercise of its constitutional powers and initiative of the President of the Republic, through the Minister of Finance, DECREES
Art. 1. In the Budget Law in force, section- A General State Budget, incorpóranse the changes indicated below:
A) in paragraph II- INCOME, Item 15 Interest Income and Other, Account 157 Other Income not classified, the specific source increméntase 15799 Miscellaneous Income, with the amount of ONE MILLION NINE HUNDRED THOUSAND DOLLARS oF tHE UNITED STATES oF AMERICA (US $ 1,900,000.00).
B) In the III- expenses, the share of the Branch of Education, literal B. Resource Allocation, paragraph 4. Budget Allocation Heading Grouping, Source of Funding and Economic Destination paragraph, increases the allocation set forth below as follows:
BOUQUET oF EDUCATION 4. Budget Allocation by Category Grouping, Funding Source and Destination
Budget Unit Economic and Budgetary Line Encryption Working Current Transfers 56 Current Expenses
07 Support for Affiliated Institutions and Other Entities
2013-3100- General Fund 3-07-01-21-1 University of El Salvador
1,900,000 1,900,000 1,900,000 1,900,000 Total
C) in the part corresponding to Section B SPECIAL BUDGETS, B.1 devolved institutions do not EMPRESARIALES, Section II-eXPENSES, increméntase the specific source of revenue and expenditure allocation indicated, with the amount stated below:
3101 UNIVERSITY oF EL SALVADOR | || B. REVENUE
16 Current Income Current Transfers Current Transfers 162 Public Sector Education 1,623,100 1,900,000 Ramo
4. Budget Allocation Heading Grouping, Funding Source and Destination
Budget Unit Economic and Budgetary Line Encryption Working
54 Procurement of Goods and Services
01 Current Expenditure Management and Institutional Administration || | 2013-3101-3-01-01-21-1 General Fund
Senior Management 1,900,000 1,900,000
1,900,000 1,900,000 1,900,000 1,900,000 Total
Art. 2. This Decree shall enter into force from the day of its publication in the Official Journal.
GIVEN IN THE BLUE ROOM OF THE LEGISLATIVE PALACE. San Salvador, on the fourteenth day of the month November in the year two thousand and thirteen.
OTHON Sigfrido Reyes Morales, president.
LUIS VALDEZ ENRIQUE ALBERTO SOTO, GUILLERMO ANTONIO NAVARRETE GALLEGOS, FIRST VICE. SECOND VICE PRESIDENT.
MERINO JOSE FRANCISCO LOPEZ, FRANCISCO ROBERTO DURAN LORENZANA, THIRD VICE. FOURTH VICE.
CARLOS ARMANDO REYES RAMOS, FIFTH VICE.
PEÑA LORENA GUADALUPE MENDOZA, MENJIVAR VICENTE MANUEL ESQUIVEL, First Secretary. Second Secretary.
SALGADO SANDRA MARLENE GARCIA, JOSE RAFAEL MACHUCA Zelaya, Third Secretary. Fourth secretary.
IRMA VASQUEZ PALACIOS LOURDES, ERNESTO ANTONIO ANGULO MILE, QUINTA Secretariat. SIXTH SECRETARY. JOSE FRANCISCO
ZABLAH SAFIE, ORANTES SERAFIN JOSE RODRIGUEZ, seventh Secretary. EIGHTH SECRETARY.
PRESIDENTIAL HOUSE: San Salvador, on the nineteenth day of November in the year two thousand and thirteen.
Published, Carlos Mauricio Funes Cartagena
, President of the Republic.
Juan Ramon Caceres Carlos Enrique Chavez, Minister of Finance.
Tomo OJ No. 217 No. 401 Date: November 20, 2013
FNM / geg 12/16/2013
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