A Policy Research for an Effective Annual Budget Preparation of the Local Government Unit in Paracale, Camarines Norte

This policy research examines the annual budget preparation process of the Local Government Unit (LGU) in Paracale, Camarines Norte, focusing on the fiscal years 2021 to 2023. The study utilizes a qualitative approach, incorporating unstructured interviews and a descriptive-evaluative methodology to understand the existing process, identify challenges, and propose solutions to enhance efficiency and effectiveness. Key findings highlight delays caused by external factors like late NTA share releases and internal challenges such as manpower shortages and insufficient information dissemination on priority programs. Recommendations include increasing budget allocation for personnel, implementing an eBudget system, and conducting regular refresher courses for budget personnel. The research aims to contribute to the development of a more responsive, efficient, and transparent budget preparation process in Paracale, fostering economic growth and improved public service delivery.