Article 10 β€” Budgeting, Procurement & Controls

Budgeting

  • Financial Management Committee drafts annual budget and rate computation; Board approves; members are briefed.

Procurement

  • 3‑quote rule above [₱ threshold]; emergency purchases allowed with President + Treasurer sign‑off; post‑facto Board ratification required.

Controls

  • Dual signatories on checks/online transfers; no cash disbursement over [₱ cap]; petty cash replenishment with vouchers.

  • Fidelity bonds for cash‑handling officers; access controls to accounting system and bank tokens.


Finance Desk / Payments: finance@pethoa.com

Bank: Queenbank • Acct Name: Parkview Executive Townhomes Homeowners Association • Acct No.: 005 01-01883-2 • Branch: Biak na Bato, Naga

GCash: 09925888482 – Francis Jonee Dy

Treasurer: Armin Lita 

Inspection of Records: Request with the Secretary; viewing at the HOA office [days/hours].

Emergency (Security): 09542306798 (Guard on duty); WhatsApp: https://chat.whatsapp.com/FItssJg1x5kIx9Re4Va2xW

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