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Topic 2

The document discusses government expenditures, which are essential for fulfilling governmental functions and promoting public welfare. It categorizes expenditures into operating costs, capital outlays, social services, economic services, debt servicing, defense, and local government transfers. The conclusion emphasizes the importance of these expenditures in national development and citizen well-being.

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31 views1 page

Topic 2

The document discusses government expenditures, which are essential for fulfilling governmental functions and promoting public welfare. It categorizes expenditures into operating costs, capital outlays, social services, economic services, debt servicing, defense, and local government transfers. The conclusion emphasizes the importance of these expenditures in national development and citizen well-being.

Uploaded by

Ruvie Arcillas
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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TOPIC NO.

2
BUKIDNON STATE UNIVERSITY
QUEZON CAMPUS
POBLACION, QUEZON, BUKIDNON
Email: quezon_campus@[Link]

BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION


Major in FINANCIAL MANAGEMENT
SUBJECT: FMPrElec 5- Public Finance
1st Semester of A.Y. 2025-2026

Topic 2: Expenditures of the Government


Concept Note/ Discussion

Introduction
Government expenditures refer to the spending by the government to fulfill its functions and responsibilities. These
expenses cover a wide range of services and sectors aimed at promoting public welfare, national development, and
economic stability.
Major Categories of Government Expenditures
1. Operating Expenditures
• Salaries and wages of government employees
• Maintenance and operations of public institutions
• Office supplies, utilities, and administrative costs
2. Capital Outlays
• Infrastructure projects (roads, bridges, schools, hospitals)
• Purchase of equipment and vehicles
FMPrElec 5- Public Finance

• Construction and improvement of government facilities


3. Social Services
• Education
• Health services
• Social welfare programs
• Housing and community development
4. Economic Services
• Agriculture and agrarian reform
• Trade and industry support
• Transportation and communication systems
• Energy and environmental management
5. Debt Servicing
• Payment of interest on domestic and foreign debt
• Repayment of principal amounts borrowed
6. Defense and Public Order
• National defense and military expenditures
• Police and fire protection services
• Correctional facilities and judicial services
7. Local Government Transfers
• Internal Revenue Allotment (IRA) to local government units
• Support for barangays, municipalities, cities, and provinces

Conclusion
Government expenditures are crucial for national development and ensuring the well-being of its citizens. They
reflect the government's priorities and commitments in various sectors of society.

References
• Department of Budget and Management (DBM), Philippines
[Link]
• Commission on Audit (COA), Philippines
[Link]
• Bureau of the Treasury (BTr), Philippines
[Link]

RICH FIELD M. HELARIO, LPT, MBM

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