|Public Service Obligation|
Public Service Obligation
PSO—subsidising state enterprise public services.
Application for acquisition of public service subsidy must follow the Order of the Prime Minister Office on supporting fund for public service obligation by state enterprise, B.E. 2551. The application is valid only for action plans/projects that commence in 2010.
1. Steps and Time Frame for Procedural Performance under the Order of the Prime Minister Office on Subsidy
1.1. A state enterprise shall submit a PSO proposal attached with accounting systems which separate commercial operations from public services. Each account should consist of the balance sheet, profit and loss, and cashflow statement which require approval from the line ministry for further submission to the attention of the PSO committee. The proposal must be submitted within 10 months prior to the beginning of the budget year (by November), otherwise it has to be re-submitted at the following budget year.
1.2. The PSO subcommittee shall consider the proposals and the amount of PSO prior to submission to the PSO committee which shall give its observation to the finance minister who shall bring it up for the cabinet’s approval.
1.3. The state enterprise shall develop budgeting details for the subsidy approved by the cabinet with annual expenditures according to the required procedure.
1.4. The PSO committee shall prepare a Memorandum of Understanding (MOU) with the respective state enterprise prior to budget allocation.
1.5. The state enterprise shall prepare the PSO performance report as regulated by the committee as follows:
- A six-month performance report shall be submitted within 30 days to the line ministry for further approval by the PSO committee after the Office of the Auditor General has completed the required review.
- An annual performance report shall be submitted within 45 days to the line ministry for further approval by the PSO committee after the approval of the Office of the Auditor General.
2. Developing PSO Proposals
State enterprises shall prepare proposals on PSO subsidy covering the following details:
2.1. Characteristics of products or services and PSO demand
3.1. A state enterprise applying for PSO subsidy shall prepare two accounting systems; on commercial operations and on public service operations, respectively. Each account shall contain items of balance sheets, profit and loss, and cashflow statement as follows:
1. Incomes from public service comprising:
• Direct income from PSO = service fees per unit (as set by the state) multiplied by units of public service provided
2. PSO providing expenditure comprising:
• Direct and specifically identified expenditure of PSO providing,
3. Assets and liability of commercial and public service operations comprise the followings:
• Assets and liability for PSO providing are those specifically identified and of allocated budgeting value,
3.2. Calculation of PSO providing cost shall be based upon the avoidable costing criteria only for those supporting PSO projects in comparison with the standard cost of business operation. If the standard cost is considered inappropriate the respective state enterprise may base upon comparison with the average PSO costing of the last five years.
4. MOU for PSO
5. The Format of PSO Performance Report
A state enterprise shall prepare a PSO performance report with following details:
|Written by ผู้ดูแลระบบ ศูนย์เทคโนโลยีสารสนเทศ|
|Tuesday, 31 July 2012 14:10|