Programme Monitoring & Implementation Unit, Punjab Education Sector Reform Programme (PMIU-PESRP) Lahore has issued the official notification letter to all the Chief Executive Officers, District Education Authority, and District Education Officers (Secondary); Attock, Bahawalnagar, Bahawalpur, Bhakkar, Chakwal, Chiniot, Faisalabad, Gujranwala, Gujrat., Hafizabad, Jhang, Jhelum, Kasur, Khanewal, Khushab, Lahore, Layyah, Lodhran, Mandi Baha Ud Din, Multan, Muzaffargarh, Nankana Sahib, Narowal, Okara, Pakpattan, Rahim yar Khan, Rajanpur, Rawalpindi, Sahiwal, Sargodha, Sheikhupura,Sialkot, T.T.Singh and Vehari on 3 December, 2019 in connection with allocation of NSB Funds for primary, elementary, high and higher Secondary Schools in 34 Districts for 2nd Quarter FY 2019-20.
Finance Department has released NSB funds amounting to Rs. 3.225 billion for 2nd quarter of FY 2019-20 vide order No. SO (SNE) PMIU/2019 (NSB) dated 2nd December 2019 for Primary, Elementary, High and Higher Secondary schools. These funds have been transferred into Special Drawing Accounts (SDAs) jointly operated by Chief Executive Officer, District Education Authority and District Education Officer (Secondary) in the districts, for further disbursement to respective schools.
List of School-Specific NSB funds entitlements for Primary, Elementary, High and Higher Secondary schools of your respective districts has already been emailed are attached herewith as Annex-A.
For further allocation and transfer of funds by districts to schools and execution of NSB funds by Schools following guidelines are issued:
a). District Education Authorities are being provided with the school-specific need based NSB funds over and above their PFC share, as a conditional grant, which cannot be used for any other purpose.
b). NSB Funds for all functional Primary, Elementary, High and Higher Secondary schools have been transferred into Special Drawing Accounts (SDAs) of DEAs for NSB for FY 2019-20. The CEOs of DEAs are required to transfer the NSB funds immediately to the respective bank accounts of school councils as their entitlements.
c). Chief Executive Officers, District Education Authorities are required to ensure that every School Council already has exclusive bank account for these funds. Head teacher and Co-chairperson of the school council will be the co- signatories of the NSB bank account. The school council NSB account can only be opened in the name of school.
d). District Education Authorities are requested to notify the entitlement list of Primary / Elementary / High / Higher Secondary schools as an Annexure of their respective district budget for FY 2019-20.
e). All NSB funds provided to schools shall be subject to audit by Auditor General of Pakistan.
NSB program is an important initiative of the Government of Punjab, CEOs (DEAs)are requested to immediately disburse NSB funds to all schools and certificate of transfer of NSB funds should be submitted to PMIU-PESRP within two weeks.
CEOs (DEA)are also advised to direct concerned Dy. DEOs and AEOs to ensure effective and efficient monitoring and utilization of these funds.