METROPOLITAN Manila Development Authority (MMDA) Chairman Francis Tolentino has announced several fiscal policies the agency will implement to ensure that the MMDA will remain productive and relevant in spite of the expected budget cuts next year.

During a meeting with MMDA officials, Tolentino ordered the finance department to submit cash inventory report daily so he could personally monitor the expense and revenue stream of the agency.

“These are necessary measures that we have to do in the face of this budget cut. We are assuring the public that we will continue to sustain our services and programs,” Tolentino said.

Congress has cut the MMDA’s operational budget for 2011 from the previous P2.076 billion to just P981 million.

Tolentino also required agency officials to submit regular personnel schedule, which indicates, among others, employee assignments in certain pending projects and its expected completion.

This is to allow the agency to closely monitor its current manpower resources, according to Tolentino.

The MMDA chief also tasked the concerned offices of the agency to submit their respective functional report where their current plans, projects, and programs are detailed.

“Through this report, we will be able to see how many people are assigned to a particular job, the duration of their assignments, project timelines and starting and ending dates for such plans, programs, and activities,” Tolentino explained.

Tolentino said he is confident that in spite of the reduction of the MMDA’s budget, the agency will continue to function more effectively.

“We will even do better because we will closely evaluate and monitor our plans and projects to ensure that only those with higher value will be implemented,” he added.