(3) Formulate annual projections of revenue needs, cash position, and borrowing capacity of the Autonomous Regional Government; (4) Assist the Office of the Regional Governor in preparing the budgetary proposals of all offices, bureaus and departments of the Autonomous Regional Government for submission to and enactment by the Regional Assembly; (5) Maintain accounts of the financial transactions of all departments, bureaus, and offices of the Autonomous Regional Government; (6) Manage the cash resources of the Autonomous Regional Government and performs banking functions in relation to receipts and disbursements of regional funds; (7) Adopt implementing strategies for efficient collection of regional revenues, taxes, fees and charges; (8) Conduct research and formulate plan for the creation of revenue sources and submit the same for enactment by the Regional Assembly; (9) Certify as to the availability of funds and/or expected funding sources and income estimates for pending Regional Assembly legislative bills requiring special appropriations; (10) Certify as to the availability of funds or expected funding sources for offices that shall be established through an executive order; (11) Release directly, in a prescribed and authenticated format, to the offices, bureaus, departments and agencies of the Autonomous Regional Government their respective funding in accordance with the approved Regional General Appropriations Act; (12) In accordance with RA 9054 and regional laws and procedures, determine and directly release to local governments units their respective share in the internal revenue collections and other incomes they may be entitled to share from; (13) Manage, controls and service public debts from domestic or foreign sources; (14) Undertake all possible measures to see to it that all funds in the Regional Treasury shall be released or transferred in accordance with regional appropriation law; (15) Undertake and supervise activities related to the negotiation, servicing, and restructuring of debts of the Autonomous Regional Government, as may be authorized by the Regional Governor; (16) Monitor, gather and evaluate reports on financial and economic activities of persons or entities, foreign and domestic, which may adversely affect regional financial interests; and 195

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