A budget is primarily an estimated of the expenditures made necessary by the operations of the government. The establishment of budgetary systems in various countries has been of recent origin and its development influenced by the constitutional basis and governmental structure of those countries. The objective of this study is to discuss in one phase of public finance, namely, that which concerns the formulation, authorization, execution, and accountability of the financial plan of the government of the Commowealth of the Philippines - the budgetary system. A various methods or processes by which money is secured and applied to the support and maintenance of the government. But in every case, these methods or processes are conditioned by human circumstances, in which political ideals, governmental structures, economic conditions, and social policies are the fundamental considerations.