The study determined the utilization of the fund use of Income Generating Projects of the Surigao del Sur State University Tandag Campus relating the fiscal governance in improvement of the quality of education. A survey was conducted to among the internal stakeholders to extract perception of the effectiveness of the utilization of the fund. Results of the study showed that the earning projects among the income generating projects of the University are in the areas of selling commercial rice, grocery store, supplies for ROTC/CWTS, and livelihood assistance program. The income from the enterprise is being used to instructional development. Further, a test in perceived utilization of IGP funds has no statistical difference among the administrators, faculty, staff and students indicating a general sense of acceptability of the fiscal governance of the income generating project of the institution.