APPROPRIATING THE AMOUNT OF P612,000.00 OUT OF THE UNAPPROPRIATED GENERAL FUND SURPLUS, C.Y. 2005 FOR ADDITIONAL COMPENSATION OF THE REGULAR OFFICIALS AND EMPLOYEES OF LGU-MARIBOJOC, BOHOL PURSUANT TO DBM BUDGET CIRCULAR NO. 2006-2 ISSUED BY THE SECRETARY OF BUDGET AND MANAGEMENT AS AUTHORIZED UNDER ADMINISTRATIVE ORDER NO. 144, DATED FEBRUARY 28, 2006 ISSUED BY THE PRESIDENT OF THE PHILIPPINES.

Authored by: Kag. Alberto E. Arangoso
Sponsored by: MASS MOTION

BE IT ORDAINED by the Sangguniang Bayan of Maribojoc, Bohol, that:

SECTION 1: Appropriation and Source.- The amount of P612.000.00 out of the unappropriated General fund surplus, C.Y. 2005 is hereby appropriated.

SECTION 2: Purpose.- The amount of P612,000.00 is hereby appropriated for the additional compensation of the regular officials and employees of LGU-Maribojoc, Bohol.

SECTION 3: The amount of P1,000.00 per month shall be received by every regular official and employee pursuant to DBM Budget Circular No. 2006-2 issued by the Secretary of Budget and Management as authorized under Administrative Order No. 144, dated February 28, 2006 issued by the President of the Philippines

SECTION 4: Sponsorship and Deliberation.- This appropriation ordinance was sponsored and deliberated by all SB Members present in their session duly assembled.

SECTION 5: Effectivity.- This ordinance shall take effect on March 15, 2006 and retroactive on January 1, 2006 the year thereafter.

Approved: March 3, 2006

Let copies be furnished the Sangguniang Panlalawigan of Bohol through the Provincial Budget Office, Tagbilaran City for consideration and approval.

I HEREBY CERTIFY TO THE CORRECTNESS
OF THE ABOVE QUOTED ORDINANCE:

PHILIP R. MEDEQUISO
Municipal Vice Mayor

ATTESTED:

ERLINDA V. CASTILLON
Acting Secretary to the Sanggunian

APPROVED:

ENGR. GABINO C. REDULLA
Municipal Mayor
Date signed: February 28, 2006