APPROPRIATING THE AMOUNT OF P261,000.00 OUT OF THE UNAPROPRIATED SURPLUS OF THE GENERAL FUND, C.Y. 2000 FOR THE FIVE PERCENT (5%) INCREASE OF SALARIES AND WAGES OF THE MUNICIPAL OFFICIALS AND EMPLOYEES OF THE LGU-MARIBOJOC, BOHOL PURSUANT TO THE LOCAL BUDGET CIRCULAR NO. 74 DATED JUNE 15, 2001 ISSUED BY THE DEPARTMENT OF BUDGET AND MANAGEMENT.

Sponsored by: Mass Motion

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

SECTION 1 : Appropriation and Source: The amount of Two hundred sixty one thousand pesos (P261,000.00) out of the unappropriated surplus of the General Fund, C.Y. 2000 is appropriated as Supplemental Budget C.Y. 2001 in the Municipality of Maribojoc, Bohol

SECTION 2 : Purpose: The amount of Two hundred sixty one thousand pesos (P261,000.00) is hereby appropriated for the five percent (5%) increase of salaries and wages of the Municipal Officials and Employees of the LGU-Maribojoc, Bohol pursuant to the Local Budget Circular No. 74, dated June 15, 2001 issued by the Department of Budget and Management.

a.) That the appropriated amount will be for the basic salary, life and retirement, Medicare, pag-ibig, extra hazzard pay and year end bonus of the officials and employees.

b.) That the casual employees will be allotted of P6.00 per day of wage adjustment of their present salary.

SECTION 3 : Sponsorship and Deliberation: This appropriation ordinance was sponsored on mass motion by the members of the Sangguniang Bayan present and was deliberated during the regular session duly assembled by the Sangguniang Bayan.

SECTION 4 : Effectivity: This appropriation ordinance is retroactive on July 1, 2001 as the effectivity date of its implementation.

Approved: August 27, 2001

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

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

(Sgd.) HON. CESAR G. CAMPOS
Acting Presiding Officer
SB Member

ATTESTED:

(Sgd.) ALBERTO E. ARANGOSO
SB Secretary

APPROVED:

(Sgd.) ENGR. GABINO C. REDULLA
Municipal Mayor
Date signed: August 29, 2001

A true copy from the original:

ALBERTO E. ARANGOSO
Mun./SB Secretary