AN ORDINANCE APPROVING THE ANNUAL BUDGET, GENERAL FUND FOR CALENDAR YEAR IN THE AMOUNT OF SEVEN HUNDRED FORTY TWO THOUSAND FIVE HUNDRED NINETY EIGHT PESOS AND TWENTY FOUR CENTAVOS (P742,598.24).

Be it ordained by the Municipal Sangguniang Bayan of Maribojoc, Bohol that:

SECTION 1: The amount of Seven Hundred forty Two Thousand Five Hundred Ninety Eight Pesos and Twenty Four Centavos (P742,598.24) is hereby appropriated for the Annual Municipal Budget, General Fund for CY 1987.

SECTION 2: That the proposed Annual Municipal Budget, General Fund has implemented Step 5, Circular 15 for officials.

SECTION 3: That the proposed Annual Budget, General Fund basing on Circular No. 11 has implemented also Step 7 for the rank and file employees with a very good performance and Step 6 for the rest of the rank and file employees.

SECTION 4: That after careful deliberation of the Annual Budget, General Fund CY 1987, the final adjustment and recapitulation are as follows.

RECAPITULATION

1987

01. Revenue from Taxation …………………….. P 453,438.24

02. Operating Miscellaneous …………………….. 204,160.00

03. Balance Beginning …………………….. 85,000.00

TOTAL AVAILABLE FOR APPROPRIATION……….. P 742,598.24

ESTIMATED EXPENDITURES

01. Office of the Mayor ……………………. P 112,239.50

02. Office of the Mun. Planning
And Development. Coord. ……………………. 25,857.50

03. Office of the Sangguniang Bayan ……………………. 94,729.42

04. Office of the Municipal Treasurer……………………. 193,586.00

05. Deputy Prov’l/Mun. Assessor ……………………. 28,983.00

06. Municipal Budget Officer ……………………. 26,229.50

07. Operation of Waterworks ……………………. 39,761.60

08. Operation of Market ……………………. 47,111.00

09. Circuit Court ……………………. 800.00

10. Government Aids ……………………. 159,630.37

11. 2% Budgetary Reserve ……………………. 13,151.96
TOTAL APPROPRIATION ……………. P 742,079.85
EXCESS………………………………….. P 518.39

SECTION 5: That this ordinance takes effect upon approval.

After due deliberation

Approved: October 2, 1986

Let copies be furnished, the Provincial Budget Officer, City of Tagbilaran thru the Municipal Budget Officer, Maribojoc, Bohol for their appropriate action.

PHILIP R. MEDEQUISO
OIC-Vice Mayor

ANTONIO GEPAYO
Member

MARTIN MONCANO
Member

RESTITUTO BACAREZA
Member

ABDON CORNITO SR
Member

EUSTAQUIO ARABEO
Member

JACINTO ECHAVIA
Member

EULALIO CASTILLON SR
Member

PEDRO MADAJE SR
Member

FLORENCIO GENTALLAN
Member

CONRADO REDULLA JR.
Member