AN ORDINANCE APPROVING THE ANNUAL MUNICIPAL BUDGET, INFRASTRUCTURE FUND FOR CY 1987 IN THE AMOUNT OF ONE HUNDRED FIFTY THOUSAND FIVE HUNDRED THIRTY TWO PESOS (P150,532.00).

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

SECTION 1: The amount of One Hundred Fifty Thousand Five Hundred Thirty Two Pesos (P150,532.00) is hereby appropriated for the Annual Municipal Budget, Infrastructure Fund for CY 1987.

SECTION 2: That it is imperative to have a budget for all the monies received from the National Government for the different projects of the municipality.

SECTION 3: That after a final and complete study, the Annual Infrastructure Fund Budget for CY 1987 had the following:

RECAPITULATION

1987

01. Revenue from Taxation …………………….. P 115,532.00

02. Operating & Miscellaneous …………………….. 13,000.00
Revenue
03. Balance Beginning …………………….. 22,000.00

TOTAL APPROPRIATION …………………….. P 150,532.00

ESTIMATED EXPENDITURES

01. Maintenance of Public Utilities ……………………. P 11,111.32

02. Street Lightings ……………………. 102,000.00

03. Maintenance of Plaza ……………………. 20,289.68

04. Municipal Roads ……………………. 13,000.00

05. Reserve ……………………. 3,345.46

TOTAL APPROPRIATION ……………………. P 149,746.46

EXCESS………………………………….. P 785.54

SECTION 5: This ordinance takes effect upon approval.

Approved: October 15, 1986

After due deliberation

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

Unanimously adopted.

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