SP Approves P305,462,976.00 Budget For Maasin City

Jan. 30,2010
SP Approves P305, 462,976.00 Budgets For Maasin City
By Quirico M. Gorpido,Jr.

Maasin City, Southern Leyte-The Sangguniang Panglunsod of the City of Maasin has approved during their recent session its annual budget for the current year 2010 to the tune of P305, 462,976.00.
Another budget being approved was in the amount of P15, 253,839.86 for economic enterprise of the city government. This kind of business covers the operations of the old and new public market, bus terminal and slaughterhouse.
The documents showed that the sources of the general fund for this year’s budget were from interest income and tax revenue collected by the city government offices during the previous year.
The total incomes of the two kinds of collections were equal to the budget allocated by the members of the City Board .It was likewise approved by Mayor Maloney Samaco.
The same went true also to the sources of funds for the economic enterprise annual budget for the small city, which were the market, bus terminal and slaughterhouse operations.
According to the records the P305M plus budget will be used for the city government’s various and miscellaneous operations for the whole year. It was divided into 2 mass groups. Like personal services which constitute 22 specific items and the special purpose appropriation that has a total of 30 items.
Its personal services have a total budget of P34, 966,725.69.Five of these kind of services have the bigger funds compared to the rest of the 18 others.1) Traveling expenses for officials and heads of city hall offices-
P7,350,000.00; 2)Life/Insurance Retirement contribiutions-P7,343,568.00; 3)Gasoline, Oil and Lubricants expenses-P3,450,000.00; 4)Office Supplies expenses-P3,040,000.00; 5)Electricity expenses-P3,030,000.00.
On the other hand, its special purpose appropriation has covered a total of 30 items. The total amount of budget for the city government’s second group of services/appropriation is P152,496,250.31.Of these numbers, 5 have bigger funds.1)20% Economic Development Fund-P54,341,671.20; 2)Bank Loan Amortization for 2009-P28M; 3)5% calamity fulnd-P15,387,290.30; 4)City Priority Projects-P10,053,362.95; 5)Budgetary support for Maasin City College-P5M.
Among them are PHILHEATH program for indigents,Maasin City Investment, Tourism and Promotion Progam;MC Peoples Law Enforcement Board, city counterparts for barangay priority projects, employees incentives award system, aid to barangay Day Care Program, aid to the office of the senior citizens program, aid to various entities, aid to barangay development funds, counterpart for nutrition program,Maasin anti-drug program,lumpsum appropriation for drugs and medicines; Regional Drug and Rehabilitation Center, others.(Quirico M. Gorpido,Jr.)