Thursday, November 22, 2012

SP approves 2013 City Budget


            During their regular session on November 7, 2013, the Sangguniang Panlungsod ng Tacurong approved Ordinance No. 11 Series of 2012 or An Ordinance Appropriating an Amount of 343, 531, 335 pesos for the Annual Budget of the City of Tacurong for Calendar Year 2013.  The ordinance was approved through the motion of Councilor Cirilo Y. Flores, seconded by all council members.
Of the approved amount, P150,137,227.00 will go to Personal Services that comprise employees’ salaries and wages, other benefits and allowances. This also includes the General Fund Adjustment and lump sum appropriation for the City’s 3rd class classification. Meanwhile, P83,949,684.00 was allotted for Maintenance and Other Operating Expense (MOOE) and P347,500.00 for property plant, and equipment. The amount of P22, 950,000.00 has been earmarked for other development projects and other needed services under the Locally Funded Projects.
Aside from a reserve fund amounting to P16,133,067.00 for Local Risk Reduction Management Program, the city government allotted 40 million pesos for 20 barangays taken from 20% Development Fund and Locally Funded. The said amount is evenly distributed with 2 million pesos for each barangay. This has been appropriated for infrastructure and development projects such as construction/concreting of roads, drainage canals, and box culverts. The 2-Million City Aid to Barangays is one of LGU-Tacurong’s innovations since 2002.
The City’s 2013 budget increased by at least 23 million pesos compared to this year’s budget of 320, 037,355 pesos.

Jezereel Louise C. Billano/Imelda Pamplona

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