AN ORDINANCE AMENDING THE MUNICIPAL ORDINANCE NO. 538, SERIES OF 1992 AND APPROPRIATING THE AMOUNT OF NINETY THREE THOUSAND EIGHT HUNDRED FIFTY PESOS ( P 93,850.00 ) AS A SUPPLEMENTAL BUDGET NO. 1, CY 1992 OUT OF THE SURPLUS OF THE GENERAL FUND IN THE MUNICIPALITY OF MARIBOJOC, BOHOL.

Sponsored by: Hon. Isidro P. Mirontos, Sr.

Be it ordained by the Sangguniang Bayan of Maribojoc, Bohol, to wit;

Sec. 1 – That the Municipal Ordinance No. 538, series of 1992, in the Supplemental Budget of 1992 in the amount of Two Hundred Fifty Seven Thousand Two Hundred Sixty Six Pesos and Sixty Eight Centavos ( P 257, 266.68 ) in the Municipality of Maribojoc is hereby amended into an Ordinance Amending the Municipal Ordinance No. 550 series of 1992 and appropriating the amount Ninety Three Thousand Eight Hundred Fifty Pesos (P93,850.00) as the Supplemental Budget No. 1, CY 1992 in the Municipality of Maribojoc, Bohol.

Sec. 2 – Hereunder is the Recapitulation of the items budgeted, to wit:

Underestimated Income : ( Excess Income )

Tax on Fishing Vessels . . . . . . . . . . . P 1, 950.00

Community Tax . . . . . . . . . . . . . . . . 9,900.00

Miscellaneous . . . . . . . . . . . . . . . . . 64,500.00

Police Clearance . . . . . . . . . . . . . . . 500.00

Mayor’s Permit Fees . . . . . . . . . . . . 5,500.00

Other Business Operations . . . . . . . 11,500.00. . . . P 93,850.00

Expenditures :

Terminal Leave for SB Members . . . P 31,176.60

Cash Gift . . . . . . . . . . . . . . . . . . . . . . 28,000.00

Life & Retirement – SB Members . . 25,478.14

Medicare . . . . . . . . . . . . . . . . . . . . . . 1,687.50

State Insurance . . . . . . . . . . . . . . . . . . 2,681.91. . .P 89,024.15

Unappropriated Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . P 4,825.85

Sec. 3 – That this appropriation ordinance shall take effect upon approval.

Approved : November 9, 1992

LET copies be furnished the Sangguniang Panlalawigan thru the Office of the Provincial Budget Officer, City of Tagbilaran for their kind consideration and approval.

Unanimously adopted.

CERTIFIED CORRECT:

PHILIP R. MEDEQUISO
Vice Mayor
Presiding Officer

ATTESTED:

ALBERTO E. ARANGOSO
Municipal Secretary