AN ORDINANCE APPROVING THE ANNUAL MUNICIPAL BUDGET, INFRASTRUCTURE FUND FOR CALENDAR YEAR 1984 IN THE AMOUNT OF TWO HUNDRED NINETEEN THOUSAND TWO HUNDRED SEVENTY THREE AND FORTY ONE CENTAVOS (P219,273.41).

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

SECTION 1: The amount of Two Hundred Nineteen Thousand Two Hundred Three and Forty One Centavos (P219,273.41) is hereby appropriated for the Annual Municipal Budget, Infrastructure Fund for Calendar Year 1984.

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 Municipal Budget for Calendar Year 1984 had the following

INCOME

1. Balance beginning —————————— P 52,000.00
2. Specific Tax —————————— P 154,273.41
3. Highway Special Fund —————————— P 13,000.00

TOTAL —————————— P 219,273.41

EXPENDITURES

1. Personnel Services —————————– P 30,118.80
2. Maintenance & Operating Expenses—————– P 123.800.00
3. Capital Outlay —————————– P 61,000.00
4. 2% Budgetary Reserve —————————– P 3,085.47

TOTAL OBLIGATION —————————— P 218.004.27

5. Unappropriated Balance —————————– P 1,269.14

SECTION 4: This ordinance takes effect on January 1, 1984.

Approved – December 22, 1983.

After due deliberation

LET COPIES BE FURNISHED, the Provincial Budget Officer, Provincial Treasurer, City of Tagbilaran and the Municipal Treasurer, Maribojoc, Bohol thru the Municipal Budget Officer for their appropriate action.

Unanimously adopted.

PAULA RAAGAS VALLES
Municipal Mayor

ANTONIO GEPAYO
Member

PABLO BALUMA
Member

RESTITUTO BACAREZA
Member

MARTIN MONCANO
Member

JACINTO ECHAVIA
Member

EUSTAQUIO ARABEJO
Member

CONRADO REDULLA JR.
Member