APPROPRIATING THE AMOUNT OF P366,799.73 OUT OF THE UNAPPROPRIATED SURPLUS OF THE GENERAL FUND, C.Y. 1999 FOR THE MONETIZATION OF LEAVE CREDITS OF THE MUNICIPAL OFFICIALS AND EMPLOYEES IN THE SUPPLEMENTAL BUDGET, C,Y, 2000 IN THE MUNICIPALITY OF MARIBOJOC, BOHOL.
Sponsored by: Mass Motion
BE IT ORDAINED by the Sangguniang Bayan of Maribojoc, Bohol, that:
SECTION 1: APPROPRIATION AND SOURCE: The amount of P366,799.73 is hereby appropriated out of the unappropriated surplus of the General Fund, C.Y. 1999 for the monetization of leave credits of the Municipal Officials and Employees.
SECTION 2: PURPOSE: The appropriation measures is for the monetization of leave credits of the Municipal Officials and employees in the Municipality of Maribojoc, Bohol for C.Y. 2000 in the following scheme, to wit:
For the Municipal Officials:
a.) 15 days to be monetized
For Rank & File Employees:
a.) 30 days to be monetized
SECTION 3: REQUESTING PARTY: The appropriation ordinance was requested by the Municipal Officials and employees of LGU-Maribojoc, Bohol.
SECTION 4: SPONSORSHIP AND DELIBERATION: This appropriation ordinance was sponsored by Mass Motion by the Sangguniang Bayan Members in their session duly assembled.
SECTION 5: EFFECTIVITY: This ordinance shall take effect upon approval.
Approved: September 11, 2000
Let copies be furnished the Sangguniang Panlalawigan of Bohol thru the Provincial Budget Office, Tagbilaran City for appropriate action.
I HEREBY CERTIFY TO THE CORRECTNESS OF THE ABOVE QUOTED ORDINANCE:
HON. NOEL D. VELOSO
ALBERTO E. ARANGOSO
ENGR. GABINO C. REDULLA
Date signed: September 18, 2000