AN ORDINANCE APPROPRIATING THE AMOUNT OF THREE HUNDRED THREE THOUSAND PESOS (P303,000.00) AS ANNIVERSARY BONUS AND LOYALTY AWARD FOR MARIBOJOC OFFICIALS AND RANK & FILE EMPLOYEES IN THE MUNICIPALITY OF MARIBOJOC, BOHOL AS SUPPLEMENTAL BUDGET NO. 04, C.Y.2004 OUT OF THE GENERAL FUND OF C.Y. 2003, PER DBM CIRCULAR NO.65-1997 AND CSC MC NO. 06-2002
Sponsored by: MASS MOTION
Be it ordained by the Sangguniang Bayan of Maribojoc, Bohol, that:
SECTION 1: Appropriation and Finance.- The amount of Three Hundred Three Thousand Pesos (P303,000.00) out of the General fund surplus for C.Y. 2003 is hereby appropriated as Supplemental Budget No. 04, C.Y. 2004.
SECTION 2: Purpose.- The amount of One Hundred Twenty Six Thousand Pesos (P126,000.00) will be appropriated for Anniversary Bonus and One Hundred Seventy Seven Thousand Pesos (P177,000.00) will be appropriated for Loyalty Award for Municipal Officials and Rank & File Employees in the Municipality of Maribojoc, Bohol.
SECTION 3: Sponsorship & Deliberation.- This appropriation ordinance was
sponsored on Mass Motion by the Sangguniang Bayan Members and deliberated during its session duly assembled.
SECTION 4: Effectivity.- This appropriation ordinance shall take effect upon
Approved: October 1, 2004
Let copies be furnished the Sangguniang Panlalawigan, Province of Bohol, Provincial Budget Officer, Tagbilaran City and Municipal Mayor, Maribojoc, Bohol for review and approval.
I HEREBY CERTIFY TO THE CORRECTNESS
OF THE ABOVE QUOTED ORDINANCE:
FILOMENA V. ASEDILLA
Presiding Officer-SB Member
ERLINDA V. CASTILON
Acting Secretary to the Sanggunian
PHILIP R. MEDEQUISO
Municipal Vice Mayor
ENGR. GABINO C. REDULLA
Date signed: October 4, 2004