APPROPRIATING THE AMOUNT OF FOUR HUNDRED SIXTY EIGHT THOUSAND FIVE HUNDRED TWENTY THREE AND NINETY FOUR CENTAVOS (P468,523.94) FROM THE GENERAL FUND SURPLUS C.Y. 2003 FOR THE MONETIZATION OF LEAVE CREDITS OF THE MUNICIPAL OFFICIALS AND EMPLOYEES IN THE MUNICIPALITY OF MARIBOJOC, BOHOL AS SUPPLEMENTAL BUDGET FOR C.Y. 2004.
Sponsored by: MASS MOTION
Be it enacted by the Sangguniang Bayan of Maribojoc, Bohol, that:
SECTION 1: Appropriation and Source.- The amount of FOUR HUNDRED
SIXTY EIGHT THOUSAND FIVE HUNDRED TWENTY THREE AND NINETY FOUR CENTAVOS (Php 468,523.94) out of the General Fund Surplus C.Y. 2003 is hereby appropriated as Supplemental Budget ;
SECTION 2: Purpose.- The amount of Four Hundred Sixty Eight Thousand Five Hundred Twenty Three and Ninety Four Centavos (P468,523.94) is hereby appropriated for the monetization of leave credits of the Municipal Officials and employees for Calendar Year 2004 in the Municipality of Maribojoc, Bohol;
SECTION 3: Sponsorship and Deliberation.- This appropriation ordinance was sponsored on Mass Motion by the Sangguniang Bayan Members and deliberated by those present during its session duly assembled;
SECTION 4: Effectivity.- This appropriation ordinance shall take effect upon approval.
Approved : October 29, 2004
Let copies be furnished the Sangguniang Panlalawigan of Bohol, Provincial Budget Officer, Tagbilaran City 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: November 3, 2004