APPROPRIATING THE AMOUNT OF TWO HUNDRED FORTY THOUSAND PESOS (P240,000.00) FROM THE UNAPPROPRIATED SURPLUS CY 2002 FOR THE EXTRA CASH GIFT OF MUNICIPAL OFFICIALS AND EMPLOYEES PER ADMINISTRATIVE ORDER 254 AND DBM BUDGET CIRCULAR NO. 2003-7, ALL SERIES OF 2003, AS SUPPLEMENTAL BUDGET FOR CY 2003 IN THE MUNICIPALITY OF MARIBOJOC, BOHOL.
Sponsored by: MASS MOTION
Be it enacted by the Sangguniang Bayan of Maribojoc, Bohol, that:
SECTION 1. Appropriation and Source.- The amount of Two Hundred Forty Thousand Pesos (P240,000.00) shall be taken from the Unappropriated Surplus C.Y. 2002 is hereby appropriated as supplemental budget for C.Y. 2003.
SECTION 2. Purpose.- The amount of Two Hundred Forty Thousand Pesos (P240,000.00) is hereby appropriated for the Extra Cash Gift of Municipal Officials and Employees per Administrative Order No. 254 and DBM Budget Circular No. 2003-7, all Series of 2003. All Municipal Officials and Employees.
SECTION 3. Sponsorship and 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 approval.
Approved: December 12, 2003
Let copies be furnished the Sangguniang Panlalawigan of Bohol, Provincial Budget Officer, Tagbilaran City and Municipal Treasurer, Maribojoc, Bohol for review and approval
I HEREBY CERTIFY TO THE CORRECTNESS
OF THE ABOVE QUOTED ORDINANCE:
PHILIP R. MEDEQUISO.
Municipal Vice Mayor
NOEL D. VELOSO
SB Secretary – OIC
ENGR. GABINO C. REDULLA
Date signed: November 15, 2003