APPROPRIATING THE AMOUNT OF FOUR HUNDRED EIGHTY THOUSAND PESOS (P480,000.00) FROM THE UNEXPENDED PERSONAL SERVICES ALLOCATIONS CY 2003 FOR THE ADDITIONAL EXTRA CASH GIFT OF MUNICIPAL OFFICIALS AND EMPLOYEES 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 Four Hundred Eighty Thousand Pesos (P480,000.00) which shall be taken from the Unexpended Personal Services Allocations for calendar year 2003 is hereby appropriated as supplemental budget for C.Y. 2003;

SECTION 2. Purpose.- The amount of four Hundred Eighty Thousand Pesos (P480,000.00) is hereby appropriated for the Additional Extra Cash Gift of Municipal Officials and Employees

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: December 22, 2003

I HEREBY CERTIFY TO THE CORRECTNESS
OF THE ABOVE QUOTED ORDINANCE:

PHILIP R. MEDEQUISO.
Municipal Vice Mayor

Presiding Officer

ATTESTED:

NOEL D. VELOSO
SB Secretary – OIC

APPROVED:

ENGR. GABINO C. REDULLA
Municipal Mayor

Date signed: December 22, 2003