AN ORDINANCE APPROVING THE ANNUAL INFRASTRUCTURE FUND BUDGET OF THE MUNICIPALITY OF MARIBOJOC, PROVINCE OF BOHOL IN THE AMOUNT OF P128,489.00 FOR CY 1990.

Sponsored by: Hon. Lourdes L. Magdoza

Be it ordained by the Sangguniang Bayan of Maribojoc, Bohol, that:

Sec.1 – That the amount of P128,489.00 is hereby appropriatedout of the Infrastructure Fund, CY 1990.

Sec. 2 – Recapitulation for the Infrastructure Fund Budget CY 1990.

A. Specific Tax and Local Revenue – – – – – – – – – – – – – – – – P 128, 469.00

B. Expeditures:
Power Service . . . . . . . . . . . . . . . P 30,000.00
Maintaenance of
Public Utilities . . . . . . . . . . . . 13,728.00
Maintinance of Plaza
Personal Services . . . . . . . . . . 27,456.00
Operating Expenses . . . . . . . . 10,000.00
Municipal Roads . . . . . . . . . . . . . 27,000.00
Public Market . . . . . . . . . . . . . 17,000.00
2% Budgetary Reserve . . . . . . . . 2,569.78

Total Obligation . . . . . . . . . . . . . . . . . .P 127,753.78

C. Summary:

Total Income . . . . . . . . . . . . . . .P 128,489.00

Total Expenditures . . . . . . . . . . 127,753.78

Balance . . . . . . . . . . . . . . . . . . . . . . . P 753.22

Sec. 3 – That this ordinance takes effect upon approval.

After due deliberation

Approved: November 16, 1989

LET copies be furnished, the Provincial Budget Officer, City of Tagbilaran thru the Municipal Budget Officer, Maribojoc, Bohol for kind approval.

Unanimously adopted.

CERTIFIED CORRECT:

ATTY. JOSE E. VELOSO
Presiding Office

ATTESTED:

ALBERTO E. ARANGOSO
Municipal Secretary

APPROVED:
ATTY. JOSE E. VELOSO
Municipal Mayor