APPROPRIATION THE AMOUNT OF P675,000 OUT OF THE EXCESS IRA FUNDS, C.Y. 2002 FOR THE GRANT OF INCENTIVES THRU PRAISE IN CASH TO ALL PERMANENT OFFICIALS AND EMPLOYEES OF THIS LOCAL GOVERNMENT UNIT PURSUANT TO THE PROVISIONS OF RULES X OF THE OMNIBUS RULES IMPLEMENTING BOOK V OF EXECUTIVES ORDER NO. 292.
Sponsored by: MASS MOTION
BE it enacted by the Sangguniang Bayan of Maribojoc, Bohol, that:
SECTION 1. Appropriation and Source.- The amount of P 675,000.00 out of the excess IRA Funds, C.Y. 2002 is hereby appropriated..
SECTION 2. Purpose.- The amount of P 675,000.00 is appropriated for the grant of Incentives thru the Program on Awards and Incentives Service Excellence (PRAISE) formerly ESAIAS in cash to all permanent, officials and Employees of the LGU-Maribojoc, Bohol pursuant to the provisions of Rule X of the Omnibus Rules implementing Book V of Executive Order No. 292.
The Municipal Officials and Employees will be granted the amount of P 3,750 per quarter at P1,250 per month or P 15,000.00 per annum to those who are still in the service as to this grant.
SECTION 3: Requesting Party.- This appropriation ordinance for the grant of PRAISE in cash to all permanent officials and employees of the LGU-Maribojoc, Bohol was requested by the LGU-Maribojoc Union of Employees of Maribojoc, Bohol.
SECTION 4: Sponsorship and Deliberation.- This appropriation ordinance is sponsored on mass motion by the Sangguniang Bayan Members and deliberation by those present during its session duly assembled.
SECTION 5: Effectivity.- This ordinance shall take effect upon approval.
Approved: November 29, 2002
Let copies be furnished, the Sangguniang Panlalawigan of Bohol for review and approval.
I HEREBY CERTIFY TO THE CORRECTNESS
OF THE ABOVE QUOTED ORDINANCE:
FRUCTUOSO F. REDULLA, JR.
ALBERTO E. ARANGOSO
PHILIP R. MEDEQUISO
OIC- Municipal Mayor
Dates signed: December 09, 2002