Reverting the amount of Seven hundred eighty nine thousand one hundred eighty four pesos and sixty seven centavos (P 789,184.67) from the Non- Office allocation of the Annual Budget, C.Y. 2000 for the ten percent (10%) across the Board increase for all Municipal Officials and Employees in the Municipality of Maribojoc, Bohol.

Sponsored by: Mass Motion

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

Section 1: APPROPRIATION AND SOURCE: The amount of Seven hundred eighty nine thousand one hundred eighty four pesos and sixty seven centavos (P789,184.67) out of the Non- Office Allocation of the Annual Budget, C.Y. 2000 is hereby appropriated for the ten percent (10%) across the Board increase for all Municipal Officials and Employees in the
Municipality of Maribojoc, Bohol;

Section 2: PURPOSE : The amount of P 789,184.67 is reverted from the Non-
Office allocation in the Annual Budget, C.Y. 2000 and appropriated for expenditures of the following items to wit:

1. Lump sum appropriation for the 10% Salary increase across the Board of Municipal Officials and employees in the amount of —- P 651,758.80

2. Lump sum appropriation of Life and Retirement Premiums – – – – – – – – – – – – – – – — P 67,112.64

3. Lump sum appropriation increase of Medicare Premiums – – – – – – – – – – – – – – – – – – – – – – – – P 16,000.00

4. Lump sum appropriation of year end bonus- – – – – – – – – P 54,363.23

Total- P 789,184.67

Section 3: REQUESTING PARTY: This appropriation ordinance was requested by the Municipal Officials and employees of the LGU- Maribojoc, Bohol for their welfare and benefits;

Section 4: SPONSORSHIP AND DELIBERATION: The appropriation measure was sponsored in Mass Motion by the SB Members and was deliberated by the SB Members present.

Section 5: EFFECTIVITY: This ordinance shall take effect upon approval and
retroactive on January 1, 2000.

Approved: March 27, 2000.

I hereby certify to the correctness of the above quoted ordinance:

ATTY. JOSE E. VELOSO
Vice Mayor

Attested:

ALBERTO E. ARANGOSO
Municipal Secretary

Approved:

ENGR. GABINO C. REDULLA
Municipal Mayor

Date signed: __April 7, 2000____