2003 O - 112 - REVERTING THE AMOUNT OF PHP8,364,409.00 FROM THE TRUST FUND OUT OF COLLECTIONS FROM TUITION FEES OF GORDON COLLEGE TO THE GENERAL FUND

EXCERPTS FROM THE MINUTES OF THE REGULAR SESSION OF THE SANGGUNIANG PANLUNGSOD OF OLONGAPO, HELD ON SEPTEMBER 24, 2003, AT THE CITY HALL

Hon. Cynthia G. Cajudo- - - - - City Vice-Mayor & Presiding Officer

Hon. Gregorio M. Elane- - - - - - - - - - - City Councilor
Hon. Angelina B. Andrada- - - - - - - - - - " "
Hon. Teodoro D. Del Rosario- - - - - - - "
Hon. Anselmo A. Aquino - - - - - - - -. -
Hon. Gregorio A. Manglicmot- - - - - - - "
Hon. Edwin J. Piano- - - - - - - - - - - - - - "
Hon. Noel Y. Atienza- - - - - - - - - - - - - "
Hon. Bella P. Asuncion- - - - - - - - - - - - "
Hon. Robine Rose C. Buenafe- - - - - - - - SK Federation President
Hon. Napoleon F. Capistrano- - - - - - - - President, Liga ng mga Barangay
Hon. Rolen C. Paulino- - - - - - - - - - - - City Councilor (On Official Travel Abroad)

Hon. Rexy Gregorio Cruz- - - - - - - - - -" "(On Official Travel Abroad)

In the interest of public service and on motion of Councilor Gregorio A. Manglicmot, with the unanimous accord of the Members of the Sangguniang Panlungsod present,

RESOLVED, AS IT IS HEREBY RESOLVED, by the Sangguniang Panlungsod in session assembled, to enact the following Ordinance:

ORDINANCE NO. 112 (Series of 2003)

AN ORDINANCE REVERTING THE AMOUNT OF EIGHT MILLION THREE HUNDRED SIXTY FOUR THOUSAND FOUR HUNDRED NINE PESOS (PHP8,364,409.00) FROM THE TRUST FUND OUT OF COLLECTIONS FROM TUITION FEES OF GORDON COLLEGE TO THE GENERAL FUND

BE IT ORDAINED, BY THE SANGGUNIANG PANLUNGSOD IN SESSION ASSEMBLED, THAT:

SECTION 1. The amount of Eight Million Three Hundred Sixty Four Thousand Four Hundred Nine Pesos (PhP8,364,409.00) is hereby reverted from the Trust Fund out of accumulated collections from tuition fees of Gordon College to the General Fund for the Personal Services, Maintenance and Other Operating Expenses and Capital Outlay of the said College,to wit:

Personal Services Amount
'Salaries & Wages - Regular pay PhP989,326.00
ClothinglUniform Allowance 84,000.00
ECC Contributions 4,083.00 Php1,077,409.00

Maintenance & Other Operating Expenses

Consultancy Services Php3,600,000.00
Office Supplies Expenses 2,500.000.00
Repair & Maint.-School Building 400,000.00
Repair & Maint. –Office Equipment 200,000.00
Advertising Expenses 50,000.00
Other Expenses 250,000.00 7,000,000.00

Capital Outlay 287,000.00
GRAND TOTAL Php8,364,409.00

SECTION 2. This appropriation Ordinance shall be subject to the usual accounting and auditing rules and regulations.

SECTION 3. The pertinent letter request of Honorable City Mayor Katherine H. Gordon, dated September 22, 2003, and the Certificate of Availability of Funds dated September 24, 2003 issued by Mr. Marcelino D. Andawi, City Treasurer are hereby made as integral parts of this Ordinance.

SECTION 4. This Ordinance shall take effect upon its approval.

APPROVED UNANIMOUSLY, September 24,2003.