2007 R - 86 - APPROVING THE ANNUAL BUDGET OF BARANGAY OLD CABALAN FOR THE CALENDAR YEAR 2007

EXCERPTS FROM THE MINUTES OF THE REGULAR SESSION OF THE SANGGUNIANG PANLUNGSOD OF OLONGAPO, HELD ON AUGUST 01, 2007 AT THE CITY HALL.

PRESENT:

Hon. Cynthia G. Cajudo - - - - - - - - - - - - - - - - - City Vice-Mayor & Presiding Officer Hon. Gina Gulanes-Perez - - - - - - - - - - - - - - - - City Councilor
Hon. John Carlos G. Delos Reyes- - - - - - - - - - - “ “
Hon. Rodel S. Cerezo - - - - - - - - - - - - - - - - - - - “ “
Hon. Marey Beth D. Marzan- - - - - - - - - - - - - - - “ “
Hon. Sarah Lugerna Lipumano-Garcia - - - - - - - - “ “
Hon. Edwin J. Piano- - - - - - - - - - - - - - - - - - - - - “ “
Hon. Angelito W. Baloy - - - - - - - - - - - - - - - - - - “ “
Hon. Aquilino Y. Cortez, Jr.- - - - - - - - - - - - - - - - “ “
Hon. Anselmo A. Aquino- - - - - - - - - - - - - - - - - - “ “
Hon. Elena C. Dabu- - - - - - - - - - - - - - - - - - - - - - “ “
Hon. Carlito A. Baloy- - - - - - - - - - - - - President, Liga ng mga Barangay

ABSENT:

Hon. Robine Rose C. Buenafe - - - - - - - - - - - - - - - SK Federation President
(Sick Leave)

RESOLUTION NO. 86
(Series of 2007)

A RESOLUTION APPROVING THE ANNUAL BUDGET OF BARANGAY OLD CABALAN, CITY OF OLONGAPO
FOR THE CALENDAR YEAR 2007

On motion of Councilor Edwin J. Piano, 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 approve, as it hereby approves the Barangay Budget of Barangay Old Cabalan , City of Olongapo for the Calendar Year 2007 considering that the budget as contained in Barangay Resolution No. 1, Series of 2007 of Barangay Old Cabalan upon review by the Sangguniang Panlungsod, has substantially complied with the requirements and limitation set forth under R.A. No. 7160 or the Local Government Code of 1991 and other pertinent issuances, circulars and memoranda with respect to Barangay Budgets with the following conditions:

The disbursement of 20% Development Fund shall be in accordance with the projects/activities embodied in the Development Plan of the Barangay and an amount equivalent to twenty-percent (20%) of the amount appropriated for such development projects shall be set aside for programs and activities pursuant to section 287 of local Government Code of 1991.

Pursuant to Local Budget Circular No. 63 of the Department of Budget & Management dated 22 October 1996, “Barangay Officials shall be compensated in the form of honorarium and subject to availability of funds and the general limitations on personal services; the honorarium rates of said Barangay Officials may be adjusted”. However such adjusted rates shall not exceed the rate equivalent to the first step of the following salary grades in the City where the barangay belongs:

SG-14 - For Punong Barangays
SG-10 - For the Sangguniang Barangay Members, Barangay Secretary and Barangay Treasurer.

That the amount of POWER BILLS appropriated or to be set up for budgetary purposes be mutually agreed upon between that Barangay and the Public Utilities Department (PUD) thru the intercession of the Sanggunian Panlungsod so that outstanding power account and/or current bills of the said Barangay based on its financial capability, may be properly liquidated/settled:

That appropriations herein authorized shall be disbursed strictly in accordance with the purposes for which they were intended subject to existing budgeting, accounting and auditing rules and regulations and compliance thereof shall be the responsibility of the implementing barangay.

And finally, the requirements imposed by City Resolution No. 3, Series of 1996 are fully satisfied. PROVIDED, that the City Accountant is enjoined to observe the above conditions.

APPROVED UNANIMOUSLY, August 01, 2007.



CYNTHIA G. CAJUDO
City Vice-Mayor & Presiding Officer


GINA GULANES - PEREZ JOHN CARLOS G. DELOS REYES
City Councilor City Councilor


RODEL S. CEREZO MAREY BETH D. MARZAN
City Councilor City Councilor


SARAH LUGERNA LIPUMANO-GARCIA EDWIN J. PIANO
City Councilor City Councilor

ANGELITO W. BALOY AQUILINO Y. CORTEZ, JR
City Councilor City Councilor



Con’t. of Resolution No. 86, Series of 2007.

- 3 -


ANSELMO A. AQUINO ELENA C. DABU
City Councilor City Councilor


CARLITO A. BALOY ROBINE ROSE C. BUENAFE
President, Liga ng mga Barangay SK Federation President
(Sick Leave)

ATTEST:

ELFLIDA S. SALMON
Council Secretary


APPROVED BY HIS HONOR, THE CITY MAYOR ON______________________.



JAMES GORDON, JR.
City Mayor

ATTEST:

DELFIN A. JUICO, JR.
Secretary to the City Mayor