2009 R - 01 - AUTHORIZING THE CREATION OF A PETTY CASH FUND IN THE AMOUNT OF PhP50,000.00 FOR THE PAYMENT OF NON-RECURRING, EMERGENCY

EXCERPTS FROM THE MINUTES OF THE REGULAR SESSION OF THE SANGGUNIANG PANLUNGSOD OF OLONGAPO, HELD ON JANUARY 07, 2009 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. 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. Jonathan G. Manalo- - - - - - - - “ “
Hon. Carlito A. Baloy - - - - President, Liga ng mga Barangay
Hon. Cheenee F. Hoya- - - - - - SK Federation President

ABSENT:

None.

RESOLUTION NO. 01
(Series of 2009)

A RESOLUTION AUTHORIZING THE CREATION OF A PETTY CASH FUND IN THE AMOUNT OF FIFTY THOUSAND PESOS (PhP50,000.00) FOR THE PAYMENT OF NON-RECURRING, EMERGENCY AND PETTY EXPENSES OF THE CITY GOVERNMENT IN COMPLIANCE WITH SECTION 48 OF NATIONAL GOVERNMENT ACCOUNTING SYSTEM (NGAS)

WHEREAS, in compliance with the Audit Observation Memorandum No. 2008-003 dated July 30, 2008, regarding Cash Advances, Mr. Marcelino D. Andawi, City Treasurer requested the Honorable City Mayor for the creation of a petty cash fund in the amount of Fifty Thousand Pesos (PhP50,000.00) in compliance with Section 48 of the National Government Accounting System (NGAS);

WHEREAS, the above mentioned amount according to the City Treasurer, as stated in his letter, is sufficient for the payment of non-recurring, emergency and petty expenses of the City Government;

NOW, THEREFORE, on motion of Councilor Gina G. Perez, 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 authorize, as it hereby authorizes the creation of a Petty Cash Fund in the amount of Fifty Thousand Pesos (PhP50,000.00) for the payment of non-recurring, emergency and petty expenses of the City Government in compliance with Section 48 of National Government Accounting System (NGAS).

Let a copy of this Resolution be furnished the City Treasurer for his information and perusal.

APPROVED UNANIMOUSLY, January 07, 2009.


CYNTHIA G. CAJUDO
City Vice-Mayor & Presiding Officer


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


RODEL S. CEREZO SARAH LUGERNA LIPUMANO-GARCIA
City Councilor City Councilor

EDWIN J. PIANO ANGELITO W. BALOY
City Councilor City Councilor

AQUILINO Y. CORTEZ, JR ANSELMO A. AQUINO
City Councilor City Councilor


ELENA C. DABU JONATHAN G. MANALO
City Councilor City Councilor


CARLITO A. BALOY CHEENEE F. HOYA
President, Liga ng mga Barangay SK Federation President


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