2010 O - 02 - AUTHORIZING THE ANNUAL BUDGET OF THE CITY OF OLONGAPO FOR FISCAL YEAR 2010 IN THE AMOUNT OF PHP1,794,590,456.00

EXCERPTS FROM THE MINUTES OF THE REGULAR SESSION OF THE SANGGUNIANG PANLUNGSOD OF OLONGAPO, HELD ON JANUARY 06, 2010 AT THE CITY HALL.

PRESENT:

Hon. Gina Gulanes-Perez - - City Councilor & Temporary Presiding Officer

Hon. John Carlos G. delos Reyes - - City Councilor

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. Cheenee F. Hoya- - - SK Federation President

ABSENT:

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

(On Leave)

In the interest of the public service and on motion of City Councilor Jonathan G. Manalo, with the majority decision 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. 02

(Series of 2010)

AN ORDINANCE AUTHORIZING THE ANNUAL BUDGET OF THE CITY OF OLONGAPO FOR FISCAL YEAR 2010 IN THE AMOUNT OF ONE BILLION SEVEN HUNDRED NINETY FOUR MILLION FIVE HUNDRED NINETY THOUSAND FOUR HUNDRED FIFTY SIX PESOS (PHP1,794,590,456.00) COVERING VARIOUS EXPENDITURES FOR THE OPERATION OF THE CITY GOVERNMENT FOR FISCAL YEAR 2010, AND APPROPRIATING THE NECESSARY FUNDS FOR THE PURPOSE

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

SECTION 1. The Annual Budget of the City of Olongapo for Fiscal Year 2010 in the total amount of One Billion Seven Hundred Ninety Four Million Five Hundred Ninety Thousand Four Hundred Fifty Six Pesos (PhP1,794,590,456 .00) covering the various expenditures for the operation of the City Government for the year 2010 is hereby approved.

The budget documents consisting of the following are incorporated herein and made integral part of this Ordinance:

1. Budget of Expenditures and Source of Financing

2. Annual Investment Program

3. Personnel Schedule by department/office/unit

4. Others

SECTION 2. Sources of Funds.

1.0 BEGINNING CASH BALANCE 24,464,411.00

2.0 RECEIPTS 1,790,694,780.00

a. Local Sources 1,348,277,960.00

1. Tax Revenue 127,058,200.00

a. Real Property Taxes 41,500,000.00

b. Other Local Taxes 85,558,200.00

2. Non-Tax Revenue 1,221,219,760.00

a. Regulatory Fees 24,978,100.00

b. Other Income 6,750,000.00

c. Business & Service Income 1,189,491,660 .00

b. External Sources 442,416,820.00

1. Share from National Tax Collection 405,184,820.00

2. Share from PAGCOR 25,000,000.00

3. Other Share from National Tax Collection 12,232,000.00

c. Receipts from Loans and Borrowings -

Total Available Resources for Appropriations 1,815,159,191.00

SECTION 3. Use of Funds.

a. Current Operating Expenditures 1,536,642,056.00

1. Personal Services 364,157,080.00

2. Maintenance & Other Operating Expenses 1,172,484,976.00

b. Capital Outlay 159,499,200.00

c. Financial Expenses 98,449,200.00

Total Appropriations 1,794,590,456.00

SECTION 4. Use of Savings and Augmentation. In accordance with Section 336 of Republic Act No. 7160, the Local Government Code of 1991, the Mayor is authorized to augment any item in the approved annual budget for their respective offices from savings in other items within the same expenses class of their respective appropriations.

For this purpose, “savings” refer to portions or balances of any programmed appropriation free from any obligation or encumbrance, still available after the satisfactory completion or the unavoidable discontinuance or abandonment of the work, activity or purpose for which the appropriation is authorized, or arising from unpaid compensation and related costs pertaining to vacant positions and leaves of absence without pay.

“Augmentation” implies the existence in the budget of an item, project, activity or purpose with an appropriation which, upon implementation or subsequent evaluation of needed resources, is determined to be deficient.

SECTION 5. Priority in the Use of Personal Services Savings. Priority shall be given to the personnel benefits of local employees in the use of Personal Services savings.

SECTION 6. Separability Clause. If, for any reason, any Section or provision of this Appropriation Ordinance is disallowed in Budget Review or declared invalid by proper authorities, other Sections or provisions hereof that are not affected thereby shall continue to be in full force and effect.

SECTION 7. Effectivity. The provisions of this Appropriation Ordinance shall take effect upon its approval.

APPROVED, January 06, 2010

CYNTHIA G. CAJUDO

City Vice-Mayor & Presiding Officer

(On Leave)

GINA GULANES-PEREZ JOHN CARLOS G. DELOS REYES

City Councilor City Councilor

& Temporary Presiding Officer

RODEL S. CEREZO SARAH LUGERNA LIPUMANO-GARCIA

City Councilor City Councilor

(Opposed)

EDWIN J. PIANO ANGELITO W. BALOY

City Councilor City Councilor

(Opposed)

AQUILINO Y. CORTEZ, JR. ANSELMO A. AQUINO

City Councilor City Councilor

ELENA C. DABU JONATHAN G. MANALO

City Councilor City Councilor

CHEENEE F. HOYA

SK Federation President

Con’t. Of Ordinance No. 02, Series of 2010.

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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