2012 R - 38 - DECLARING THE ANNUAL BUDGET OF BARANGAY NEW CABALAN FOR THE FISCAL YEAR 2012 IN THE AMOUNT OF TEN MILLION THREE HUNDRED EIGHTY EIGHT THOUSAND SIX HUNDRED TWENTY ONE PESOS AND 15/100 (PHP10,388,621.15) OPERATIVE IN ITS ENTIRETY

EXCERPTS FROM THE MINUTES OF THE REGULAR SESSION OF THE SANGGUNIANG PANLUNGSOD OF OLONGAPO, HELD ON APRIL 25, 2012 AT THE CITY HALL

PRESENT:

Hon. Rodel S. Cerezo - - - - - - - - - - - - - City Councilor & Temporary Presiding Officer

Hon. Eyrma Yvette Marzan-Estrella - - - City Councilor

Hon. Aquilino Y. Cortez, Jr. - - - - - - - - - “     “

Hon. James G. delos Reyes - - - - - - - - - - “     “

Hon. Gina Gulanes-Perez - - - - - - - - - - - “     “

Hon. Elena C. Dabu - - - - - - - - - - - - - - “     “

Hon. Eduardo J. Piano - - - - - - - - - - - - “     “

Hon. Edna A. Elane - - - - - - - - - - - - - - “     “

Hon. Noel Y. Atienza - - - - - - - - - - - - - “     “

Hon. Sarah Lugerna Lipumano-Garcia - “     “

Hon. Dolly Mae M. Ramos - - - - - - - - - SK City Federation President

ABSENT:

Hon. Rolen C. Paulino - - - - - - - - - - - City Vice Mayor & Presiding Officer

Hon. Carlito A. Baloy - - - - - - - - - - - - President, Liga ng mga Barangay

RESOLUTION NO. 38

Series of 2012

A RESOLUTION DECLARING THE ANNUAL BUDGET OF BARANGAY NEW CABALAN FOR THE FISCAL YEAR 2012 IN THE AMOUNT OF TEN MILLION THREE HUNDRED EIGHTY EIGHT THOUSAND SIX HUNDRED TWENTY ONE PESOS AND 15/100 (PHP10,388,621.15) OPERATIVE IN ITS ENTIRETY

In the interest of public service and on motion of City Councilor Gina Gulanes-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 declare as it is hereby declares the Annual Budget of New Cabalan for the Fiscal Year 2012 in the amount of Ten Million Three Hundred Eighty Eight Thousand Six Hundred Twenty One Pesos and 15/100 (PhP10,388,621.15) operative in its entirety;

RESOLVED FURTHER, AS IT IS HEREBY FURTHER RESOLVED, that copy of Barangay New Cabalan Appropriation Ordinance No. 01, Series of 2012 dated January 4, 2012 and the letter from Ms. Marey Beth D. Marzan, City Budget Officer dated April 18, 2012 be made ad integral parts of this Resolution.

Let copy of this Resolution be furnished Barangay New Cabalan for its information and guidance.

APPROVED UNANIMOUSLY, April 25, 2012.