Acting Vice Mayor El Cid Familiaran said the city government may opt for the reenactment of the 2015 general fund budget amounting to P1,550,000,000 for next year, if the proposed P1.8 billion general fund budget for 2016 is not approved by the Sangguniang Panlungsod (SP) before the year ends. Familiaran claimed the city council is waiting for the report of Councilor Claudio Jesus Raymundo “Kalaw” Puentevella, chairman of the SP Committee on Finance, who is still conducting a series of public hearings on the matter. “We will still have to wait for his report, pending the deliberation of the city council on it,” Familiaran said. With the possible reenactment of the 2015 general fund budget, Familiaran said department heads will have concerns on the insufficiency of the allotted budget for their projects in 2016. “It will hamper the projects next year,” warned Familiaran. Meanwhile, Councilor Wilson “Jun” Gamboa Jr. said the SP has until March 2016 to approve the 2016 general fund budget, as he explained the possible delay is due to the public hearings that are necessary to discuss several revisions the other councilors proposed. “It will require more time and more public hearings before making changes on the provisions of the proposed budget,” Gamboa added. Also, Gamboa pointed out the change in leadership, following the suspension of Mayor Monico Puentevella, affected the approval of the 2016 budget because the city is still adjusting to acting Mayor Greg Gasataya. Gamboa believes the possible non-passage of the 2016 budget will not affect the basic social services of the city because the reenactment of the 2015 budget could still finance the projects of the city. About 53 percent of the proposed P1.8 billion general fund budget for 2016 will be sourced from the Internal Revenue Allocation share of the city while the remaining 47 percent will be taken from the projected income the city will generate from its tax and non-tax revenue collections. Forty-three percent of the proposed 2016 budget will finance the city government’s Maintenance and Other Operating Expenses (MOOE), while Personal Services gets 33 percent, Capital Outlay – 15 percent, and the rest of the expenses – 9 percent./WDJ By Glazyl Jane Marie Y. Masculino
0 Comments
Leave a Reply. |
Categories
All
|