SP ok’s P4-B 2019 bud­get for Ne­gocc

Sun Star Bacolod - - Top Stories - BY CARLA N. CAÑET

THE Sang­gu­ni­ang Pan­lalaw­igan (SP) of Ne­gros Oc­ci­den­tal has unan­i­mously ap­proved the 2019 an­nual bud­get of the pro­vin­cial gov­ern­ment amount­ing to P4.001 bil­lion.

Next year’s bud­get is P400 mil­lion higher com­pared to the bud­get in 2018.

The ap­proval was con­firmed by Sec­ond Dis­trict Board Mem­ber Sal­vador Es­calante Jr., who chairs the SP com­mit­tee on ap­pro­pri­a­tions, bud­get, fi­nance, ways, and means dur­ing their reg­u­lar ses­sion yes­ter­day.

The 2019 bud­get will be sourced from the In­ter­nal Rev­enue Al­lot­ment amount­ing to P3.340 bil­lion; tax rev­enue, P87.350 mil­lion; non-tax rev­enue, P81.538 mil­lion; re­ceipts from hos­pi­tal op­er­a­tions, P308.630 mil­lion and re­ceipts from the eco­nomic en­ter­prise, P184.399 mil­lion.

Mean­while, the SP also ap­proved Sup­ple­men­tal Bud­get No. 11 amount­ing to P36.135 mil­lion.

Of the fig­ure, P12 mil­lion will be uti­lized for the con­struc­tion of the build­ing and im­prove­ment of the Land Trans­porta­tion re­gional and pro­vin­cial of­fices to be lo­cated in Barangay Man­silin­gan, Ba­colod City.*

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