Council to approve P464-M SB2 today

By ARMANDO B. FENEQUITO JR.
The Davao City Council is set to approve today (Tuesday) on third and final reading the proposed P463.8 million Supplemental Budget (SB) No. 2.
Set to be approved in today’s regular session agenda is item 1210 titled “An Ordinance Granting Legislative Authority to Supplemental Budget No. 2 of the City Government of Davao for Calendar Year 2015, Consisting of the Budget under the General Fund and Economic Enterprises in the total amount P463.819 million as amended.”
Of the total budget, P216.866 million is allocated for the general fund while P203.326 million is allocated for the development fund of the city.
Of the total general fund allocation, the City Mayor’s Office (CMO) still tops the list with the highest share of P97.463 million.
Of the total CMO budget, P56.96 million goes to the peace and order program which is 58.4 percent of its allocation. P24.9 million or 25.6 percent goes to the Lingap Program or the health and hospitalization assistance program.
Next in line after the CMO is the lump sum appropriation at P97.402 million.
P50 million of the lump sum appropriation is set aside for the Collective Negotiation Agreement (CNA) Incentives in which the 2,500 regular employees of the city government will be given P20,000 each.
The Sangguniang Panlungsod (SP) is allocated P27.65 million which is intended for the payment of the prior year’s obligation and augmentation budget for this year.
The City Environment and Natural Resources Office (CENRO) has a proposed appropriation of P16.023 million. Of this, P14.560 million goes to the payment of hauling services for the months of November and December last year.
P710,419 is allocated for the payment of gasoline consumption during the month of December 2014.
The development fund got a total allocation of P203.326 million which is funded from the reversion of this year’s P154.1 million and from the last year’s P9.3 million appropriation.
The city also transferred P39.895 million from general fund to development fund as requested by the barangay officials and various offices and departments.
The source of funds came from the P248.931 million saving from general fund and economic enterprise as well as P215.315 million reversions from the various appropriations of this year and last year.