Davide proposes P2.3B for 2014-A A +A
Tuesday, October 22, 2013
CEBU Gov. Hilario Davide III yesterday submitted a P2.596-billion annual budget proposal for 2014 to the Provincial Board (PB).
The Office of the Governor gets P440.7 million, the biggest share of the proposed annual budget.
Next to governor’s office in terms of fund allocation is the Annual Investment Plan of P407 million for development projects and the Provincial Health Office with P379 million.
PB members referred the 2014 budget proposed by the executive branch at Capitol to the committee on appropriations and budget, headed by PB Member Grecilda Sanchez, for study.
The PB expects to deliberate on the budget proposal in its regular session next Monday.
In his message to the PB, Davide pointed out that the proposed 2014 budget is about 20 percent lower–or P663 million less—than this year’s because of the Capitol’s projected collectibles.
“Managing our cash to finance our current programs, projects and activities, with the cash deficit at the beginning of this year due to huge payables, is one of the challenges of this administration,” governor’s budget message stated.
The governor allocated P1,379,372,000 for social services, which is 53 percent of the total budget; and P726,122,000 for general services or 28 percent; and economic services, P490,468,000 or 19 percent.
Under the proposal the PB will get P140.7 million; Vice Governor’s office, P53.2 million; Provincial Engineer’s Office, P83.6 million; and P82.3 million for provincial social welfare and development office.
Operation of hospitals has been allotted P294,766,000.
Davide said the budget will enable Capitol to achieve its “vision for Cebu as an ideal hub and gateway to a rich heritage and the global market.”
Published in the Sun.Star Cebu newspaper on October 22, 2013.