Council gets higher fund for 2014-A A +A
Wednesday, October 2, 2013
THE City Council of Tacloban was given a much higher allocation for the 2014 annual budget.
City budget officer Vicente Dy said the City Council was given an allocation of P43.50 million which is comparatively higher than the current P34.16 million.
Dy added that the increase of the City Council budget is about 22 percent.
The proposed 2014 city budget is higher compared to the current budget of P886,513,938.
“The increase of the proposed city budget compare to the current budget is realistic which is just about eight percent,” Dy said.
The Mayor’s Office was given an allocation of P126.2 million, which is higher by seven percent compared to the current P117.8 million.
The city budget officer said that of the P960,202,762 proposed 2014 budget, only 54 percent of it would be source from the city’s share on internal revenue allotment (IRA).
“This means, we are not really 100 percent IRA dependent. We depend now more on our local revenue sources,” Dy said.
Dy said revenue-generating measures are now being considered for revisions before the City Council with the aim of further boosting the income of Tacloban.
Under the proposed city budget, personnel services were given an allocation of more than P321.35 million, maintenance and other operating expenses with P362.25 million, capital outlay with P228.25 million, economic development fund with P95.70 million, and calamity fund with P48.01 million.
When asked on what could be the reason why the City Council was given a much higher allocation, Dy said that a higher allocation would enable the legislative branch to carry out programs agreed under the Executive-Legislative Agenda initiated by the Department of the Interior and Local Government. (Leyte Samar Daily Express)