Marathon hearings for P2.52-B proposed budget for 2019 set

THE Bacolod City Council will hold a series of hearings on the proposed P2.52-billion annual budget for 2019 on the first week of November.

Councilor Caesar Distrito, chairperson of the City Council committee on appropriation and finance, said on Friday that they will concentrate on the proposed annual budget right after the MassKara Festival.

He said the hearings will be attended by various department heads to defend their proposed budget on their respective offices or department.

The City Council earlier approved on first reading the P2.52-billion annual budget for 2019.

Distrito said the proposed budget is 12 percent higher, or P270 million, than this year’s budget.

As to the source of funds, 50 percent of the budget will come from the Internal Revenue Allotment (IRA) amounting to P1.26 billion and the local sources at P 1.258 billion.

Distrito said the bulk of the budget, or P 1.33 billion, will be allocated to the maintenance and other operating expenses; and P660 million to personnel services; P252 million to the development fund; P81.7 million to equipment expenses; P7.9 million for financial expenses; and P184 million for other purposes.

He said the budget includes the provision for the salary standardization of city employees.

“It prioritizes health services, the solid waste management, social welfare services, public order and safety, anti-drug campaign as in line with the national thrust, improvement of traffic management, economic and infrastructure development, tourism and importantly, for education,” he added. (MAP)

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