CEBU

City Council to review P10B budget for 2020

THE Cebu City Council is set to scrutinize the proposed P10.4 billion budget for 2020.

The annual budget would be sourced from the sale of a South Road Properties (SRP) lot, the Internal Revenue Allotment from the National Government, and the City’s real property and business taxes.

Councilor Raymond Alvin Garcia, budget and finance committee chairman, said if the 2020 budget would be approved, the general public services would get the highest allocation—P4.8 billion, or 46 percent of the proposed budget.

The social services would get P2.9 billion, or 27.7 percent of the total budget.

Under the social services are health and hospital services, and housing and social welfare services.

Other appropriations include debt services (P700 million); economic services that cover the markets, infrastructures and tourism (P508 million); local development services (P500 million); barangay aid (P492 million); local disaster fund (P435 million); and miscellaneous fund (P20 million).

Garcia said the City Council will discuss the approval of the annual investment plan during its regular session on Tuesday, Oct. 22, 2019.

Afterwards, the council will set a schedule to scrutinize the 2020 annual budget. The department heads are expected to defend their respective proposed budgets.

Garcia said there is no legal impediment in using the money from the SRP lot sale, saying there is no temporary restraining order issued by any court.

In the 2019 annual budget, the City had allocated P8.1 billion. Of the budget, P3.4 billion, or 43 percent of the total amount, was allocated for the general public services. JJL


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