CITY OF SAN FERNANDO -- The Local Development Council (LDC), chaired by Mayor Edwin “EdSa” Santiago, approved on Wednesday, July 1, 2020, during their second meeting, the appropriation and utilization of the City’s 20 percent local development fund for the year 2021.
As provided under the Local Government Code of 1991 (Republic Act No. 7160), 20 percent of each local government unit’s Internal Revenue Allotment (IRA) should be set aside for development projects.
The City’s LDF amounts to P187,932,998. This will cover the economic and social developments, as well as the environmental management of San Fernando.
Another 65.77 percent of the LDF will be allotted for the economic development of the City, including the improvement or construction of roads, amortization of loans used to finance development projects, aid to barangay priority projects, etc.
Social development will get 13.13 percent of the LDF and environmental management will receive 21.10 percent of the fund.
Santiago said the City will try to fund all the priority projects despite the challenges brought by the coronavirus disease (Covid-19).
Pampanga Third District Representative Aurelio Gonzales also attended the meeting and committed to helping in funding the City’s projects, particularly, the establishment of its permanent Covid-19 isolation facility.
The congressman also urged all officials to support the local government and to set aside politics.
For the year 2020, the City is using its 20-percent LDF in funding Covid-19-related programs, projects and activities.
This is per Joint Memorandum Circular No.1 of the Department of the Interior and Local Government, allowing the utilization of 20 percent of the Annual Internal Revenue Allotment for Development Projects to purchase supplies and fund other requirements for local government unit initiatives to address the Covid-19 crisis. (PR)