BACOLOD

Vice guv sees approval of 2021 budget on November 24

VICE Governor Jeffrey Ferrer said the Provincial Board (PB) will approve the 2021 provincial budget Tuesday, November 24.

Ferrer said the PB has already conducted the budget deliberations.

"It could be approved today for the second to the third and final reading," Ferrer said.

Governor Eugenio Jose Lacson has submitted a proposed P4.4 billion for next year.

The proposed budget next year is up by more than P200 million, compared to the 2020 budget.

Ferrer earlier said that they wanted to fast-track the approval of the proposed budget, since the funds are badly needed to combat the Covid-19 pandemic.

The proposed 2021 general fund budget is P4,471,695,065, with P1,641,424,244 allocated for personal services, maintenance and other operating expenses -- P1,374,658,871, capital outlay -- P12,000,000 and special purpose appropriations -- P1,443,611,950.

Of the P4.4-billion proposed budget, P3,993,337,346 comes from the Internal Revenue Allotment, P98,000,000 from tax revenues and P380,357, 719 from non tax-revenues.

The Negros Occidental provincial board is targeting to approve the budget before the end of November this year.


VIEW COMMENTS
DISCLAIMER:

SunStar website welcomes friendly debate, but comments posted on this site do not necessarily reflect the views of the SunStar management and its affiliates. SunStar reserves the right to delete, reproduce or modify comments posted here without notice. Posts that are inappropriate will automatically be deleted.


Forum rules:

Do not use obscenity. Some words have been banned. Stick to the topic. Do not veer away from the discussion. Be coherent. Do not shout or use CAPITAL LETTERS!

sunstar.com.ph