Friday, December 7, 2012

305 million, not enough for Malay’s 2013 budget

The 305 million peso fund for 2013 is short for the Local Government of Malay; therefore it was increased to 310 million.

This is after finding out in a budget hearing that the first proposed fund will not be enough as the LGU still needs to spend for the Environmental Programs and Municipal Economic Enterprise Development (MEED).

If recalled the mentioned departments had a huge contribution to the LGU’s collections, as some of its facilities under MEED has gained, particularly from the environmental fees in Cagban and Caticlan jetty ports.

This also followed after the council conducted a review before the approval and submission of the proposed funds and allocations of Malay for 2013 to the SB.

Therefore they studied this closely, in fact the Department heads themselves has personally been called for the budget hearing for them to explain and present their programs.

Last week, the municipal fund for 2013 has already been presented to the Municipal Council.

However they have found that the fund will not be enough and so the additional 5 million followed which will make the LGU’s fund for 2013, 310 million pesos.

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