P80M budget to fund projects in Mangaldan

October 11, 2015 at 9:59 pm Leave a comment

By Mortz C. Ortigoza

MANGALDAN – The mayor here expects P40 million from the roughly P200 million municipal budget for fiscal year 2016 will be passed by this town’s legislative body in October so she can fund her various projects.
With the other P40 million loan from the Land Bank of the Philippines in the pipe line, this burgeoning town will be seeing a P80 million worth of projects next year.
Mayor Bona Fe D. Parayno also cited her business development program that would be funded by the 20% of the municipal budget next year.
She will also hire two nurses to man the dialysis center that would be constructed near the infirmary clinic .

“Kasi marami sa ating taga Mangaldan they go to Dagupan City para magpa dialysis,” she said in Filipino.
She said the program of works and design of the dialysis clinic are almost done.
One of the projects from the 20% development fund, Parayno said, is the re-facing of the public market that would cost P10 million.
She said the worn out buildings of the Phase 2 of the public market would be dismantled in the first week of October in preparation for the construction of the new edifice funded by the P40 million loans from the LBP – Dagupan City Branch.
“Pag sasabihan na ang mga business owners ng relocation area nila”.

She said the local government unit is waiting for the review and approval of the Sanggunian Panlalawigan of the resolution.
The approval is one of the requisites of LBP to start for the release of the P40 million loans.


Entry filed under: News.

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