Dagupan, Urdaneta have highest budgets in Region 1

March 27, 2017 at 3:49 am Leave a comment

By Mortz C. Ortigoza
URDANETA CITY – Dagupan and this city have the highest budgetary appropriations this year.
Dagupan has an annual appropriation budget of P858 million while Urdaneta has  P850 million.
Mayor Amadeo Gregorio “Bobom” E. Perez, IV said this bustling city’s P850 million is allocated for economic, social, and general services based on the approved local development plans, expenditure for each development activity between current operating expenditures and capital outlays.
He said this city had higher revenue than other cities in Region 1 because of its high  population and  land area.
 The Local Government Code said province, city, and municipality have each shares of 50% on population, 25% on land area, and 25% equal sharing on the internal revenue allotment from their shares on the collection of the Bureau of Internal Revenue.
City Administrator Ronald San Juan told Northern Watch last year that this city was less dependent on the internal revenue allotment from the national government since it collected more local taxes.
“It is like 60-40 percentage equation,” San Juan cited.

City Treasurer Saniata A. Elegores said  this city pays tens of millions of pesos to the Land Bank of the Philippines for amortization of loans used to establish the sanitary landfill and new public market.
This city is known as a trading center of cattle, vegetables, and fruits in Northern and Central Luzon.
The P858 million budget of Dagupan City for this year would cover personal services amounting to P297, 556,654.67; maintenance and other operating expenditures amounting to P380, 529,657.83; capital outlay for P148, 987,687.50; and financial expenses amounting to P30, 926,000.
Laoag City, Ilocos Norte’s Budget Officer Carlina Cumigad cited that her city’s total budget for 2017 is P747, 625,399. Cumigad said the budgetary appropriation came from the city’s estimated annual general fund of 557,772,000 and the economic enterprise of 189,493,000.
The other six cities in Region-1 that have less budgetary appropriations for 2017 are Batac in Ilocos Norte. Candon and Vigan Cities in Ilocos Sur, San Fernando City in La Union, Alaminos and San Carlos Cities in Pangasinan.

Entry filed under: News.

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