The executive department has submitted to the City Council its proposed Supplemental Budget No. 2 and it is now under deliberation by the Committee on Finance headed by Councilor Myrna Dalodo Ortiz.
Major sources for the additional budget is the Landbank loan of P114 million against the internal revenue differential for calendar years 2001 and 2004, reversions of P99 million and new IRA shares of P9.8 million.
The big ticket appropriations are personnel services that include the 10 percent salary increase effective July 2008 – P28 million; cash gift – P42 million; and adjustments in contract of services – P55.5 million.
Peace and order at P30 million; garbage hauling services at P23 million; streetlighting at P11 million and canal and drainage at P10 million eat up most of the other services.
Other interesting items include P5.4 million for the “wireless wide area network” at the City Treasurer’s Office; P3.5 million for the Kadayawan; P2.5 million for tourism promotions; P1.8 million additional gasoline at the City Council; and P800,000 for the newly created Local Housing Board.
The committee hearing on the proposed budget is open to the public for those interested to know more.