The government has a statutory ceiling of 20% on debt service.
Below is the Municipality of Baco's Statement of Debt Service for the Year 2010
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This site was established to comply with DILG MC 2010-83 regarding Full Disclosure of Local Budget and Finances and Bids and Public Offerings. It features the Municipality of Baco's Annual Budget, Statement of Cash Flows, Statement of Income and Expenditures and other related financial records to ensure transparency and accountability.
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