Showing posts with label budget. Show all posts
Showing posts with label budget. Show all posts
Tuesday, April 12, 2011
Summary of Annual Budget 2011
Hereunder is the copy of Summary of Annual Budget 2011 of the Municipality of Baco:
Monday, January 31, 2011
Summary of Annual Budget 2010
The Local budget is the LGU's financial plan and instrument for implementing local development plan and its investment program.
It is an authority to spend in compliance with the RA 7160 (Local Government Code)requirement that no money shall be paid out of the local treasury excepy in pursuance of an appropriation ordianance or law (Section 305a)
Source: Celestino, Malvar and Zipagan 1998, Handbook on Local Fiscal Administration in the Philippines.
It is an authority to spend in compliance with the RA 7160 (Local Government Code)requirement that no money shall be paid out of the local treasury excepy in pursuance of an appropriation ordianance or law (Section 305a)
Source: Celestino, Malvar and Zipagan 1998, Handbook on Local Fiscal Administration in the Philippines.
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