Bohol PB oks P1.3B budget for 2012

TAGBILARAN CITY ,Philippines  — The Provincial Board of Bohol last Friday approved the annual general fund budget for 2012 amounting to P1,387,922,023, higher than 2011’s over P1.237 million, but with zero capital outlay.

PB Member Cesar Tomas Lopez, who sponsored the budget ordinance, the zero allocation for the capital outlay was due to the reduction of the internal revenue allocation share of about five percent.

Co-sponsors of the measure were Vice Governor Concepcion Lim and PB Members Abeleon Damalerio, Romulo Cepedoza and Godofreda Tirol.

The approval of the budget appeared to be railroaded as the deliberation did not take a while as it used to be and neither did it pass through the three-reading rule because nobody stood up and moved for the exemption to satisfy the procedural purposes, an observer said.

The 2012 IRA amounting to P1,010,825,023 was lower than this year’s and 20 percent of this would be for development fund of more than P202.16 million.

Other sources would be the operating and miscellaneous revenues of P157.3 million, taxes of P49.322 million, extraordinary receipts of P13 million, other receipts of P6.875 million, and PCSO.Lotto share of P600,000.

The biggest allocation, as usual, would be the salaries and wages totaling more than P481.46 million, followed by maintenance and operating expenses of over P337.18 million, budgetary requirements of over P295.86 million, and non-office and special purposes fund of over P272.4 million.

The pork barrel or the PDIP for the vice-governor, vice-governor and PB members amounted to P41.1 million, similar to 2011’s.

Calamity fund of the province has an allocation of more than P60 million, aid to the barangays is over P5.54 million plus P10,000 for each barangay’s development fund.

Debt servicing is pegged at more than P28.15 million while the inter-government aid amounted to over P6.18 million, and gender and development program at over P36.4 million.