City starts consultations on 2015 executive budget PDF Print E-mail
Wednesday, 23 July 2014 11:52

Marathon hearings for the 2015 Executive Budget commenced Monday, July 21 with the hope of finalizing the proposal for submission to the City Council in due time.

Mayor Beng Climaco presided over the hearing together with the Finance Committee concentrating on the requirements for maintenance and other operating expenses (MOOE) of the different national high schools, the Regional Trial Court and Municipal Trial Court branches, Shari’a District Court and Office of the City Prosecutor.

Held at the City Hall conference room, the series of budget hearings will be from July 21-25 and July 28-29 to cover all sectors, agencies and offices concerned.

School principals and administrators, as well as representatives from the other agencies presented their budgets and targets for consideration in the proposed 2015 budget.

The mayor and the City Finance Committee started preparations for next year’s budget with the Barangay Budget forum last June 9 at Centro Latino.

During the budget forum, the mayor emphasized that the 2015 budget will be focused on her administration’s goal of achieving rapid growth and inclusive development.

This, she said, is in the context of effective public expenditure and financial management aimed at spending within means (aggregate fiscal discipline), spending on the right priorities (allocative efficiency) and spending with value-for-money (operational efficiency).

She expressed belief that central to the process of realizing her administration’s goals on security, health and education is to empower the people stressing that the civil society organizations, the private sector the City Development Council and other stakeholders must be involved in preparing the annual budget and get their feedback in the proposed programs and projects of the local government. — Sheila Covarrubias