Zambo City increases local dev’t budget PDF Print E-mail
Sunday, 04 June 2017 17:27

The City Development Council (CDC) has increased the budget of the 2017-2019 Local Development Investment Program (LDIP) to PHP4.232 billion.

In a statement, City Mayor Maria Isabelle Climaco-Salazar, who chairs the CDC, said the council approved on Wednesday the adjusted budget for fiscal year 2018.

Salazar said on Thursday the CDC has increased its appropriation for infrastructure (capital outlay) to PHP1.741 billion, equipment in the amount of PHP488 million, Maintenance and Other Operating Expenses (MOOE) in the amount of PHP952 million and Personnel Services of PHP1.049 billion.

The previous budget of the LDIP is around PHP2.9 billion. Among the identified infrastructures are the construction of new school buildings and road networks.

Under the plan, Salazar said the general services will account for PHP1.379 billion, followed by social services with PHP1.375 billion, economic services PHP1.159 billion, and other services PHP319,203 million.

The LDIP is the basic document that translates local plans into programs, projects and activities, which were identified from a series of consultations with stakeholders.

The bulk of the funds will be sourced out from the national budget.

But it was pointed out in the resolution that in its effort to optimize the utilization of its financial resources, “the city government of Zamboanga has to exercise prudence in planning and fiscal management.”

The adjusted budget was made following consultations and workshops with non-government and people’s organizations and government offices and line agencies the city had conducted on Wednesday.

Annually, the CDC convenes to determine if there is a need for the LDIP to be adjusted.

The three-year LDIP is in parallel to the major thrusts of the local government, especially in the delivery of basic services, peace and order, and to boost the local economy. (Darwin Wally T. Wee/PNA)