Unlike Zambo, LGUs face empty coffers PDF Print E-mail
Tuesday, 06 August 2013 10:58

Unlike Zamboanga City where the local government unit experiences stable financial condition, local chief executives in other parts of the country are facing empty coffers and huge debts due to alleged poor fiscal management by thier predecessors.

National daily Philippine Star yesterday bannered the story “Local Execs face empty coffers” citing various mayors and governors who are “forced to implement austerity measures” because of deficits incurred by previous administrations.

Among the local executives mentioned were the governor of Misamis Oriental, Manila mayor Joseph Estrada and Vice Mayor Isko Moreno and Gov. Hilario Davide III of Cebu.

Estrada and Moreno, according to the report, earlier called on the previous city administration to account for P3.5 billion in debt owed by the City Government while in Cebu, the new governor claims the former administration left a debt of close to P800 million.

When reached for comment, former Zamboanga City Mayor and now District I Representative Celso Lobregat said the city is the exact opposite of the areas mentioned in the report, as despite rolling out over 4,030 projects amounting to P5.7 billion from 2007 to June 28, 2013, the City still has more than P2 billion to pay for barangays being implemented and up for implementation.

“Zamboanga City does not owe a single centavo to any financial institution,” Lobregat declared.

He said his critics should be apprised of the situation being experienced by new local government executives in other parts of the country where coffers are empty and where the LGUs are in debt.

He added:”Zamboanga is the exact opposite of Misamis Oriental, Manila and Cebu to name a few”. — Rey Carbonel