The Process of Preparing the Budget of Barangay Maliwalo

Under the General Public Services, first we had the program called the “Honoraria for Council and Staff/Personnel” which is being
implemented by the Barangay that started on Jan. 1, 2019 and was completed on Dec. 31, 2019. The funding source of this project is
from the general fund. The P3,550,935.00 was used for personal services, and P1,846,845.00 was used for maintenance and other
operating expenses which totaled P5,397,780.00. Under the Social Services we had the project “Capability Building” which started on
Jan. 1, 2019 and ended on June 30, 2019. Its expected output is for youth involvement in Sports and Dev’t Program which was funded
from the 10% of SK fund. P94,650 was budgeted for maintenance and other expense. Next activity is for Anti-Drug abuse to maintain
peace and order and a drug free environment funded from the 10% of SK fund which incurred P94,650.00. Next we had the
Environmental protection project funded from the 10% of SK fund which totaled P94,650.00 also. For Sports Development, 10% of SK
fund was used for funding that cost P400,000.00. For Health and Nutrition funded from the General Fund, it totaled P562,800.00.
Under economic services, we had Declogging of Drainage Canal which is funded from the 20% of SK fund which totaled P467,492.00.
Next is the Rehabilitation of Drainage Canal funded from he 20% of SK fund that totaled P300,000.00. Lastly, we had Youth
Employment and Livelihood project funded from the 10% of SK fund which totaled P94,650.00. This annual investment program by
Sector are prepared by the Barangay Secretary Irene R. Dijamco, Barangay Treasurer Remenecere S. Bulos and attested by Jonel V.
Tadaya, our Punong Barangay.

An Ordinance Appropriating Funds for Barangay Maliwalo assembled:

Section 1. Source of Funds. The following income indicated are hereby declared and as sources of funds particularly the Tax Revenue
and Operating and Miscellaneous Income which are realistic and probable to be collected and necessary to finance the development of
BARANGAY MALIWALO from January 1 to December 31, 2019.
The estimated budget for the year are:
For Share on Real Property Taxes P472,295.00
Share from Internal Revenue Collection P8,990,747.00
Subsidy from the City P 2000.00
Total Available Resources P 8,465,042.00

Section 2. The following sums or so much thereof for basic services delivery and implementation of priority development projects.
CURRENT OPERATING EXPENDITURES
Honorarium of Barangay Officials P 4,040,340.0
Cash Gifts P 55,000.00
Year End Bonus P 148,000
TOTAL P.S P 4,243,340.00

The office of Punong Baranggay Maliwalo present the Annual Budget for the Fiscal Year 2019 amounting to NINE MILLION FOUR
HUNDRED SIXTY FIVE THOUSAND FORTY TWO (9,465,042.00)

Estimated Income
Share on Real Property Tax 472,295.00
Share from Internal Revenue Collection 8,990747.00
Subsidy from Other LGU 2000.00
Total Available Resources 9,465,042.00

An amount equivalent to 20% of the estimated (IRA) share has been set aside for the Barangay Development Plan (BDP) which
amounting to P 1,798,149.00