Dagupan mayor proposes P691 million annual budget

By November 2, 2014Inside News, News

THE Sangguniang Panlungsod (SP) has started conducting budget hearings with department heads for the purpose of approving the 2015 annual city budget proposed by the office of Mayor Belen Fernandez in the amount of P691 million.

The proposed annual budget of P691 million was submitted to the SP by City Administrator Farah Decano as early as October 2.

City Budget Officer Luz de Guzman said the budget was 14 days ahead of the Oct. 16 deadline set by the Department of Budget and Management (DBM) for submission of the annual budget.

The proposed annual budget allocated funds for the General Public Services, P653 million; Social Services, P237 million; Economic Services, P151 million; and others, P7 million.

Also submitted along were the Annual Investment Plan (AIP) of P1.757 million; Gender and Development (GAD) plan, which is not less than five per cent of the annual budget; 20 per cent development fund, more than P74 million; and City Disaster Risk and Reduction Management Plan, P34.5 million.

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