Browsing All posts tagged under »budget«

Rama okays P5.2 billion budget, but retains veto

January 9, 2013

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While he signed the P5.2 billion budget for Cebu City this year, Mayor Michael Rama said he isn’t finished arguing with the City Council. In a veto letter sent to the council dated Jan. 7 Rama outlined his objections to the council’s reduction of several items he made a priority. “The reduction or putting zero […]

PB to slash Capitol budget

January 8, 2013

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THE Cebu Provincial Board will reduce the P3.6 billion budget for 2013 proposed by suspended Gov. Gwendolyn Garcia to make it “more realistic.” “We will have a budget of less than P3 billion but more than P2 billion,” said PB Member Peter John Calderon, chairman of the committee on budget and appropriations. “Our basic services […]

More unpaid bills: Travel agency, food caterers, others seek payment

January 5, 2013

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Anxious to get paid, more suppliers went to see Acting Gov. Agnes Magpale yesterday to present their bills for services rendered before she took over last Dec. 19. They include a travel agency which said the Province of Cebu owed P1.5 million for local and foreign trips, and a food caterer with unpaid catering bills […]

Rama No papers, no 2013 budget

January 5, 2013

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Cebu City Mayor Michael Rama won’t sign the 2013 budget ordinance until he’s furnished a complete copy of the papers for his review. In yesterday’s noontime press conference, Mayor Rama said he was interested in seeing the breakdown of the P1.5 billion which the City Council cut from his P6.7 billion budget proposal. The council […]

Acting Gov. Magaple asks DILG for audit of Capitol finances

December 29, 2012

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Acting Gov. Agnes Magpale has asked the Dept. of Interior and Local Government to conduct a “thorough audit” of finances of the Capitol a day after the provincial treasurer reported cash flow problems and P200 million in payables. Magpale, who described the situation as apparent “deficit spending”, said she wrote the DILG central office for […]

Capitol faced with tight cash flow, P200 million in payables; burden falls on Acting Gov. Magpale

December 28, 2012

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Barely a week after Cebu Gov. Gwen Garcia’s suspension, several big bills have arrived at the Capitol for payment. Provincial Treasurer Roy Salubre told acting Gov. Agnes Magpale the provincial government is short of cash to settle all of them immediately, obligations worth P200 million. He presented a cash report showing P90 million available in […]

P5.2B city budget ‘better than nothing’

December 28, 2012

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Cebu City Mayor Michael Rama didn’t get his P6.7 billion budget for next year but he said the P5.2 billion budget approved yesterday by the City Council was “better than nothing.” Rama said he will tap private sector partners to help carry out projects not funded in the annual budget. “Even if the 2012 budget […]

Capitol gets P200 M bills

December 27, 2012

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Barely a week after Cebu Gov. Gwen Garcia’s suspension,  several big bills have arrived at the Capitol for payment. Provincial Treasurer Roy Salubre told acting Gov. Agnes Magpale the provincial government is short of cash to settle all of them. In a press conference, Salubre said the bills are for purchased Suroy-Suroy mini buses, food […]

Council agrees on P5.2 billion budget for Cebu City

December 27, 2012

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CEBU City Mayor Michael Rama will have to maximize the P5.2 billion budget agreed upon by the Cebu City Council which will pass an ordinance for this purpose in a special 9 a.m. session today. The annual budget is P1.5 billion short of Rama’s proposed P6.7 billion which was already scaled down from his original […]

Additional 10 percent for medicines bigger medicine budget sought by CCMC

December 23, 2012

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MEDICINES sold to patients in the Cebu City Medical Center (CCMC) carry a 10 percent additional charge even though the facility is a government hospital. CCMC chief Dr. Gloria Duterte told the council’s budget committee this is part of the hospital’s revenue generation efforts. During the budget hearing, Councilor Rodrigo Abellanosa clarified reports that patients […]