Browsing All posts tagged under »fiscal management«

Capitol budget for printing, binding cut from P5M to P1M

September 11, 2012


The Cebu Provincial Board (PB) slashed by P4 million the P271,965,000 of the Capitol’s Supplemental Budget 1. In yesterday’s regular session the board to P1 million from P5 million the budget for printing and binding under the item for Public Information Officer (PIO). Vice Gov. Agnes Magpale said they made the decision after the Capitol’s […]

Cebu City collects P3-B taxes

August 10, 2012


About P3 billion in taxes were collected by Cebu City from January to August 6 this year. A big chunk of the taxes came from the business tax amounting to more than P1 billion. The City Treasurer’s Office earned P5.2 billion last year. New City Treasurer Emma Villarete said they hope to pass that amount […]

City Hall vacancies unfilled over low budget

August 4, 2012


City Hall has at least 76 vacancies for regular positions. These positions have not been filled yet due to budget constraints. Atty. Evangeline Abatayo, acting chief of the Human Resources and Development Office (HRDO), said the city only has P2 million left in its personnel budget or just enough to hire three new regular employees. […]

Rama to outline budget cuts to city residents

December 1, 2011


If the Cebu City Council makes good on its plan to cut his budget by more than half, Cebu City Mayor Michael Rama said he will display in tarpaulins the items that the council didn’t approve to inform the public. Rama warned the council against slashing his proposed P11.8-billion budget for next year, saying the […]

Council mulls cutting P10.8-B budget by half

November 30, 2011


    The Cebu City Council may cut by half the P11.8-billion proposed budget for next year after it found out that the city has no enough source of funds for it. Vice Mayor Joy Augustus Young said the council has so far identified P2.5 billion to fund next year’s budget, including the P870.8-milion Internal […]

Council questions funds under mayor

November 24, 2011


The Cebu City Council questions the appropriations for capital outlay of the different departments and special bodies under the mayor’s office Councilor Margot Osmeña, chairman of the budget committee, said she is certain this was not practiced before. She recounted that when she chaired the Commission for the Protection and Welfare of Children her husband, […]

Capitol budget

November 21, 2011


THE Cebu Provincial government’s proposed P3.6-billion budget for 2012 was passed on second reading by the Provincial Board yesterday. But before it was approved, Provincial Board (PB) member Sun Shimura raised a concern over the allocation of the district hospitals. He specifically raised concern over the P8-million allocated budget for the Daanbantayan District Hospital. Shimura […]

City Council questions police, city health dept budgets

November 21, 2011


CEBU City Hall’s marathon budget hearings continued with questions by the City Council on the amounts allocated for the Cebu City police and the City Health Department. Cebu City Councilor Margot Osmeña questioned the P205 million budget appropriated for the Cebu City Police Office (CCPO), saying it’s a huge amount considering they also receive a […]

‘City can only raise P601 M from projected P4-B revenues’

November 18, 2011


The Cebu City government may have to accept a “skin-and-bones” budget next year after executives failed to convince the City Council there would be enough funds to support Mayor Michael Rama’s proposed budget of P11.8 billion. “Most of our income sources have been going down during the last four years. How will you justify an […]

City asks reconsideration on Rallos lot case ruling

November 9, 2011


The Cebu City government won’t simply yield in its court dispute with the Rallos heirs. The city is seeking the annulment of the court decision that mandated them to pay at least P133 million to the heirs of Rev. Fr. Vicente Rallos whose lot the city purportedly expropriated for a road in 1963. Lawyer Jade […]