675 MILLION BUDGET FOR 2006 ALREADY SUBMITTED TO SP

     Mayor Evelio R. Leonardia said Bacolod City’s proposed budget of 675 Million for calendar year 2006, has been submitted to the Sangguniang Panlungsod last October 14.
     The 2006 budget is 25 Million Pesos more than this year’s budget. P264,324,014 is allocated for General Services, P176,551,466 for Social Expenditures, P87,827,929 for Economic Expenditures and P146,296,591 for other purposes that may be needed.
     In his budget message, the Mayor said revenue generation must be enhanced by formulating and implementing strategies to increase collection efficiency. He said we may consider the revision of the taxation rates in our Local Revenue Code to be comparable with the local rates imposed by other key cities.
     He said one of our paramount concerns of this administration is Road Networking in order to ease traffic congestion in the city.  The Mayor said that we must make public transport and transporting of produce easy.  It is one of the most important economic services we can extend to our people.
     The Mayor noted that despite of the busy schedule during the MassKara, the City Mayor’s Office was still able to submit the 2006 budget to the SP on time.  The office of City Budget office Luzviminda Treyes is credited for the timely submission of the 2006 budget.  The city’s budget in this administration is submitted earlier than the 16^th of October deadline.  That is for the purpose of giving the Sanggunian ample time to deliberate on the budget, he said.
     Leonardia pointed out that P28 Million is allocated for any possible salary increase or other privileges that the national government may approve for  the city government employees. (PIO/CMO)  

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