26 October 2005
P1.084 B outlay proposal covers new dev’t programs
LINGAYEN – Governor Victor E. Agbayani stressed the need to continue innovations and reforms, strengthen existing programs, and forge new partnerships with the private sector to eventually win the war against poverty in the province.
“We shall continue to build further on our achievements in agriculture, infrastructure, human resources development, population and health care, education, tourism, investment, trade and other areas of development,” Agbayani said in his budget message to the Sangguniang Panlalawigan.
The governor expressed optimism that the province will be able to “kick-start new engines of growth” with the proposed annual budget for fiscal year 2006 amounting to P1,084,333,320.00 or P83.70 million higher than this year’s budget.
He said more programs and projects will be pursued in agriculture, infrastructure, environment conservation, population management, health and nutrition, trade and tourism, low-cost housing and livelihood projects for marginal families.
“It is also imperative for us to put in place more realistic and sustainable programs to make our people more economically productive and self-sufficient,” Agbayani said.
This means, he said, that the province will further strengthen and expand its Provincial Livelihood Assistance Program, Gender and Development Program, Small and Medium Enterprises Development Program, and the Goat Breeding and Trading Program.
Next year’s budget shall be derived from P49.23 million projected tax revenues and P1.03 billion from general income accounts.
Out of the total budget, the amount of P474,486,545.00 is allocated for personal services such as salaries and wages, clothing allowance, insurances, year-end bonus, cash gifts and other benefits.
The proposed budget for maintenance and other operating expenses totals P607,479,275.00, while P2,367,500.00 has been set aside for capital outlay.
The rest of the 2006 budget has been earmarked as development fund, P322,795,000.00; calamity fund, P54,216,665.00; and other non-office accounts, P164,012,120.00. (Jennifer Domantay/PIO)
“We shall continue to build further on our achievements in agriculture, infrastructure, human resources development, population and health care, education, tourism, investment, trade and other areas of development,” Agbayani said in his budget message to the Sangguniang Panlalawigan.
The governor expressed optimism that the province will be able to “kick-start new engines of growth” with the proposed annual budget for fiscal year 2006 amounting to P1,084,333,320.00 or P83.70 million higher than this year’s budget.
He said more programs and projects will be pursued in agriculture, infrastructure, environment conservation, population management, health and nutrition, trade and tourism, low-cost housing and livelihood projects for marginal families.
“It is also imperative for us to put in place more realistic and sustainable programs to make our people more economically productive and self-sufficient,” Agbayani said.
This means, he said, that the province will further strengthen and expand its Provincial Livelihood Assistance Program, Gender and Development Program, Small and Medium Enterprises Development Program, and the Goat Breeding and Trading Program.
Next year’s budget shall be derived from P49.23 million projected tax revenues and P1.03 billion from general income accounts.
Out of the total budget, the amount of P474,486,545.00 is allocated for personal services such as salaries and wages, clothing allowance, insurances, year-end bonus, cash gifts and other benefits.
The proposed budget for maintenance and other operating expenses totals P607,479,275.00, while P2,367,500.00 has been set aside for capital outlay.
The rest of the 2006 budget has been earmarked as development fund, P322,795,000.00; calamity fund, P54,216,665.00; and other non-office accounts, P164,012,120.00. (Jennifer Domantay/PIO)
