02 November 2005
P10 T cash gift now ready for prov’l workers
LINGAYEN – If you see smiling faces of provincial employees nowadays, that’s because funds for their 13th month pay and cash gift of P10,000 have been assured and ready for release by the first week of December.
Provincial Budget Officer Hilaria J. Claveria said the province has set aside P69.68 million to cover payment of the 13th month pay and bonuses which has been deposited in the bank.
She said the province’s employees used to receive P3,000 cash gift but Gov. Victor E. Agbayani directed that an additional P5,000 cash be given starting last year. The amount of P23,413,105.01 was appropriated in the annual budget for the 13th month pay. Claveria said the governor then submitted three supplemental budgets which the Sangguniang Panlalawigan subsequently approved to cover the cash-gifts.
The first supplemental budget amounted to P20,325,784; the second totaled P8,948,050 and the third amounted to P17,000.000 or a total of P69,686,969.01.
Earlier this year, the provincial employees received extra benefits in terms of partial monetization of their leave credits.
Agbayani earlier submitted to the Sangguniang Panlalawigan 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.
Claveria said the proposed 2006 budget included the additional cash gift and benefits for employees.
Next year’s budget will be derived from P49.23 million projected tax revenues and P1.03 billion from general income accounts.
The amount of P474,486,545.00 is allocated for personal services which will cover salaries and wages, clothing allowances, insurances, year-end bonus, cash gifts and other benefits of the employees. (Jennifer P. Domantay/PIO)
Provincial Budget Officer Hilaria J. Claveria said the province has set aside P69.68 million to cover payment of the 13th month pay and bonuses which has been deposited in the bank.
She said the province’s employees used to receive P3,000 cash gift but Gov. Victor E. Agbayani directed that an additional P5,000 cash be given starting last year. The amount of P23,413,105.01 was appropriated in the annual budget for the 13th month pay. Claveria said the governor then submitted three supplemental budgets which the Sangguniang Panlalawigan subsequently approved to cover the cash-gifts.
The first supplemental budget amounted to P20,325,784; the second totaled P8,948,050 and the third amounted to P17,000.000 or a total of P69,686,969.01.
Earlier this year, the provincial employees received extra benefits in terms of partial monetization of their leave credits.
Agbayani earlier submitted to the Sangguniang Panlalawigan 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.
Claveria said the proposed 2006 budget included the additional cash gift and benefits for employees.
Next year’s budget will be derived from P49.23 million projected tax revenues and P1.03 billion from general income accounts.
The amount of P474,486,545.00 is allocated for personal services which will cover salaries and wages, clothing allowances, insurances, year-end bonus, cash gifts and other benefits of the employees. (Jennifer P. Domantay/PIO)
