Basey’ total income from various sources from 2010 to 2012, are hereunder
presented. For CY 2012 total income increased by 16.23% from 2011; while CY 2011
income decreased by 1.41% from 2010.
Income Sources
|
2012
|
2011
|
2010
|
IRA
|
96,636,146.00
|
99,599,537.41
|
92,077,738.00
|
Other Income
|
23,191,900.98
|
6,502,527.03
|
238,763.91
|
Business Income
|
2,786,665.80
|
178,363.80
|
363,527.94
|
Local Income
|
1,575,521.54
|
1,089,388.93
|
1,102,932.41
|
Permit/Licences
|
900,831.01
|
439,602.10
|
535,210.80
|
Service Income
|
627,089.95
|
350,660.70
|
429,977.40
|
Grants/Donations
|
14,959,125.74
|
||
Total
|
125,718,155.28
|
108,160,079.97
|
109,707,276.20
|
The bulk of
the municipality’s income comes from Internal Revenue Allotment (IRA). Other income
comes from Other Income (Donations/Grants); Business Income (Markets,
Slaughterhouse, Rent); Local Income (Real Property Tax, Special Education Tax);
and Service Income (Clearance Fees, Garbage, Inspection Fees, Medical/Dental
Fees).
Total
Appropriations for CY 2012 amounted to P121,097,768.07; for CY 2011 it was
P103,404,122.13; and for CY 2010 it was P98,721,637.60. Like the budget of the
national government, the law on local budgets is clear: No money can be paid
out of the local treasury without an appropriation ordinance or law passed by
the Local Sanggunian.
Budget
preparation normally begins after the LGUs receive from the Department of
Budget and Management (DBM) a circular advising them of their IRA allotments.
This usually happens on June 15 of every year or earlier. The Budget call
follows: The Mayor asks the heads of various offices and departments to submit
their proposals. The proposals find their way to the finance committee
(composed of Treasurer, Budget Officer and Planning and Development Officer),
which then comes up with a consolidated budget due for submission to the Mayor
for review on or before July 15 of every year. On October 16 each year, the
Mayor presents for legislation the executive budget to the Sanggunian or the local lawmaking body. Finally, the enactment
process follows by the Sanggunian.
The law mandates the Sanggunian to
enact an appropriation ordinance not later than December 31. The Mayor
subsequently approves or vetoes the ordinance.
Expenditures
incurred by the municipality from 2010 to 2012 are presented below. Expenditures
incurred from current appropriations (2012) amounted to P100,530,383.35. There
was an increase of P15,041,053.74 or 17.59% over that of CY 2011. On the other
hand, expenditures for CY 2011 increased by 4.22% over CY 2010.
Function/
Program
|
2012
|
2011
|
2010
|
General Public
Services
|
55,199,230.15
|
50,823,724.86
|
47,408,295.58
|
Health
Services
|
-
|
8,947,408.87
|
7,168,145.67
|
Social
Services
|
14,594.008.17
|
5,218,292.05
|
4,518,064.72
|
Economic
Services
|
9,740,443.73
|
10,074,308.90
|
9,292,396.94
|
Other Purposes
|
20,996,701.30
|
10,425,594.93
|
13,642,242.86
|
Total
|
100,530,383.35
|
85,489,329.61
|
82,029,145.77
|
Source: COA Annual Audit Report