DAGUPAN CITY– The city council passed on third and final reading Dagupan’s annual budget for 2018 in the amount of PHP948 million during its regular session Monday afternoon.
Councilor Jeslito Seen, chairman of the committee on appropriations, said next year’s budget is PHP80-million bigger than the current annual budget of PHP868 million.
He explained this is needed to finance the implementation of the third tranche of the salary standardization of officials and regular employees of the city government next year.
Additional 14 employees of the health sector will also be hired in view of the start of operation of the Dagupan City Diagnostic Center built by the Department of Health with counterpart from the city government beginning early January next year.
Seen said the city disaster fund comprising five percent of the budget was also increased to PHP152 million.
In addition, PHP106 million was set aside by the council for the 20-percent development fund.
Of the PHP948-million budget next year, PHP329,821,985 will go to personal service, PHP421,904,143 for maintenance and other operational expenses (MOOE), PHP167,886,901 for capital outlaw, and PHP28,384,000 for financial expenses. (PNA)
