Lapu-Lapu City Council approves budget of P3.1B for 2023

THE Lapu-Lapu City Council has approved the proposed P3.1 billion annual budget for 2023 on the third and final reading.

The proposed P3,141,330,761 budget for 2023, which includes funds for the operations of the hospital and market and slaughterhouse, which are special accounts, was approved during its regular session Wednesday, Nov. 9, 2022.

About P2,871,781,518 was allocated for the general fund while P250,990,597 was intended for the operation of hospitals and P14,500,000 for the market and slaughterhouse.

For the General Fund Proper, the City allocated P862,909,483 for personal services, P1,519,905,398 for maintenance and other operating expenses, and P27,633,000 for capital outlay.

The budget for other purposes includes P143,589,076 for the Disaster Risk Reduction and Management Fund, P289,054,304 for development projects, P20,720,000 for the aid to barangays, P730,257 for debt servicing, and P7,240,000 for the lump sum appropriation for retirement and other benefits.

Of the Operation of Hospitals Object of Expenditures’ budget, P196,178,391 was allocated for personal services, P52,312,206 for maintenance and other operating expenses, and P2,500,000 for the five percent statutory reserve.

For the Market and Slaughterhouse budget, P11,330,503 was intended for the personal services and P3,169,497 for the maintenance and other operating expenses.

Lapu-Lapu City Mayor Junard “Ahong” Chan earlier said they had allocated a budget to solve problems in the city, particularly flooding, traffic, uncollected garbage, informal settlers, as well as the repair of government facilities that were damaged by Typhoon Odette (Rai) last December.

“We allocated funds for the resolution of the problems of the city included in our priorities such as the problem of flooding, through our drainage projects; traffic, through the making of diversion roads; garbage, through the purchase of additional garbage trucks; informal settlers, through their relocation to safer areas; and finally, the repair of government facilities destroyed by Odette,” Chan said in Cebuano. (MKG)