STATEMENT OF RECEIPTS AND EXPENDITURES CY2012

SRE/Q4/2012

STATEMENT OF RECEIPTS AND EXPENDITURES

LGU: ISLAND GARDEN CITY OF SAMAL

PERIOD COVERED: Q4 / 2012

Particulars

Income Target/ Budget Appropriation

General Fund

SEF

Total

LOCAL SOURCES

65,587,200.00

76,535,264.50

13,464,724.71

89,999,989.21

TAX REVENUE

28,616,000.00

24,652,075.27

13,395,837.88

38,047,913.15

Real Property Tax

14,850,000.00

9,377,086.51

13,395,837.88

22,772,924.39

Tax on Business

10,966,000.00

11,668,887.02

0.00

11,668,887.02

Other Taxes

2,800,000.00

3,606,101.74

0.00

3,606,101.74

NON-TAX REVENUE

36,971,200.00

51,883,189.23

68,886.83

51,952,076.06

Regulatory Fees (Permits and Licenses)

13,414,700.00

9,771,695.77

0.00

9,771,695.77

Service/User Charges (Service Income)

8,965,500.00

10,407,612.24

0.00

10,407,612.24

Receipts from Economic Enterprises (Business Income)

12,531,000.00

7,951,062.93

0.00

7,951,062.93

Other Receipts (Other General Income)

2,060,000.00

23,752,818.29

68,886.83

23,821,705.12

EXTERNAL SOURCES

321,767,033.00

338,774,543.03

0.00

338,774,543.03

Internal Revenue Allotment

321,647,033.00

324,612,894.00

0.00

324,612,894.00

Other Shares from National Tax Collections

120,000.00

120,264.03

0.00

120,264.03

Inter-Local Transfers

0.00

0.00

0.00

0.00

Extraordinary Receipts/Grants/Donations/Aids

0.00

14,041,385.00

0.00

14,041,385.00

TOTAL CURRENT OPERATING INCOME

387,354,233.00

415,309,807.53

13,464,724.71

428,774,532.24

ADD: SUPPLEMENTAL BUDGET (UNAPPROPRIATED SURPLUS) FOR CURRENT OPERATING EXPENDITURES

0.00

0.00

0.00

0.00

TOTAL AVAILABLE FOR CURRENT OPERATING EXPENDITURES

387,354,233.00

415,309,807.53

13,464,724.71

428,774,532.24

LESS: CURRENT OPERATING EXPENDITURES (PS + MOOE + FE)

       

General Public Services

190,356,671.16

179,307,650.72

0.00

179,307,650.72

Education, Culture & Sports/Manpower Development

10,442,700.00

0.00

8,964,426.79

8,964,426.79

Health, Nutrition & Population Control

37,365,229.32

36,007,691.02

0.00

36,007,691.02

Labor and Employment

0.00

0.00

0.00

0.00

Housing and Community Development

1,144,889.60

869,254.20

0.00

869,254.20

Social Services and Social Welfare

56,096,423.81

47,169,905.85

0.00

47,169,905.85

Economic Services

77,767,525.93

70,247,653.09

0.00

70,247,653.09

Debt Service (FE) (Interest Expense & Other Charges)

5,000,000.00

2,829,758.04

0.00

2,829,758.04

TOTAL CURRENT OPERATING EXPENDITURES

378,173,439.82

336,431,912.92

8,964,426.79

345,396,339.71

NET OPERATING INCOME/(LOSS) FROM CURRENT OPERATIONS

9,180,793.18

78,877,894.61

4,500,297.92

83,378,192.53

ADD: NON-INCOME RECEIPTS

       

CAPITAL/INVESTMENT RECEIPTS

0.00

64,374.55

0.00

64,374.55

Proceeds from Sale of Assets

0.00

64,374.55

0.00

64,374.55

Proceeds from Sale of Debt Securities of Other Entities

0.00

0.00

0.00

0.00

Collection of Loans Receivables

0.00

0.00

0.00

0.00

RECEIPTS FROM LOANS AND BORROWINGS

0.00

0.00

0.00

0.00

Acquisition of Loans

0.00

0.00

0.00

0.00

Issuance of Bonds

0.00

0.00

0.00

0.00

OTHER NON-INCOME RECEIPTS

0.00

0.00

0.00

0.00

TOTAL NON-INCOME RECEIPTS

0.00

64,374.55

0.00

64,374.55

ADD: SUPPLEMENTAL BUDGET FOR CAPITAL OUTLAY

0.00

0.00

0.00

0.00

TOTAL AMOUNT AVAILABLE FOR CAPITAL EXPENDITURES

0.00

64,374.55

0.00

64,374.55

LESS: NON-OPERATING EXPENDITURES

       

CAPITAL/INVESTMENT EXPENDITURES

344,405,423.75

86,207,037.59

202,050.00

86,409,087.59

Purchase/Construct of Property Plant and Equipment (Assets/Capital Outlay)

344,405,423.75

86,207,037.59

202,050.00

86,409,087.59

Purchase of Debt Securities of Other Entities (Investment Outlay)

0.00

0.00

0.00

0.00

Grant/Make Loan to Other Entities (Investment Outlay)

0.00

0.00

0.00

0.00

DEBT SERVICE (Principal Cost)

18,566,773.64

9,066,106.84

0.00

9,066,106.84

Payment of Loan Amortization

18,566,773.64

9,066,106.84

0.00

9,066,106.84

Retirement/Redemption of Bonds/Debt Securities

0.00

0.00

0.00

0.00

OTHER NON-OPERATING EXPENDITURES

0.00

0.00

0.00

0.00

TOTAL NON-OPERATING EXPENDITURES

362,972,197.39

95,273,144.43

202,050.00

95,475,194.43

NET INCREASE/(DECREASE) IN FUNDS

-353,791,404.21

-16,330,875.27

4,298,247.92

-12,032,627.35

ADD: CASH BALANCE, BEGINNING

166,112,169.62

161,539,153.53

4,573,016.09

166,112,169.62

FUND/CASH AVAILABLE

-187,679,234.59

145,208,278.26

8,871,264.01

154,079,542.27

Less: Payment of Prior Year/s Accounts Payable

44,594,680.57

42,193,254.50

2,401,426.07

44,594,680.57

CONTINUING APPROPRIATION

285,722,060.59

101,354,549.93

0.00

101,354,549.93

ADD: ADVANCE PAYMENT FOR RPT

0.00

0.00

0.00

0.00

FUND/CASH BALANCE, END

-517,995,975.75

1,660,473.83

6,469,837.94

8,130,311.77

 

GF

SEF

TOTAL

FUND/CASH BALANCE, END

1,660,473.83

6,469,837.94

8,130,311.77

Amount set aside to finance projects with appropriations

     

provided in the previous years (Continuing appropriations)

49,679,931.66

644,119.38

50,324,051.04

Amount set aside for payment of Accounts Payable

21,857,552.89

819,771.16

22,677,324.05

Amount set aside for Obligation not yet Due and Demandable

4,187,337.63

320,450.80

4,507,788.43

Amount Available for appropriations/operations

-74,064,348.35

4,685,496.60

-69,378,851.75

Total Assets (net of accumulated depreciation)

610,923,921.65

     

Certified Correct: (SGD.) MERLINA G. CABALLERO

City Treasurer

 

Generated by MARITES DE LA TORRE CORSIGA on 15/08/2016 1.06 PM


 

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