STATEMENT OF RECEIPTS AND EXPENDITURES CY 2017

Created: 19 March 2018 Published Date Hits: 79

SRE/Q2/2017

BUREAU OF LOCAL GOVERNMENT FINANCE
DEPARTMENT OF FINANCE
http://blgf.gov.ph/
STATEMENT OF RECEIPTS AND EXPENDITURES
LGU: ISLAND GARDEN CITY OF SAMAL         
Period Covered: Q4, 2017          
Particulars Income Target/ Budget Appropriation General Fund SEF Total
LOCAL SOURCES 88,379,000.00 86,452,920.30 20,700,456.97 107,153,377.27
TAX REVENUE 48,010,000.00 40,659,120.60 17,287,060.94 57,946,181.54
     Real Property Tax 24,000,000.00 12,100,942.66 17,287,060.94 29,388,003.60
     Tax on Business 18,460,000.00 20,170,117.88 0.00 20,170,117.88
     Other Taxes 5,550,000.00 8,388,060.06 0.00 8,388,060.06
NON-TAX REVENUE 40,369,000.00 45,793,799.70 3,413,396.03 49,207,195.73
     Regulatory Fees (Permits and Licenses) 13,429,500.00 15,639,303.08 0.00 15,639,303.08
     Service/User Charges (Service Income) 14,076,500.00 14,470,451.80 0.00 14,470,451.80
     Receipts from Economic Enterprises (Business Income) 10,998,000.00 13,275,333.29 0.00 13,275,333.29
     Other Receipts (Other General Income) 1,865,000.00 2,408,711.53 3,413,396.03 5,822,107.56
EXTERNAL SOURCES 532,050,000.00 549,234,572.64 0.00 549,234,572.64
     Internal Revenue Allotment 532,000,000.00 549,049,580.00 0.00 549,049,580.00
     Other Shares from National Tax Collections 50,000.00 184,992.64 0.00 184,992.64
     Inter-Local Transfers 0.00 0.00 0.00 0.00
     Extraordinary Receipts/Grants/Donations/Aids 0.00 0.00 0.00 0.00
TOTAL CURRENT OPERATING INCOME 620,429,000.00 635,687,492.94 20,700,456.97 656,387,949.91
ADD: SUPPLEMENTAL BUDGET (UNAPPROPRIATED SURPLUS) FOR CURRENT OPERATING EXPENDITURES 283,712,435.34 0.00 0.00 0.00
TOTAL AVAILABLE FOR CURRENT OPERATING EXPENDITURES 904,141,435.34 635,687,492.94 20,700,456.97 656,387,949.91
LESS: CURRENT OPERATING EXPENDITURES (PS + MOOE + FE)        
    General Public Services 270,267,561.08 235,518,483.67 0.00 235,518,483.67
    Education, Culture & Sports/Manpower Development 7,027,403.00 0.00 6,156,968.68 6,156,968.68
    Health, Nutrition & Population Control 52,169,856.05 45,620,016.87 0.00 45,620,016.87
    Labor and Employment 0.00 0.00 0.00 0.00
    Housing and Community Development 0.00 0.00 0.00 0.00
    Social Services and Social Welfare 42,242,208.11 32,055,258.92 0.00 32,055,258.92
    Economic Services 111,950,293.18 92,093,483.49 0.00 92,093,483.49
    Debt Service (FE) (Interest Expense & Other Charges) 6,500,000.00 3,323,009.49 0.00 3,323,009.49
TOTAL CURRENT OPERATING EXPENDITURES 490,157,321.42 408,610,252.44 6,156,968.68 414,767,221.12
NET OPERATING INCOME/(LOSS) FROM CURRENT OPERATIONS 413,984,113.92 227,077,240.50 14,543,488.29 241,620,728.79
ADD: NON-INCOME RECEIPTS        
CAPITAL/INVESTMENT RECEIPTS 0.00 0.00 0.00 0.00
     Proceeds from Sale of Assets 0.00 0.00 0.00 0.00
     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 35,950,000.00 0.00 35,950,000.00
     Acquisition of Loans 0.00 35,950,000.00 0.00 35,950,000.00
     Issuance of Bonds 0.00 0.00 0.00 0.00
OTHER NON-INCOME RECEIPTS 0.00 18,487,964.37 0.00 18,487,964.37
TOTAL NON-INCOME RECEIPTS 0.00 54,437,964.37 0.00 54,437,964.37
ADD: SUPPLEMENTAL BUDGET FOR CAPITAL OUTLAY 0.00 0.00 0.00 0.00
TOTAL AMOUNT AVAILABLE FOR CAPITAL EXPENDITURES 0.00 54,437,964.37 0.00 54,437,964.37
LESS: NON-OPERATING EXPENDITURES        
CAPITAL/INVESTMENT EXPENDITURES 517,942,731.06 85,287,923.20 6,383,256.69 91,671,179.89
    Purchase/Construct of Property Plant and Equipment  (Assets/Capital Outlay) 517,942,731.06 85,287,923.20 6,383,256.69 91,671,179.89
    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) 19,500,000.00 13,507,196.48 0.00 13,507,196.48
    Payment of Loan Amortization 19,500,000.00 13,507,196.48 0.00 13,507,196.48
    Retirement/Redemption of Bonds/Debt Securities 0.00 0.00 0.00 0.00
OTHER NON-OPERATING EXPENDITURES 0.00 7,842,781.12 0.00 7,842,781.12
TOTAL NON-OPERATING EXPENDITURES 537,442,731.06 106,637,900.80 6,383,256.69 113,021,157.49
NET INCREASE/(DECREASE) IN FUNDS -123,458,617.14 174,877,304.07 8,160,231.60 183,037,535.67
ADD: CASH BALANCE, BEGINNING 256,037,555.70 239,882,396.64 16,155,159.06 256,037,555.70
FUND/CASH AVAILABLE 132,578,938.56 414,759,700.71 24,315,390.66 439,075,091.37
Less: Payment of Prior Year/s Accounts Payable 26,026,467.57 20,367,972.27 5,658,495.30 26,026,467.57
CONTINUING  APPROPRIATION 106,552,470.99 61,151,155.17 0.00 61,151,155.17
ADD: ADVANCE PAYMENT FOR RPT 0.00 539,281.45 770,402.05 1,309,683.50
FUND/CASH BALANCE, END 0.00 333,779,854.72 19,427,297.41 353,207,152.13
  GF SEF TOTAL
FUND/CASH BALANCE, END 333,779,854.72 19,427,297.41 353,207,152.13
Amount set aside to finance projects with appropriations      
     provided in the previous years (Continuing appropriations) 196,311,847.09 6,880,431.31 203,192,278.40
Amount set aside for payment of Accounts Payable 46,977,807.66 1,162,687.96 48,140,495.62
Amount set aside for Obligation not yet Due and Demandable 32,403,610.22 1,432,900.00 33,836,510.22
Amount Available for appropriations/operations 58,086,589.75 9,951,278.14 68,037,867.89
Total Assets (net of accumulated depreciation) 1,339,412,552.02        
      Certified correct:    
        MERLINA G. CABALLERO, CPA
        City Treasurer