Davao SP OKs P2.6B budget

DAVAO CITY (MindaNews/21 Nov) — The City Council here approved a
P2.59-billion general fund annual budget for next year, 14 percent
higher than the 2006 budget of P2.27 billion.

The budget, submitted by the executive department on Oct. 13, was
unanimously approved on second reading without revisions after going
through six committee hearings.

The executive department labeled the proposed appropriations as “A
budget for peace and progress in Davao City”.

About 72 percent of the budget will go to appropriations for offices
and departments at P1.85 billion. (To be updated)


About mindanaw

A Journalist from Mindanao

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