Oca bares healthy city finances in address
CITY OF SAN FERNANDO– “Hindi bangkarote ang siyudad.”
This statement made by Mayor Oscar Rodriguez on the stable finances of the city was met with much applause by his constituents during his last State of the City Address (SOCA) held at the Heroes Hall yesterday.
According to the mayor, the city has a P400-million time deposit at the Land Bank of the Philippines, P100 million at the Veterans Bank and P200 million ready cash which means that the city government’s finance is in good condition.
Rodriguez said in 2005, the city government was 53.5% dependent on its internal revenue allotment (IRA), but this has been reduced to 42% in 2012.
“This year, we are only 32 percent IRA dependent,” he said.
For this year, the mayor said the city government has approved a budget of P1.2 billion.
“Ang lahat ng ito ay nangangahulugan lamang na lumalakas ang ating lokal na ekonomiya at ang siyudad ay nakakalikom ng palaki ng palaking halaga ng revenue para ipantustos sa ating mga programang pangkalasugan, edukasyon, pabahay, pangkabuhayan, trabaho at imprastraktura,” the mayor stressed.
With the use of the Performance Governance System (PGS) the city government’s issuance of business permits has improved from the two-week turnaround to only 23 minutes.
To date, the city government has completed some P500 million in infrastructure projects funded the local government and P2 billion projects from the national government.
The mayor also thanked the Multi Sectoral Governance Council (MSGC) for their support in making this city a Habitat for Human Excellence and for improving its economic stability. ●Marna Dagumboy-del Rosario
http://www.headlinegl.com/oca-bares-healthy-city-finances-in-address/
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0922-870-5178
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How to get to this fine-dining restaurant in Clark Philippines? Once you get to Clark Freeport, go straight until you hit Mimosa. After you enter Mimosa, stay on the left on Mimosa Drive, go past the Holiday Inn and Yats Restaurant (green top, independent 1-storey structure) is on your left. Just past the Yats Restaurant is the London Pub.
Yats Restaurant & Wine Bar
Mimosa Drive past Holiday Inn, Mimosa Leisure Estate,
Clark Freeport Zone, Pampanga, Philippines 2023
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay
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