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AND FINANCIAL STATEMENTS
Sound fiscal management has always been the guiding principle of the provincial government. Its financial resources are prudently spent, so that its every outflow would eventually impart better lives to the people.
For 2005, the annual budget is P159,049,783.97, which is 10.75% lower than the 2004 annual budget of P178,199,573.67
The Comparative Statement of Operation for fiscal years 2004 and 2005, as shown in Annex C, shows that the total income (considering both general fund and SEF) reached P177,238,903.09 from the previous P178,238,903.00 or a decrease of P1,209,868.09. However, the total expenditures decreased from P178,199,573.67 to P177,237,931.32.
In the 2005 Statement of Fund Operation (Local Budget Preparation Form No. 157), the total sectoral appropriations are as follows: general services - P40,931,625.75; economic services - P200,000.00; and social services - P3,740,960.00.
The 3-year revenue-expenditure (general fund) pattern presented below shows a 5.5% increase in revenue from 2003 to 2004 but had slightly decreased by 0.67% from 2004 to 2005. Likewise, it shows that expenditures correspondingly increased by 5.4% for 2003 and 2004 and had as well decreased by 5.4% for the years 2004 and 2005.
SUMMARY OF INCOME AND EXPENDITURES
CY 2003 - 2005
| 2003 | 2004 | 2005 | |
| Total Income | P169,142,145.00 | P178,448,771.09 | P177,238,903.00 |
| Total Expenditures | P169,049,703.07 | P178,199,573.67 | P177,237,931.72 |
Main
| HOME Foreword Message Brief Description of the Province of Biliran Basic Socio-economic and Demographic Data Political Condition Peace and Order Condition General and Sectoral Development Objectives Physical Framework Plan/ Land Use Plan Organization and Management Local Offices and Functions Organizational Structure Personnel Complement Accomplishment Report Medical, Health, and Nutrition Programs Social Welfare and Development Services Agriculture and Fishery Veterinary Services Environmental Protection & Eco-tourism Infrastructure Development Fiscal Administration Other Accomplishments Budget Performance and Financial Statements Comparative Data for the Year Preceding the Year Under Review Revenue Expenditure Pattern for Three Years Analysis of the Delivery of Basic Services vs. Budgetary Expenditures on a Sectoral Basis Local Legislation Report of the Sanggunian in the Exercise of its Legislative Power Results of Oversight and Review Functions Annexes Annex A Sangguniang Panlalawigan Accomplishments, CY 2005 (List of Selected SP Resolutions) Annex B Accomplishment Report of the Office of the Provincial Engineer (List of Completed/Ongoing Infrastructure Projects, CY 2005) Annex C Financial Statements Annex D Statement of Fund Operation |