STATEMENT OF RECEIPTS AND EXPENDITURES CY2013

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Parent Category: Financial Reports Category: TREASURER'S REPORT

SRE/Q4/2013
SRE/Q4/2012

SRE/Q4/2013

STATEMENT OF RECEIPTS AND EXPENDITURES

LGU: ISLAND GARDEN CITY OF SAMAL

PERIOD COVERED: Q4 / 2013

Particulars	Income Target/ Budget Appropriation	General Fund	SEF	Total
LOCAL SOURCES	70,391,500.00	55,768,074.59	9,095,301.94	64,863,376.53
TAX REVENUE	32,526,000.00	21,667,821.91	8,986,477.46	30,654,299.37
Real Property Tax	17,300,000.00	6,290,534.22	8,986,477.46	15,277,011.68
Tax on Business	11,666,000.00	11,690,964.23	0.00	11,690,964.23
Other Taxes	3,560,000.00	3,686,323.46	0.00	3,686,323.46
NON-TAX REVENUE	37,865,500.00	34,100,252.68	108,824.48	34,209,077.16
Regulatory Fees (Permits and Licenses)	13,549,000.00	9,978,332.94	0.00	9,978,332.94
Service/User Charges (Service Income)	10,766,500.00	9,852,381.59	0.00	9,852,381.59
Receipts from Economic Enterprises (Business Income)	10,940,000.00	8,710,890.22	0.00	8,710,890.22
Other Receipts (Other General Income)	2,610,000.00	5,558,647.93	108,824.48	5,667,472.41
EXTERNAL SOURCES	344,733,134.00	345,562,510.00	0.00	345,562,510.00
Internal Revenue Allotment	344,613,134.00	344,613,132.00	0.00	344,613,132.00
Other Shares from National Tax Collections	120,000.00	0.00	0.00	0.00
Inter-Local Transfers	0.00	0.00	0.00	0.00
Extraordinary Receipts/Grants/Donations/Aids	0.00	949,378.00	0.00	949,378.00
TOTAL CURRENT OPERATING INCOME	415,124,634.00	401,330,584.59	9,095,301.94	410,425,886.53
ADD: SUPPLEMENTAL BUDGET (UNAPPROPRIATED SURPLUS) FOR CURRENT OPERATING EXPENDITURES	0.00	0.00	0.00	0.00
TOTAL AVAILABLE FOR CURRENT OPERATING EXPENDITURES	415,124,634.00	401,330,584.59	9,095,301.94	410,425,886.53
LESS: CURRENT OPERATING EXPENDITURES (PS + MOOE + FE)
General Public Services	200,293,724.43	193,495,510.98	0.00	193,495,510.98
Education, Culture & Sports/Manpower Development	9,708,793.00	0.00	8,078,461.82	8,078,461.82
Health, Nutrition & Population Control	35,663,931.74	34,626,821.61	0.00	34,626,821.61
Labor and Employment	0.00	0.00	0.00	0.00
Housing and Community Development	992,012.32	696,990.86	0.00	696,990.86
Social Services and Social Welfare	33,572,037.05	24,250,181.98	0.00	24,250,181.98
Economic Services	77,619,273.82	72,833,688.06	0.00	72,833,688.06
Debt Service (FE) (Interest Expense & Other Charges)	8,000,000.00	3,688,932.91	0.00	3,688,932.91
TOTAL CURRENT OPERATING EXPENDITURES	365,849,772.36	329,592,126.40	8,078,461.82	337,670,588.22
NET OPERATING INCOME/(LOSS) FROM CURRENT OPERATIONS	49,274,861.64	71,738,458.19	1,016,840.12	72,755,298.31
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	18,990,925.61	0.00	18,990,925.61
Acquisition of Loans	0.00	18,990,925.61	0.00	18,990,925.61
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	18,990,925.61	0.00	18,990,925.61
ADD: SUPPLEMENTAL BUDGET FOR CAPITAL OUTLAY	0.00	0.00	0.00	0.00
TOTAL AMOUNT AVAILABLE FOR CAPITAL EXPENDITURES	0.00	18,990,925.61	0.00	18,990,925.61
LESS: NON-OPERATING EXPENDITURES
CAPITAL/INVESTMENT EXPENDITURES	296,235,869.34	45,986,891.90	694,726.19	46,681,618.09
Purchase/Construct of Property Plant and Equipment (Assets/Capital Outlay)	296,235,869.34	45,986,891.90	694,726.19	46,681,618.09
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)	20,190,858.83	10,844,884.84	0.00	10,844,884.84
Payment of Loan Amortization	20,190,858.83	10,844,884.84	0.00	10,844,884.84
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	316,426,728.17	56,831,776.74	694,726.19	57,526,502.93
NET INCREASE/(DECREASE) IN FUNDS	-267,151,866.53	33,897,607.06	322,113.93	34,219,720.99
ADD: CASH BALANCE, BEGINNING	109,549,038.68	103,015,023.68	6,534,015.00	109,549,038.68
FUND/CASH AVAILABLE	-157,602,827.85	136,912,630.74	6,856,128.93	143,768,759.67
Less: Payment of Prior Year/s Accounts Payable	29,602,630.44	28,886,566.30	716,064.14	29,602,630.44
CONTINUING APPROPRIATION	231,308,309.96	48,245,134.30	0.00	48,245,134.30
ADD: ADVANCE PAYMENT FOR RPT	0.00	0.00	0.00	0.00
FUND/CASH BALANCE, END	-418,513,768.25	59,780,930.14	6,140,064.79	65,920,994.93
		GF	SEF	TOTAL
FUND/CASH BALANCE, END		59,780,930.14	6,140,064.79	65,920,994.93
Amount set aside to finance projects with appropriations
provided in the previous years (Continuing appropriations)		84,217,730.42	392,009.30	84,609,739.72
Amount set aside for payment of Accounts Payable		16,350,686.41	395,145.42	16,745,831.83
Amount set aside for Obligation not yet Due and Demandable		4,491,452.96	313,265.16	4,804,718.12
Amount Available for appropriations/operations		-45,278,939.65	5,039,644.91	-40,239,294.74
Total Assets (net of accumulated depreciation)	607,058,549.44

Certified correct:

(SGD.) MERLINA G. CABALLERO

City Treasurer

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

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