Declaring As Valid Appropriation Ordinance No. 1 of 2014 of Barangay Zone I, Appropriating The Underestimated Amount From 25% Share On Real Property Tax and Barangay Business Clearance

December 3, 2014 Excerpt from the Minutes of the Regular Session of the Sangguniang Bayan of Iba, Zambales Held on December 3, 2014 at the Municipal Session Hall. PRESENT: Hon. Benjamin R. Farin, Jr., Vice Mayor and Presiding Officer Sangguniang Bayan Members Hon. Francisco P. Aldea Hon. Genaro N. Montefalcon Hon. Lanie T. Nengasca Hon. Alcade R. Fallorin Hon. Salvador R. Redondo Hon. Danilo M. Ballesteros Hon. Lilia B. Butaran Hon. Noel D. Sarmiento Hon. Edgar C. Payumo, ABC President ABSENT: NONE IBA RESOLUTION NO. 066-14 DECLARING AS VALID APPROPRIATION ORDINANCE NO. 1 OF 2014 OF BARANGAY ZONE I, APPROPRIATING THE UNDERESTIMATED AMOUNT FROM 25% SHARE ON REAL PROPERTY TAX AND BARANGAY BUSINESS CLEARANCE WHEREAS, the Sangguniang Barangay of Zone I, Iba, Zambales enacted an appropriation Ordinance No. 1, Series of 2014 on October 6, 2014, authorizing supplemental budget in the amount of P171,183.64 from the underestimated income on Real Property Tax and Barangay business clearance; WHEREAS, it is within the power of the Sangguniang Barangay to enact appropriation ordinance on supplemental budget for new sources of funds or savings; WHEREFORE, on motion of Liga President Edgar Payumo, duly seconded by Kgd. Danilo Ballesteros, the Sangguniang Bayan in session assembled; RESOLVE AS IT IS HEREBY RESOLVED, to declare as it is hereby declares as valid appropriation Ordinance No. 1, Series of 2014 of Barangay Zone I, authorizing its supplemental budget in the amount of P171,183.64. Adopted the 3rd day of December, 2014. AIDSTE FRANCISCO P. ALDEA SB Member GENARO N. MONTEFALCON SB Member LANIE T. NENGASCA SB Member ALCADE R. FALLORIN SB Member SALVADOR R. REDONDO SB Member DANILO M. BALLESTEROS SB Member LILIA B. BUTARAN SB Member NOEL D. SARMIENTO SB Member EDGAR C. PAYUMO Liga President CERTIFIED CORRECT: BENJAMIN R. FARIN JR. Vice Mayor and Presiding Officer ATTESTED: NOLITO V. BASUL Secretary to the Sangguniang Bayan