Statement of Receipts and Expenditure (2011)

by | Jan 30, 2012 | Statement of Receipts and Expenditure

Statement of Receipts and Expenditures
Municipality: MIAGAO
Period Covered: Q4, 2011
           
        Population:  
Particulars Income Target/ Budget Appropriation General Fund SEF Total                           (C + D) % of General + SEF to Total Income(GF+SEF)               
A B C D E F
LOCAL SOURCES (9+13)         

32,038,498
          

20,582,036
        

1,117,700
      

21,699,736
23.49%
TAX REVENUE (10+11+12)         

16,425,209
            

4,189,349
        

1,117,700
        

5,307,049
5.75%
  Real Property Tax         

12,435,209
               

894,160
        

1,117,700
        

2,011,861
2.18%
  Tax on Business           

2,980,000
            

2,666,819
          

2,666,819
2.89%
  Other Taxes           

1,010,000
               

628,370
            

628,370
0.68%
NON-TAX REVENUE (14+15+16+17)         

15,613,289
          

16,392,687
                   

-  
      

16,392,687
17.75%
  Regulatory Fees (Permit and Licenses)           

2,029,000
            

2,148,318
                   

-  
        

2,148,318
2.33%
  Service/User Charges (Service Income)             

601,500
               

859,798
                   

-  
          

859,798
0.93%
  Income from Economic Enterprises (Business Income)         

11,582,789
          

13,110,611
                   

-  
      

13,110,611
14.19%
  Other Receipts (Other General Income)           

1,400,000
               

273,960
                   

-  
          

273,960
0.30%
EXTERNAL SOURCES (19+20+21+22)         

82,776,779
          

70,673,222
                   

-  
      

70,673,222
76.51%
  Internal Revenue Allotment         

82,776,779
          

70,673,222
                   

-  
      

70,673,222
76.51%
 Other Shares from National Tax Collections                      

-  
                       

-  
                   

-  
                   

-  
0.00%
  Inter-Local Transfer                      

-  
                       

-  
                   

-  
                   

-  
0.00%
  Extaordinary Receipts/Grants/Donations/Aids                      

-  
                       

-  
                   

-  
                   

-  
0.00%
TOTAL CURRENT OPERATING INCOME (8+18)       

114,815,277
          

91,255,257
        

1,117,700
      

92,372,958
100.00%
LESS: CURRENT OPERATING EXPENDITURES (PS + MOOE+FE)          
  General Public Services         

48,574,393
          

41,157,174
                   

-  
      

41,157,174
45.93%
  Department of Education           

3,307,629
            

1,286,624
        

1,355,554
        

2,642,179
2.95%
  Health, Nutrition & Population Control         

11,535,774
          

10,691,725
                   

-  
      

10,691,725
11.93%
  Labor & Employment                      

-  
                       

-  
                   

-  
                   

-  
0.00%
  Housing & Community Development           

1,580,000
               

978,532
                   

-  
          

978,532
1.09%
  Social Services & Social Welfare           

3,575,765
            

3,446,364
                   

-  
        

3,446,364
3.85%
  Economic Services         

35,743,740
          

30,695,623
                   

-  
      

30,695,623
34.25%
  Debt Service (FE) (Interest Expense & Other Charges)                      

-  
                       

-  
                   

-  
                   

-  
0.00%
TOTAL CURRENT OPERATING EXPENDITURES (25 to 32)       

104,317,301
          

88,256,043
        

1,355,554
      

89,611,597
100.00%
NET OPERATING INCOME/(LOSS) FROM CURRENT OPERATIONS(23-33)         

10,497,976
            

2,999,215
         

(237,854)
        

2,761,360
0.00%
ADD: NON INCOME RECEIPTS          
CAPITAL/INVESTMENT RECEIPTS (37+38+39)                      

-  
                       

-  
                   

-  
                   

-  
#DIV/0!
  Proceeds from Sale of Assets                      

-  
                       

-  
                   

-  
                   

-  
#DIV/0!
  Proceeds from Sale of Debt Securities of Other Entities                      

-  
                       

-  
                   

-  
                   

-  
#DIV/0!
  Collection of Loans Receivables                      

-  
                       

-  
                   

-  
                   

-  
#DIV/0!
RECEIPTS FROM LOANS AND BORROWINGS (41+42)                      

-  
                       

-  
                   

-  
                   

-  
#DIV/0!
  Acquisition of Loans                      

-  
                       

-  
                   

-  
                   

-  
#DIV/0!
  Issuance of Bonds                      

-  
                       

-  
                     

-  
#DIV/0!
TOTAL NON-INCOME RECEIPTS (36+40)                      

-  
                       

-  
                   

-  
                   

-  
#DIV/0!
LESS: NON OPERATING EXPENDITURES          
CAPITAL/INVESTMENT EXPENDITURES (46+47+48)         

14,813,011
            

8,634,479
          

315,359
        

8,949,838
100.00%
  Purchase/Construct of Property Plant and Equipment  (Assets/Capital Outlay)         

14,813,011
            

8,634,479
          

315,359
        

8,949,838
100.00%
  Purchase of Debt Securities of Other Entities (Investment Outlay)                      

-  
                       

-  
                   

-  
                   

-  
0.00%
  Grant/Make Loan to Other Entities (Investment Outlay)                      

-  
                       

-  
                   

-  
                   

-  
0.00%
DEBT SERVICE (50+51) (Principal Cost)                      

-  
                       

-  
                   

-  
                   

-  
#DIV/0!
  Payment of Loan Amortization                      

-  
                       

-  
                   

-  
                   

-  
#DIV/0!
  Retirement/Redemption of Bonds/Debt Securities                      

-  
                       

-  
                   

-  
                   

-  
#DIV/0!
TOTAL NON-OPERATING EXPENDITURES (45+49)         

14,813,011
            

8,634,479
          

315,359
        

8,949,838
  
NET INCREASE/(DECREASE) IN FUNDS (34+43-52)          

(4,315,035)
           

(5,635,264)
         

(553,214)
       

(6,188,478)
  
ADD: CASH BALANCE, BEGINNING         

24,894,977
          

23,430,124
        

1,464,853
      

24,894,977
  
FUNDS AVAILABLE (53+54)         

20,579,942
          

17,794,860
          

911,639
      

18,706,499
  
Less: Payment of Prior Year Accounts Payable                      

-  
                       

-  
                   

-  
                   

-  
  
FUND BALANCE, END (55-56)         

20,579,942
          

17,794,860
          

911,639
      

18,706,499
  
CONTINUING  APPROPRIATION                      

-  
                       

-  
                     

-  
                              

-  
Total Assets                      

-  
        
           
Amount set aside to finance projects with appropriations  
GF
SEF
Total
  
      provided in the previous years (Continuing appropriations)            

13,653,530
          

244,901
      

13,898,431
  
Amount set aside for payment of Prior Year Accounts Payable                 

524,460
            

17,050
          

541,510
  
Amount set aside for Obligation not yet Due and Demandable             

21,332,136
          

845,356
      

22,177,492
  
Amount Available for appropriations/operations              

9,136,771
          

292,205
        

9,428,976
  
Fund Balance, End (should be reconciled w/cash flow statement)            

44,646,897
        

1,399,511
      

46,046,409