Republic of the Philippines DEPARTMENT OF FINANCE

Manila

15-92 DEPARTMENT ORDER NO. February 12, 1992

SUBJECT:

AMENDING THE RECLASSIFICATION OF THE PROVINCE OF ALBAY UNDER DEPARTMENT ORDER NO. 69-91 DATED SEPTEMBER 4AS AMENDED, OF THIS DEPARTMENT 1991, FROM SECOND CLASS TO FIRST CLASS EFFECTIVE JULY 1, 1991. IN ACCORDANCE WITH THE PROVISIONS OF EXECUTIVE ORDER NO. 249, DATED JULY 25, 1987 OF THE PRESIDENT. -

TO

The Director Regional Local for Government Finance, the Region V; Sangguniang Provincial- Governor, the Panlalawigan, the Provincial Treasurer and the Provincial Auditor of Albay; and Others Concerned.

This Department is in receipt of the 2nd indorsement, dated January 8, 1992 of the Comnmission on Audit, informing that releases for the maintenance of roads and bridges under RA 917 in the amount of P12,588.454.00 for the province of Albay were not included in the computation of its Certified Statement of Average Annual Income during the last four (4) consecutive calendar years (1987-1990) for the reason that these were taken up as Grants and Aids from Other Level of Government under account 2-60-200 in the Infrastructure Fund Further verification of this Department of Trial Balance. the certification by the Commission on Audit under its abovementioned 2nd indorsement shows that the average annual income of the province of Albay for the aforecited calendar years was actually P31.346.556.00. view hereof, the province of Albay is hereby In reclassified FIRST CLASS. Accordingly, the anew as enumeration of provinces under Department Order No. 69-91 mentioned above, particularly No. 1 of Region V thereof, is hereby further amended to read: "1.

Albay 31,346,556.00

Second

First"

Be guided accordingly. By authority of the Secretary:

LORINDkIB. CARLOS Executiv Director Bureau of Local Government Finance

DEPARTMENT ORDER NO. 15 .pdf

consecutive calendar years (1987-1990) for the reason that. these were taken up as Grants and Aids from Other Level of. Government under account 2-60-200 ...

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