REPUBLIC OF THE-PHILIPPINES

DEPARTMENT OF FINANCE MANILA

DEPARTMENT ORDER NO. &1-(?60 December 2, 1987

SUBJECT:

RECLASSIFICATION OF MUNICIPALITIES IN THE PROVINCE OF MARINDUQUE, EFFECTIVE JULY 1, 1987, IN ACCORDANCE WITH THE PROVISIONS OF EXECUTIVE ORDER NO. 249, DATED JULY 25, 1987 OF THE PRESIDENT.

TO

The Regional Director for Local Government Finance, Region IV, the Provincial Governor; the Sangguniang Panlalawigan; the Provincial Treasurer and the Provincial Auditor of Marinduque; the Municipal Mayors; the Sangguniang Bayan; the Municipal Treasurers and Others Concerned.

.

Pursuant to Section 2 of Executive Order No. 249, as implemented under Department Order No. 115-87, dated October 22, 1987, of this Department, the following municipalities in the province of Marinduque are hereby reclassified effective July 1, 1987, on the basis of their average annual income actually realized during the last four (4) consecutive calendar years (1983-1986), as certified by the Commission on Audit under its letter dated November 24, 1987: MUNICIPALITIES

AVERAGE INCOME

( 1. Boac 2. Buenavista

1983-1986 $2,614,576.55 1,057,706.50

3. Gasan

1,714,013.89

4. Mogpog 5. Santa Cruz 6. Torrijos

1,636,007.66

5,147,386.37 1,578,796.85

)

CLASS FROM

TO

Second Fourth Third Third First-A Third

Fifth Fifth Fifth Fifth Third Fifth

The foregoing classifications shall be the basis for fixing the maximum tax ceilings imposable, determining the administrative and statutory aids, financial grants, and other forms of assistance, salary scales, rates of allowances, per diems and other emoluments of the local officials and employees, implementation of personnel policies on promotions, transfers, details or secondment, formulation and execution of local government budget policies, determination of financial capability to undertake developmental programs and priority projects and the maximum amounts expendable for salaries and wages in accordance with existing law and regulations; provided, however, that no official or employee shall suffer any diminution of the basic salary, rates of allowances and other emoluments that he or she is actually receiving at the time of the effectivity of this Department Order pursuant to the aforementioned Executive Order No. 249•

By authority of the Secretary:

LORINDA\iI. CARLOS Executive Director Bureau of Local Government Finance