Q REPUBLIKA NG PILIPINAS MINISTRI NG PANANALAPI MAYN I LA OFFICE OF LOCAL GOVERNMENT FINANCE
DEPARTMENT ORDER NO. qf4 July 22, 1987
SUBJECT:
RECLASSIFICATION OF THE MUNICIPALITY OF AJUY IN THE PROVINCE OF ILOILO, EFFECTIVE JULY 1, 1986, IN ACCORDANCE WITH THE PROVISIONS OF PRESIDENTIAL DECREE NO. 465.
TO
The Regional Director for Local Government Finance, Region VI, the Provincial Governor; the Sangguniang Panlalawigan; the Provincial Treasurer and the Provincial Auditor of Iloilo; the Municipal Mayor; the Sangguniang Bayan and the Municipal Treasurer and Others Concerned.
Pursuant to Section 5 of Presidential Decree No. 465, the municipality of Ajuy in the province of Iloilo is hereby reclassified from Fourth to Third Class, effective July 1, 1986, on the basis of its average annual income of $879,190.83 actually realized during the last four (4) consecutive calendar years (1982-1985), as certified by the Commission on Audit under its letter dated July 15, 1987. The foregoing classification shall be the basis for determining the maximum amounts expendable for salaries and wages, representation allowances, administrative aids and other statutory contributions in the adoption of the annual budgets, as well as the maximum salary rates of municipal officials and employees of Ajuy in accordance with existing law and regulations.
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