Republic' of the Philippines MINISTRY OF FINANCE Office of the. Minister Manila
MINISTRY ORDER NO. June 21, 1982
66 -8a,
SUBJECT:
RECLASSIFICATION OF THE PROVINCE OF ALBAY, TO TAKE EFFECT JULY 1, 1982, IN ACCORDANCE WITH THE PROVISIONS OF PRESIDENTIAL DECREE NO. 465,
TO
The Regional Director for Local Government Finance, Region V, Provincial Governor, Sangguniang Panlalawigan, Provincial Treasurer and Auditor and OthercConcerned.
Pursuant to Section 2 of Presidential Decree No. 465, and on the basis of the average annual income of P8,604,057.54 actually realized during the last four (4) consecutive calendar years (1978-1981), as certified by the Commission on Audit under letter dated April 12, 1982, the present classification of the province of Albay as a Fist Class province is hereby maintained, to take effect July 1, 1982. Furthermore, on the basis of its average annual income of P10,156,958.54 actually realized during the last two (2) consecutive calendar years (1980-1981), Albay province also maintains its present sub-classification as First Class-A, also to take effect July 1, 1982, pursuant to Section 3 of said Presidential Decree* The foregoing classification and sub-classification of the said province 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 local government officials and employees in accordance with existing law and regulations. By authority of the Minister:
LORINDA M. CARLOS D ector Office of Loca Government Finance ACU
"Isang Bansa, Isang Diwa"