Republic of the Philippines
MINISTRY OF FINANCE Office of the Minister Manila
MINISTRY ORDER NO.
July 6, 1979
7
SUBJECT:
RECLASSIFICATION OF THE CITY OF MANDAUE IN ACCORDANCE WITH THE PROVISIONS OF PRESIDENTIAL DECREE NO. 465
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The City Mayor, Sangguniang Panlungsod City Treasurer, City Auditor and Others Concerned.
Pursuant to Section 2 of Presidential Decree No. 465, the City of Mandaue is hereby reclassified as FIRST CLASS, effective July 1, 1978, on the basis of its average annual income of P5,163,042.09 actually realized during the last four consecutive fiscal years (1974-1977) as certified by the Honorable Acting Chairman, Commission on Audit, under his 1st indorsement dated June 6, 1979. Furthermore, pursuant to Section 3 of the aforementioned Presidential Decree, the said city is hereby subclassified as FIRST CLASS-B, also effective July 1, 1978, on the basis of the average annual income of P5,704,386.39 actually realized during the last two (2) consecutive fiscal years (1976-1977). The above classification and sub-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 local budget, as we'l as the maximum salary rates of local government officials and employees in accordance with existing law and regulations.
PEDRO I. ALMAEn finance A „ing inister o
"Isang Bansa, (sang Diwa"