Republic of tije Philippines
MINISTRY OF FINANCE Office of the Minister Manila MINISTRY ORDER NO. ,/` September 13, 1979
1y
SUBJECT:
RECLASSIFICATION OF MUNICIPALITIES IN THE PROVINCE OF DAVAO DEL NORTE IN ACCORDANCE WITH THE PROVISIONS OF PRESIDENTIAL DECREE NO. 465.
TO
The Regional Director for Local Government Finance, Region XI; Provincial Governor; Municipal Mayors; the Local Sanggunians; Provincial and Municipal Treasurers; Provincial Auditcrand Others Concerned.
.
Pursuant to Section 5 of Presidential Decree No. 465, the following municipalities in the Province of Davao del Norte are hereby reclassified, effective July 1, 1978, on the basis of their average annual income actually realized during the last four (4) consecutive fiscal years (1974-1977) as certified by the Commission on Audit under letter, dated July 23, 1979, as follows;
MUNICIPALITIES 1♦ Asuncion 2. Carmen 3. Compostela 4. Kapalong 5. Mabini 6. Nawab 7. Nabunturan 8. Panabo 9. Pantukan 10. Santo Tomas 11. Tagum
AVERAGE INCOME (1974-1977)
P600,347.57
334,345.35 365,591.26 568,751.36 345,413.72
309,329.34 548,269.86 1,302,260.92
386,569.31
529,989.07 1,772,978.37
FROM Fourth Fifth Fifth Fourth Fifth Fifth Fourth Third Fifth Fifth Second
CLASS TO Third Fourth Fourth Third fourth Fourth Third Second Fourth Third First
Furthermore, pursuant to Section 6 of the aforementioned Presidential Decree, the municipality of Tagum is hereby subclassified as First Class-C, likewise effective July 1, 1978, on the basis of its average annual income of P1,748,594.46 actually realized during the last two (2) consecutive fiscal years (1976-1977).
"Isang Bansa, (sang Diwa" I
However, the following municipalities maintain their present classifications considering the average annual income they actually realized during the last four (4) consecutive fiscal years (1974-1977), as certified also by the said Commission, as followat
MUNICIPALITIES 1. Babak 2. Kaputi-an
3. Maco 4. Montevista 5. New Bataan 6. New Corolla
7. Samal
AVERAGE INCOME 1974-1977)
CLASS
164,276.22 547,522.91
Fifth Fifth Third
189,563.99
Fifth
275,352.51 274,809.18 292,783.22
Fifth Fifth Fifth
P279$968-038
The foregoing classifications 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 their respective annual budgets, as well as the maximum salary rates of local government officials and employees in accordance with existing law and regulations.
PEDRO\'ft, ALMAN ting Minister of Y.nAnce
44re.
