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REPUBLIKA NG PILIPINAS MINISTRI NG PANANALAPI MAYN I LA OFFICE OF LOCAL GOVERNMENT FINANCE
MINISTRY ORDER NO. 43-86 November 24, 1986
SUBJECT:
RECLASSIFICATION OF THE MUNICIPALITY OF INNS IN THE PROVINCE OF CAVITE, EFFECTIVE JULY 1, 1986 IN ACCORDANCE WITH THE PROVISIONS OF PRESIDENTIAL DECREE NO. 465.
TO
The Regional Director for Local Government Finance, Region IV, the Provincial Governor, the Sangguniang Panlalawigan, the Provincial Treasurer and the Provincial Auditor of Cavite; the Municipal Mayor, the Sangguniang Bayan, and the Municipal Treasurer and Others Concerned.
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Pursuant to Section 5 of Presidential Decree No. 465, the Municipality of Imus in the province of Cavite maintains its present classification as First Class effective July 1, 1986 on the basis of the average annual income of J4,957,957.62 actually realized during the last four (4) consecutive calendar years (1982-1985), as certified by the Commission on Audit under its letter dated November 19, 1986. Furthermore, pursuant to Section 6 of the aforementioned Presidential Decree, the municipality of Imus is hereby sub-classified from First Class-B to First Class-A, likewise effective July 1, 1986, on the basis of its average annual income of 05,466,773.77 realized during the last two (2) consecutive calendar years (1984-1985) as certified also by the said Commission. The foregoing 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 annual budgets, as well as the maximum salary rates of municipal officials and employees of Imus in accordance with existing law and regulations.
By authority of the Minister:
'L
LORIN]QAc t. CARLOS Di or
:SANG BANSA, ISANG DIWA, ISANG WIKA