Republie , of theftilippines

MINISTRY

6F- FINANCE

Office of the Minister Manila

MINISTRY ORDER NO. December 21, 1979 SUBJECT:

RECLASSIFICATION OF MUNICIPALITIES IN THE PROVINCE OF CAMARINES NORTE IN ACCORDANCE WITH THE PROVISIONS OF PRESIDENTIAL DECREE NO. 465.

T

The Regional Director for Local Government Finance, Region V, Provincial Governor, Municipal Mayors, the Local Sanggunians, Provincial and Municipal Treasurers, Provincial Auditor and Others Concerned.

0

Pursuant to Section 5 of Presidential Decree No. 465, the following municipalities in the Province of Camarines 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 (19741977) as certified by the Commission on Audit under letter, dated November 5, 1979, as follows: MUNICIPALITIES

P

1. Daet 2. Mercedes

CL ASS

AVERAGE INCOME

3. Labo

(1974-1977)

FROM

TO

1,102,173.06 263,788.60

Third Fifth

Second Fourth

Fourth

Third

557,470.67

However, the following municipalities maintain their present classifications considering their average annual income they actually realized during the last four (4) consecutive fiscal years (1974-1977) as certified also by the said Commission, as follows: MUNICIPALITIES

AVERAGE INCOME

CLASS

(1974-1977) 1. Capalonga p 2. Jose Panganiban 3. Vinzons 4. Imelda 5. Paracale 6. San Vicente

256,861.73 759,850.34 236,801.64 99,317.30 295,703.85 95,881.12

"Isang Hansa, Isang Diwa"

Fifth Third Fifth Sixth Fifth Sixth

The foregoing classificationsshall 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.

Ministe