Republic of the Philippines MINISTRY OF FINANCE Office of the Minister Manila OFFICE OF LOCAL GOVERNMENT FINANCE MINISTRY ORDER NO. APRIL, 22, 1983

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SUBJECT : RECLASSIFICATION OF THE CITY OF OLONGAPO, EFFECTIVE JULY 1, 1982, IN ACCORDANCE WITH THE PROVISIONS OF PRESIDENTIAL DECREE NO. 465. TO

The Regional Director for Local Government Finance, Region III, the City Mayor, the Sangguniang Panlungsod, the City Treasurer and Auditor of Olongapo City and Others Concerned.

Pursuant to Section 2 of Presidential Decree No. 465, and on the basis of the average annual income of 743,601,987.25 actually realized during the last four (4) consecutive calendar years (1978-1981), as certified by the Commission on Audit in its letter dated March 18, 1983, the City of Olongapo maintains its present classification as First Class, effective July 1, 1982. Furthermore, pursuant to Section 3 of the said Decree and on the basis of the average annual income of ?52,828,752.70 actually realized during the last two (2) consecutive calendar years (1980-1981), as certified also by the said Commission, the City of Olongapo maintains its present sub-classification as First Class-A also effective July 1, 1982. The foregoing classification and-sub-classification of the said city 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 of Olongapo City in accordance with existing law and regulations.

By authority of the Minister:

1 LORINiA Di I M. CARLOS ctor

"Isang Bansa, Isang Diwa"