Republic of the Philippinesti' MINISTRY OF FINANCE Office of the Minister Manila MINISTRY ORDER NO. 55-82 June 29, 1982 SUBJECT:

RECLASSIFICATION OF MUNICIPALITIES IN THE PROVINCE OF CAMIGUIN% TO TAKE EFFECT JULY 1, 1982?13N.A000RDANCE WITH THE PROVISIONS OF PRESIDENTIAL DECREE NO. 465.

TO.

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

Pursuant to Section 5 of Presidential Decree No. 465, the following municipalities in the province of Camiguin are hereby reclassified, to take effect July 1, 1982, on the basis of their average annual income actually realized during the last four (4) consecutive calendar years (19781981), as certified by the Commission on Audit under letter dated May 13, 1982, as follows:

MUNICIPALITIES 1. 2. 3.

4.

Catarman Guinsiliban Mahinog Mambajao

AVERAGE INCOME (1978-1981)

P326,760.73 177,519.61

348,935.79 742,775.75

CLASS From

To

Fifth Sixth Fifth

Fourth Fifth Fourth

Fifth

Third

However, the municipality of Sagay maintains its present classification as fifth class considering the average annual income of P230,029.15 actually realized during the last four (4) consecutive calendar years (1978-1981), likewise, certified by the said Commission on Audit. The foregoing classifications 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 in accordance with existing law and regulations. By authority of the Minister:

M. CARLOS LORIN Di ctor Office of Local overnment Finance

"Isang Bansa, Isang Diwa"

MINISTRY ORDER NO. 55 .pdf

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