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Republic of thL- Philippines

MINISTRY OF FINANCE Office of the Minister Manila

MINISTRY ORDER NO. June 21, 1982

b1-22

SUBJECT:

RECLASSIFICATION OF THE PROVINCE OF CAMARINES SUR, TO TAKE EFFECT JULY 1, 1982, IN ACCORDANCE WITH THE PROVISIONS OF PRESIDENTIAL DECREE NO. 465,

TO

The Regional Director for Local Government Finance, Region V, Provincial Governor, Saagguniang Panlalawigan, Provincial Treasurer and Auditor and Others Concerned.

:

Pursuant to Section 2 of Presidential Decree No. 465, and on the basis of the average annual income of !12,988,239.07 actually realized during the last four (4) consecutive calendar years (1978-1981), as certified by the Commission on Audit under letter dated'April 16, 1982, the present classification of the province of Camarines Sur as a First Class province is hereby maintained, to take effect July 1, 1982. Furthermore, on the basis of its average annual income of P15,588,707.48 actually realized during the last two (2) consecutive calendar years (1980-1981), province of Camarines Sur also maintains its present sub-classification as First Class-A, also to take effect July 1, 1982, pursuant to Section 3 of said Presidential Decree. The foregoing classification and sub-classification of the said province shall be the basis for determining the maximum amounts ekpendable 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 the existing law and regulations. By authority of the Minister:

LORIWDA M. CARLOS ector Office of Local Government Finance ACD

"Isang Bansa, Isang Diwa"

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