Republic of the Philippines
MINISTRY OF FINANCE Office of the Minister Manila
MINISTRY ORDER NO. August 26, 1982
75.22
SUBJECT:
RECLASSIFICATION OF THE CITY OF LIPA, EFFECTIVE JULY 1, 1982, IN ACCORDANCE WITH THE PROVISIONS OF PRESIDENTIAL DECREE NO. 465.
TO
The Regional Director for Local Government Finance, Region IV, City Mayor, Sangguniang Panlungsod, City Treasurer and Auditor and Others Concerned.
Pursuant to Section 2 of Presidential Decree No. 465, the City of Lipa maintains its present classification as First Class, effective July 1, 1982, on the basis of its average annual income of P7,668,715.80 actually realized during the last four (4) consecutive calendar years (1978-1981) as certified by the Commission on Audit under letters dated September 19, 1980 and August 26, 1982. Furthermore, pursuant to Section 3 of the aforementioned Presidential Decree the City of Lipa is hereby sub-classified from First Class-B to First ('lass-A, effective July 1, 1982, on the basis of the average annual income of P9,905,716.36 actually realized during the last two (2) consecutive cfiendar years (1980-1981), as certified also by the said Commission. 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 in accordance with existing law and regulations. By authority of the Minister:
LORINM. CARLOS Di ctor Office of Local Government Finance ACD
"Isang Bansa, Isang Diwa"