REPUBLIKA NG PILIPINAS MINISTRI NG PANANALAPI MAYNI LA

OFFICE OF LOCAL GOVERNMENT FINANCE MINISTRY ORDER NO. 92'3 November 25, 1983 SUBJECT:

RECLASSIFICATION OF THE MUNICIPALITY OF CABANGLASAN, BUKIDNON, EFFECTIVE JULY 1, 1982, IN ACCORDANCE WITH THE PROVISIONS OF PRESIDENTIAL DECREE NO. 465.

TO

The Regional Director for Local Government Finance, Region X, the Provincial Governor, the Sangguniang Panlalawigan, the Provincial Treasurer and Provincial Auditor of Bukidnon, the Municipal Mayor, the Sangguniang Bayan and the Municipal Treasurer of Cabanglasan and Others Concerned.

Pursuant to Section 5 of Presidential Decree No. 465 and on the basis of the average annual income of 76258,188.90 actually realized during the last three (3) consecutive calendar years (1979-1981), as certified by the Commission on Audit in its 2nd Indorsement dated November2l+, 1983, the municipality of Cabanglasan, Bukidnon is hereby reclassified from Sixth to Fifth Class, effective July 1, 1982. The foregoing classification 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 the municipal officials and employees concerned in accordance with existing law and regulations. This supplements Ministry Order No. 107-82, dated November 10, 1982, of this Ministry. By authority of the Minister:

LORIDTD`A1 M. CARLOS Dir ctor Office of Local Government Finance oaj/

(SANG BANSA, ISANG DIWA, ISANG WIKA

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