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Republic of the Philippines
CITY OF VALENZUELA
Metropolitan Manila

SANGGUNIANG PANLUNGSOD 1

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ORDINANCENO. 126
Series of2O14

AN ORDINANCE APPROPRIATING THE AMOUNT OF THREE

HUNDRED FIFry MTLLION PESOS (P350,000,000.00),
REFERRED HERETO AS SUPPLEMENTAL BUDGET NO. 1 FOR
CALENDAR YEAR 2014 OF THE CITY GOVERNMENT OF
VALENZUELA, METRO MANILA WHICH SHALL BE TAIGN
FROM THE LOAN PROCEEDS AND DULY CERTTFIED BY THE
CITY TREASURER AS
FUNDS AVAIIIIBLE trOR
g APPROPRIATION.
,{tttmred by Councllor MARLON PAULO C. ALUANDRINO

Be it ORDAINED by the City Council of Valenzuela City, Metro Manila,

that:
SECTION 7. The amount of THREE HUNDRED FIFTY MILLION
PESOS (P350,000,000.00) be appropriated as Supplemental Budget No. 1 of
the City Government of Valenzuela, Metro Manila for Calendar Year 2014 duly
certified by the City Treasurer as funds actually available for appropriation.
The herein appropriations of funds represents budgetary support for the
continued operations of various departments/offices and obligations of the
City Government of Valenzuela, Metro Manila for which the following sums are
provided by classifi cation.

STATEMENT OF FUNDING SOURCES:

1. RECEIPTS FROM LOANSAND BORROWINGS:

.LAND BANK LOAN PROCEEDS P 350,000,000.00

CURRENT YEAR APPROPRIATIONS:

1. ENGINEER'S OFFICE:
Capital Outlay P 30O,000,OOO.O0

2. GENERALSERVICESOFFICE:
Capital Outlay P 50,000,000.00

TOTAI CURRENT YEAR APPROPRIATIONS: P 350,000 ,000.00

,h
 Republic of the PhiliPPines \
CITY OF VALENZUELA
Metropolitan Manila
T--
SANGGUNIANG PANLUNGSOD

Page No. 2
Ordinane No. 126
Series of2014

sEcTloN2.Thebudgetaryexpenditureshereinproposedshall
comply with the existing rules, regulations and other pertinent laws pertaining
to local budgeting.
iEITION g.The aggregate amount appropriated herein shall not
exceed from loan proceeds actually available for appropriation'

SEcTloN4.Allfundsappropriatedforfunctions,proiectsand
activities shall be released and used exclusively for tle specific purposes for
which they have been authorized.
IECTION any reason or other, any part ofprovision ofthis
5. Iffor
Ordinance shall be held unconstitutional or invalid, those parts or provisions
hereof which are not affected thereby shall continue to be in full force and
effecL

SECTION 6. This Ordinance shall take effect immediately upon

approval.
ENACTED.
APRIL LI,2O14.
VALENZUELA CITY, METROPOTITAN MANILA.

HON.ANTO O R. ESPIRITU HON. ROSALIE ESTEBAN-CAYCO

Cou cilor Councilor
Maiority Floor Leader Minori oor Leader

HON. MARCELINO G. MORELOS HON. LORENA ATMDAD-BORJA

Councilor Cou cilor
Assu Majori Floor Leader

dL FETICIANO '7--t. _ -/
HON.
o
REW M. HON. P. NO
un ilo r
CO
/-f

HON. CORAZON A. CORTEZ HON. KIMBE ANN D.V. GALANG

Councilor
Councilor 0/
 Republic of the PhiliPPines
CITY OF VALENZUELA
Metropolitan Manila

SANGGUNIANG PANLUNGSOD

Page No. 3
Ordinance N 126
Series of 20

HON. RLON A ALEJANDRINO HON.

ouncil or "#{rffik,INEDA
Councilor

H .ESPLANA HON. KRISTIAN ROME T. SY

Co nc Councilor

H ON t. ENCARNACION
Councilor
(President League of BarangaYsJ

g ATTESTED:

FU\VIOC.
Secretary

CERTIFIED CORRECT:

. ERIC M. MARTINEZ
Presiding Officer
City Vice r

APPR

HON, REXLO ATCHALIAN

Ci r
Date Signed:
(