RESOLUTION NO. 2019-0296 (Sponsor: Committee on Finance and Appropriations) "A RESOLUTION APPROVING DRAFT APPROPRIATION ORDINANCE NO. 004 ON THIRD READING AND ORDAINING THE SAME AS APPROPRIATION ORDINANCE NO. 2004-12-2019, ENTITLED: "AN ORDINANCE APPROPRIATING 0THE SUM OF ONE BILLION THREE HUNDRED MILLION (P1,300,000,000.00) PESOS AS CALENDAR YEAR 2020 BUDGET OF THE CITY GOVERNMENT OF PAGADIAN TO BE TAKEN FROM THE ESTIMATED INCOME AS CERTIFIED BY THE LOCAL FINANCE COMMITTEE TO BE REASONABLY COLLECTIBLE" WHEREAS, the Executive Budget for Calendar Year 2020 of the City Government as submitted to this body for consideration has, upon scrutiny and evaluation, been found to address the over-all operational needs as well as priority plans, programs and projects of the city for the succeeding year; WHEREAS, this body's legislative approval as provided for under Republic Act No. 7160, otherwise known as the Local Government Code of 1991, is necessary to effect its utilization and implementation; NOW, THEREFORE, on seconded motion of Honorable Arnold R. Gavenia, be it RESOLVED to approve and ordain, as this body hereby approves and ordains Appropriation Ordinance No. 2004-12-2019, entitled: "An Ordinance Appropriating the sum of One Billion Three Hundred Million (P1,300,000,000.00) Pesos as Calendar Year 2020 Budget of the City Government of Pagadian to be taken from the estimated income as certified by the Local Finance Committee to be reasonably collectible". APPROVED UNANIMOUSLY. I HEREBY CERTIFY to the correctness of the foregoing resolution. MAPHILINDO Q. OBAOB, MPA, MAGaD Verified: City Vice Mayor/Presiding Officer ATTY. TEODORO M. QUICOY SP Member/ Floor Leader Attested: ELKID P. NACUA Acting Secretary to the Sanggunian