RESOLUTION NO. 2024-0763 (Sponsor: Committee on Finance and Appropriations) "A RESOLUTION DECLARING OPERATIVE AND IN FULL FORCE AND EFFECT APPROPRIATION BILL NO. 01, S. 2024 (ANNUAL BUDGET) OF BARANGAY BANALE INVOLVING AN APPROPRIATION OF P11,500,000.00" WHEREAS, the Sangguniang Barangay of Banale enacted Appropriation Bill No. 01, s. 2024 (CY-2024 Annual Budget) involving the amount of Eleven Million Five Hundred Thousand (P11,500,000.00) Pesos and submitted the same for review and approval by this Sanggunian pursuant to Section 391 of R.A. 7160; WHEREAS, the said Appropriation Bill No. 01, after careful consideration by this august body through the concerned Committee, has been found to have substantially complied with the provisions of R.A. 7160 and such other pertinent legal requisites; NOW, THEREFORE, on seconded motion of Honorable Ma. Alicia Elena V. Ariosa, be it RESOLVED to declare, as this body hereby declares operative and in full force and effect Appropriation Bill No. 01, s. 2024 (Annual Budget) of Barangay Banale involving an appropriation of P11,500,000.00. RESOLVED, FURTHER, to let copies of this Resolution be transmitted to the Barangay Council of Banale through the Punong Barangay, the City Budget Officer and the City Auditor, all of this city, for their information and guidance. APPROVED UNANIMOUSLY. I HEREBY CERTIFY to the correctness of the foregoing resolution. BALDOMERO FERNANDEZ City Vice Mayor/Presiding Officer Verified: MONIQUE SHAIRA Y. TO SP Member/Floor Leader Attested: ELKID P. NACUA Secretary to the Sangguniang Panlungsod