RESOLUTION NO. 2024-0962 (Sponsored by: Committee on Finance and Appropriations) "A RESOLUTION APPROVING DRAFT APPROPRIATION ORDINANCE NO. 10 ON THIRD READING AND ORDAINING THE SAME AS APPROPRIATION ORDINANCE NO. 2004-12-2024, ENTITLED: "AN ORDINANCE APPROPRIATING THE SUM OF TWO BILLION (P2,000,000,000.00) PESOS AS CALENDAR YEAR 2025 ANNUAL 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 2025 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 current 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 Ma. Alicia Elena V. Ariosa, be it RESOLVED TO APPROVE, as this body hereby approves Draft Appropriation Ordinance No. 10 on Third Reading and ordaining the same as Appropriation Ordinance No. 2004-12-2024, entitled: "An Ordinance Appropriating the Sum of Two Billion (P2,000,000,000.00) Pesos as Calendar Year 2025 Annual 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. 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