Budget Message

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Republic of the Philippines

Province of Ilocos Norte


Municipality of Solona
BARANGAY #10 MANALPAC

OFFICE OF THE PUNONG BARANGAY


BUDGET MESSAGE
The Honorable Members of the
Sangguniang Barangay
Barangay Development Council

Ladies and Gentlemen;

Barangay is considered as the smallest unit of the government; however, this is the place
where people develop and discover their fall potential to become good citizens of the country.

In order to better serve my constituents, as one of the leaders of the barangay I see to it
that programs, projects and activities of my barangay is properly implemented

Through our Annual Budget 1, together with my co-officials believe that the needs of our
people will be address. This budget is appropriated for the development of our Barangay safety
of our Barangay folks, Agriculture, Medical, Sports and others. All of this cater the needs and to
holistically develop every individual of Barangay# 10 Manalpac

I am submitting herewith the F Y 2024 proposed ANNUAL BUDGET of the General Fund
for your deliberation and approval to ensure that the provisions as mandated by Republic Act
No.7160 have been complied specifically among other, the following:

The FOUR MILLION FIFTY-THREE THOUSAND ONE HUNDRED EIGHTY-FIVE PESOS (P


4,053,185.00) budget of our barangay without delay and deduction is designed to effect
necessary changes and development to bring us closer to our practical vision of being self-reliant
and progressive Barangay

Our policy thrust FY 2024 is focused to our Barangay economy. We desire to reduce
unemployment and at the same time to increase our local revenue by 20%. Our share from
Internal Revenue Allotment is our number one source of income. The 20% Development Fund to
finance Barangay Projects, Program and Activities has allotted amount of SEVEN HUNDRED
FORTY FOUR THOUSAND FOUR HUNDRED THIRTY SEVEN PESOS (P744,437.00) the share
of our Sangguniang Kabataan with Ten percent (10%) has allotted amount of FOUR HUNDRED
FIVE THOUSAND THREE EIGHTEEN and 50/100 PESOS ONLY (P405,318.50) from the
proposed budget, the BDRRM five percent (5%) has allotted share with total amount of TWO
HUNDRED TWO THOUSAND SIX FIFTY NINE and 25/100 PESOS ONLY (P202,659.25) to
cover unforeseen expenditures which may arise from the occurrence of the calamities in the area
the 5% GAD has allotted TWO HUNDRED TWO THOUSAND SIX FIFTY NINE and 25/100
PESOS ONLY (P202,659.25) the 1% BCPC has allotted amount of THIRTY SEVEN THOUSAND
TWO HUNDRED TWENTY ONE & 5/100 PESOS (P37,221.85) and the rest for other
administrative expenses.

As a leader of my barangay it is my accountability and responsibility to spend our budget


judiciously and appropriately in order to deliver quality service to my barangay especially to the
people as a whole.

Lastly, I strongly recommend the favorable consideration and approval of the Proposed
Annual Budget for FY 2024.

Thank You and God Bless.

Very Truly yours;

REYNALDO B. LOMBOY
Punong Barangay

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