MAYOR Benjamin S. Lim has appealed to the Sangguniang Panlungsod (SP) to ratify the proposed framework for Dagupan’s Annual Investment Plan (AIP) covering the city’s budget for the next six years requiring a total investment of P1.473 billion.
Lim’s letter to the SP dated September 27, 2012 outlined what he considered as the “significant fiscal step-up” which cannot be attributed to the Internal Revenue Allocation (IRA) increase, but to his administration’s fiscal management.
“We can surmise that the proliferation of various industries in and around the city paved the way for the expansion of service-oriented industries such as health care, education, commerce and finance to serve the increasing demand of the city’s economy and our people,” Lim said.
His proposal will require a total investment of P1.473 billion broken down as follows: General Public Services Sector, P417, 192,280; Social Services Sector, P585,036,850; Economic Service Sector, P426,886,010; and Other Services P44,500,000.
It identified the 20% Development Fund, Calamity Fund, Special Education Fund, Trust fund and grants from the national government, congressional fund and foreign aid as sources of fund
The mayor listed under his major programs the “innovative but scientific solutions to address perennial challenges besetting the city such as flooding, garbage collection and coastal management.”
“We shall enhance local disaster risk reduction and management with the implementation of our CDRRM plan which is relative to our effort in coastal resource management and ecological management programs,” he said.
The AIP also covers improvements in the operations of the One-Stop-Business services, the rational assessment of real properties and further improvement of the over-all fiscal and treasury operations including budget executions.
Vice Mayor Belen Fernandez, chair of the SP, said committee hearings on the proposed AIP will be conducted until October 30 this year for further discussion and study. (CIO)