The resolution no. 108-14 adopting resolution no. 02-14 series of 2014 of the City Development Council Executive Committee has been approved by the 12th Sangguniang Panlungsod at its first regular session in the month of July.
The resolution seeks for the approval of the 2014 2nd Supplemental Investment Plan (SIP 2) of the City of Tagbilaran amounting to one hundred forty seven million seven hundred fifty five thousand and eighty seven pesos (Php 147,755,087.00)
The SIP includes 116.6 million financial grants from the National Government from the Office of the President coursed to the Provincial Government of Bohol to be included in the investment plan so it can be included in our 2014 budget. The budget office cannot appropriate the financial assistance if it is not included in the SIP.
Also included in the 147 million are the investment plan in the Disaster Risk Reduction Management Fund amounting to 7.6 million for tools and equipment procurement, 7.5 million for improvement for drainage system, 4 million from general fund, and the rest of the for the repairs for the Fire Station, Senior Citizen building,Health Center, and Barangay Halls of Ubujan, Manga and San Isidro.