The 14th Sangguniang Panlungsod led by City Vice Mayor Jose Antonio S. Veloso, approved during the session assembled today, the annual budget of Barangay Poblacion III amounting to P 8,100,000. Under Section 57 of RA 7160, the Sangguniang Panlungsod has the power to review the barangay ordinances submitted by the Sangguniang Barangay. With the favorable recommendation from the Local Finance Committee, the 14th SP has duly approved the resolution declaring the Annual Budget of Poblacion III operative.