Malaybalay City’s 2009 budget: P433 million

The city council here has approved P433 million for this year’s budget of the city government, including adjustments for City Hall reorganization.

The move was one of the first actions of the City Council this year on its first regular session on January 6.

The Council approved P175.17 million under general fund expenses budget for the 29 departments and units of the city government.

The city government also allotted P80 million for “statutory and contractual obligations” sourced from 20-percent development fund.

The city government’s mandatory budget for calamities and for gender concerns was pegged at P21.53 million each.