THE Sangguniang Panlalawigan chaired by Vice-Gov. Nick Besas has approved a total of P4,863,368,739.68 as Bohol’s General Fund Budget for calendar year 2026 to support its local expenditure programs.
The approval of the annual outlay was the product of marathon budget hearings conducted by appropriations committee chaired by Board Member Dr. Romulo G. Cepedoza.
Each department/office was given ample time to defend their own proposed budget during the budget hearings.
The National Tax Allocation (NTA), formerly Internal Revenue Allotment (IRA) is the single biggest source of resources amounting to P4,046,783,84.00. Services/User charges came in next to the tune of P483.036,000.00.
Other sources included: beginning balance (usually this refers to savings at end of year), P80 million; Real property tax, P61.7 million; tax on business, P23.3 million; other taxes, P19.4 million; regulatory fees, P14.2 million; receipts from economic enterprises, P7,826,500.00; Other income receipts, P127,312,525.00; capital investment receipts, P1 million; and share from national wealth& PCO lotto, P900,000.00.
The expenditure program for next year is by major expense class of the provincial government: personnel services (salaries, wages), P1,256,799,629.22; Maintenance and Other operating Expenses (MOOE), P1,464,508,453,61; and capital outlay, P70,387,706.00.
Other (expenses) programs/projects of offices (regular), P973,413,526.97; special purpose (Aid to Brgys), P50,897,837.38; 5% DRRM fund, P238,004,818.30; and 20% development fund, P809,356,768.20. (RVO)
