REPUBLIC OF THE PHILIPPINES
DEPARTMENT OF FINANCE MANILA OFFICE OF LOCAL GOVERNMENT FINANCE
DEPARTMENT ORDER NO. 10V - 9'/ July 1, 1987
RECLASSIFICATION OF THE MUNICIPALITY OF CATANAUAN IN TEE PROVINCE OF QUEZON, EFFECTIVE JULY 1, 1986, IN ACCORDANCE WITH THE PROVISIONS OF PRESIDENTIAL DECREE NO. 465.
The Regional Director for Local Government Finance, Region IV, the Provincial Governor; the Sangguniang Panlalawigan; the Provincial Treasurer and the Provincial Auditor of Quezon; the Municipal Mayor; the Sangguniang Bayan and the Municipal Treasurer and Others Concerned.
Pursuant to Section 5 of Presidential Decree No. 465, the municipality of Catanauan in the province of Quezon is hereby reclassified from Third to Second Class, effective July 1, 1986, on the basis of its average annual income of 1,279,733.65 actually realized during the last four (4) consecutive calendar years (1982-1985), as certified by the Commission on Audit under its letter dated April 27, 1987. The foregoing classification shall be the basis for determining the maximum amounts expendable for salaries and wages, representation allowances, administrative aids and other statutory contributions in the adoption of the annual budgets, as well as the maximum salary rates of municipal officials and employees of Catanauan in accordance with existing law and regulations.
By authority of the Secretary:
LORIND Di' a
. CARLOS for