REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FINANCE MANILA OFFICE OF LOCAL GOVERA'.I NT FINANCE

DEPARTMENT ORDER NO. August 11, 1987

!OI 13"

SUBJECT:

RECLASSIFICATION OF THE MUNICIPALITY OF BUNAWAN IN THE PROVINCE OF AGUSAN-DEL SUR, EFFECTIVE JULY 1, 1986, IN ACCORDANCE WITH THE PROVISIONS OF PRESIDENTIAL DECREE NO. 465.

TO

The Regional Director for Local Government Finance, Region X, the Provincial Governor; the Sangguniang Panlalawigan; the Provincial Treasurer and the Provincial Auditor of Agasan del Sur; 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 Bunawan in the province of Agusan del But is hereby reclassified from Third to Second Class, effective July 1, 1986, on the basis of its average annual income of 1,020,932.03 actually realized during the last four (4) consecutive calendar years (1982-1985), as certified by the Commission on Audit under its 2nd indorsement dated August 7, 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 Bunawan in accordance with existing law and regulations.

By authority of the Secretary:

LORIND Dir

L CARLOS for

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