`Q^M6 PA,y,,^4

EPUBLIKA NG PILIPINAS

MINISTfu NG, PANANALAPI MAYN I LA

OFFICE OF LOCAL GOVERNMENT FINANCE DEPARTMENT ORDER NO. L7 (February 18, 1987 SUBJECT: RECLASSIFICATION OF THE MUNICIPALITY OF PRESIDENT MANUEL A. ROXAS IN THE PROVINCE OF ZAMBOANGA DEL NORTE EFFECTIVE JULY 1, 1986, IN ACCORDANCE WITH THE PROVISIONS OF PRESIDENTIAL DECREE NO. 465. TO

: The Regional Director for Local Government Finance, Region IX, the Provincial Governor, the Sangguniang Panglalawigan, the Provincial Treasurer and the Provincial Assessor of Zamboanga del Norte, the Municipal Mayor, the Sangguniang Bayan and the Municipal Treasurer of President Manuel A. Roxas and Others Concerned.

Pursuant to Section 5 of Presidential Decree No. 465, the municipality of President Manuel A. Roxas in the province of Zamboanga del Norte is hereby reclassified from Fourth Class to Second Class effective July 1, 1986, on the basis of its average annual income of Y1,166,410.65 actually realized during the last four (4) consecutive calendar years (1982-1985) as certified by the Commission on Audit under its 3rd Indorsement dated February 4, 1987. The foregoing classification of the said municipality 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 local government officials and employees in accordance with existing law and regulations. By authority of the Secretary:

LORIN GM. CARLOS D iQctor oaj/

ISANG BANSA, ISANG DIWA, ISANG WIKA

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