Republic of the Philippines MINISTRY OF FINANCE Office of the Minister Manila OFFICE OF LOCAL GOVERNMENT FINANCE MINISTRY ORDER NO. September 8, 1982

2.

SUBJECT:

RECLASSIFICATION OF THE CITY OF CABANATUAN EFFECTIVE JULY 1, 1982, IN ACCORDANCE WITH THE PROVISIONS OF PRESIDENTIAL DECREE NO. 465.

TO

The Regional Director for Local Government Finance, Region III, City Mayor, Sangguniang Panglunsod, City Treasurer and Auditor, and Others concerned.

.

Pursuant to Section 2 of Presidential Decree No. 465, the City of Cabanatuan maintains its present classification as First Class, effective July 1, 1982, on the basis of its average annual income of $9,504,121.00 actually realized during the last four (4) calendar years (1978-1981), as certified by the Commission on Audit under letter dated September 1, 1982. Furthermore, pursuant to Section 3 of the aforementioned Presidential Decree, the City of Cabanatuan is hereby subclasified from First Class B to First Class A, effective July 1, 1982, on the basis of the average annual income of $11,384,474.47 actually realized during the last two (2) consecutive calendar years (1980-1981), as certified also by the said Commission. The foregoing classification and sub-classification of the said city 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 Minister:

LORINI^4 M. CARLOS Di ctor ca

"Isang Bansa, Isang Diwa"