Cebu City’s P10.4 B budget for 2020 sources funds from SRP sales

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CEBU CITY, Philippines — The Cebu City Council has passed the P10.4 billion budget for the city for 2020 in a regular session on December 18, 2019, through a division of the house. Nine Barug-PDP Laban approved the budget including the Councilors Raymond Alvin Garcia, Renato Osmeña, Jr., Joel Garganera, Antonio Cuenco, Jerry Guardo, Donaldo […]

The Cebu City Council has passed the P10.4 billion budget of the city for 2020 through division of the house. | Delta Letigio

Nine Barug-PDP Laban approved the budget including the Councilors Raymond Alvin Garcia, Renato Osmeña, Jr., Joel Garganera, Antonio Cuenco, Jerry Guardo, Donaldo Hontiveros, Eduardo Rama, Jr., Prisca Niña Mabatid, Philip Zafra, and David Tumulak. Only BO-PK member, ex officio Councilor Franklyn Ong, who is also the president of the Association of Barangay Councils abstained from voting but did not reveal the reason for doing so.The opposition councilors manifested their objection on the source of funds for the budget as at least P1.5 billion of the budget would be taken from the proceeds of the controversial 2015 sale of a 45-hectare property at the South Road Properties to the SM-Ayala consortium.

As proposed, the biggest bulk of the budget goes to the general public service, which included allocations for the city’s departments and services, amounting to P4.8 billion. It is then followed by social services, which is allotted P2.9 billion.

 

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