Province of Siquijor – Statement of Receipts and Expenditures
by Rene Rocamora

There has been a lot of talk about Cebu seceding from the national government and just a couple of days ago, former Cebu governor Lito Osmena presented position papers regarding this concept. What about Siquijor?

The chart below clearly shows the dependence of the province from the national government. Almost all of its revenue comes from the Internal Revenue Allotment.

The next table shows the statement of receipts and expenditures for the province of Siquijor for the years 2000-2001. Important points to consider are the following:

1. Internal Revenue Allotment (IRA) - is the annual share of local governments out of the proceeds from national internal revenue taxes. It is estimated at forty percent (40%) of the actual collections of national internal revenue taxes during the third fiscal year preceding the current year, as certified by the Bureau of Internal Revenue (BIR).

2. Real property tax (RPT) collections of the province and city

3. General Services Expenditures – general administration, audit, civil service and lawmaking functions, public order and safety including various functions pertaining to law enforcement, maintenance of public order and safety and political administration.

4. Economic Services – communications, roads and transportation, facilities, agriculture, agrarian reform & natural resources, water resources development and flood control, trade & industry, power and energy & tourism

5. Social Services – education, culture and manpower development, health services, social security, welfare and employment, housing and community development and land distribution

SIQUIJOR PROVINCE
STATEMENT OF RECEIPTS & EXPENDITURES

	2000		2001		2002
Beginning Cash Balance	1,200,000		18,580,000		34,650,000
RECEIPTS:
Tax Revenue
Internal Revenue Allotment	112,950,000	95.53%	112,950,000	83.57%	137,620,000	96.41%
Real Property Taxes	1,290,000	1.09%	17,000,000	12.58%	1,312,000	0.92%
Local Taxes	120,000	0.10%	490,000	0.36%	123,000	0.09%
Total Tax Revenue	114,360,000		130,440,000		139,055,000	97.41%
Non-Tax Revenue
Operating & Misc	3,820,000	3.23%	4,720,000	3.49%	3,694,000	2.59%
Capital Revenue	-	0.00%	-	0.00%	-	0.00%
Grants	-	0.00%	-	0.00%	-	0.00%
Extra-ordinary Income	-	0.00%	-	0.00%	-	0.00%
Borrowings	-	0.00%	-	0.00%	-	0.00%
Interfund Transfers	-	0.00%	-	0.00%	-	0.00%
Other Receipts	50,000	0.04%	-	0.00%	-	0.00%
Total Non-Tax Revenue	3,870,000		4,720,000		3,694,000
Total Receipts:	118,230,000	100.00%	135,160,000	100.00%	142,749,000	97.41%
Total Financial Resources	119,430,000		153,740,000		177,399,000	*97.41%*

EXPENDITURES:
General Services	27,090,000	26.86%	33,940,000	28.50%	36,218,000	25.65%
Economic Services	21,800,000	21.62%	25,160,000	21.13%	27,413,000	19.41%
Social Services	30,640,000	30.38%	33,570,000	28.19%	38,655,000	27.37%
Others	21,320,000	21.14%	26,420,000	22.18%	38,941,000	27.57%
Total Expenditures	100,850,000	100.00%	119,090,000	100.00%	141,227,000	100.00%

Ending Cash Balance:	18,580,000		34,650,000		36,172,000

Source: Department of Budget & Management

Province of Siquijor – Statement of Receipts and Expenditures by Rene Rocamora

Province of Siquijor – Statement of Receipts and Expenditures
by Rene Rocamora