BACOLOD City – The Provincial Board of Negros Occidental is expected to approve the province’s proposed P4.2-billion 2020 budget by the end of the month.
“We can finish it probably by the end of November since we have already set a schedule,” Vice Gov. Jeffrey Ferrer said before the five-day budget deliberations, which started on Wednesday. The 2020 proposed budget is 5-percent higher compared to this year’s P4 billion.
Ferrer, however, said there’s a possibility that the wrapping up of the discussions would be delayed by a day or two.
The first day covered discussions on the allocations for the General Public Sector including the Governor’s Office, Office of the Provincial Administrator, Vice Governor’s Office, the Provincial Board, Provincial Accountant’s Office, Provincial Treasurer’s Office, Provincial Assessor’s Office, and General Services Office, among others.
Meanwhile, the deliberations for the Economic Sector and Social Sector-Part 1 will be on Thursday and Friday, respectively.
The remaining two days – Nov. 20 and 21 – will be scheduled for the Social Sector-Part 2 and Special Appropriations.
For 2020, the provincial government will receive the Internal Revenue Allotment share of P3.726 billion, which will form the bulk of the budget source.
Other sources are earnings from the province’s economic enterprise and other local income. (With a report from PNA/PN)