LGU Libmanan Surpasses the P100M Earnings in 2007

St. James Cathedral of the Diocese of Libmanan.

We continue the presentation of annual earnings of Bicol local government units (LGU) starting with Camsur towns, here.

For the fiscal year of 2007, the LGU of Libmanan was the first and only that surpassed the P100M earnings among the 35 municipalities, while capital town Pili had P87M. Rinconada’s Nabua made P73.2M and the third district town of Calabanga earned P72.6M.

Fourth district’s Tinambac grossed P67.8M followed by Ragay’s P64.5M earnings. Quite notable here that Caramoan now surpassed Baao in yearly earnings. Could it be traced to the snowballing effect of the tourism interest and development in the area?
.

Rank LGU Annual Income
1 Libmanan 100,513,928
2 Pili 87,025,663
3 Nabua 73,268,000
4 Calabanga 72,647,000
5 Buhi 70,694,000
6 Tinambac 67,824,000
7 Sipocot 67,702,000
8 Goa 65,890,441
9 Ragay 64,549,531
10 Lagonoy 60,085,000
11 Bula 56,857,394
12 Caramoan 56,474,000
13 Baao 50,865,000

.
The rest of CamSur towns that fell below P50M annual income are tabled below.  Aside from Caramoan we are keeping a close watch on the town of Siruma, too, (we will reveal one factor on our series about the town, so keep on reading) which in 2007 only earned P27.34M, the fifth poorest of the province.

Tiny LGU Gainza hugged the bottom list. I still like the idea of merging Gainza and Camaligan with independent component LGU Naga city. Perhaps it will pave the way for a new congressional district for the city, mind you. It will also do away with 2 mayors, 2 vice-mayors, and some staff/employees in the process which will bring savings to the LGU.
.

Rank LGU Annual Income
14 Pasacao 49,836,501
15 Bato 46,883,693
16 Minalabac 46,069,610
17 Tigaon 43,255,000
18 Pamplona 42,124,658
19 Ocampo 41,948,531
20 San Jose 39,679,000
21 Lupi 39,437,940
22 Garchitorena 37,931,403
23 Sagnay 37,918,948
24 Del Gallego 36,513,620
25 Canaman 34,434,574
26 San Fernando 33,455,274
27 Milaor 30,485,030
28 Presentacion 28,972,087
29 Balatan 28,937,163
30 Magarao 28,302,036
31 Siruma 27,394,964
32 Camaligan 25,351,748
33 Cabusao 23,392,110
34 Bombon 20,164,896
35 Gainza * 14,512,469

.
Checking out the LGU’s dependence on Internal Revenue Allotment (IRA) from the national government, coastal town Presentacion topped the list as the most and highly dependent among the 35 at 98.80% while Pili with 69.93% ranked the least dependent of all. Libmanan, Calabanga, Pasacao and San Jose, all had 85% IRA-dependence.
.

Rank LGU Annual Income IRA Allotment % of Dependence
1 Presentacion 28,972,087 28,625,332 98.80%
2 Garchitorena 37,931,403 37,155,161 97.95%
3 Siruma 27,394,964 26,810,553 97.87%
4 Lupi 39,437,940 37,674,259 95.53%
5 Minalabac 46,069,610 43,837,861 95.16%
6 Ocampo 41,948,531 39,908,091 95.14%
7 San Fernando 33,455,274 31,751,932 94.91%
8 Balatan 28,937,163 27,453,904 94.87%
9 Lagonoy 60,085,000 56,897,000 94.69%
10 Magarao 28,302,036 26,702,971 94.35%
11 Ragay 64,549,531 60,837,720 94.25%
12 Buhi 70,694,000 66,540,000 94.12%
13 Sagnay 37,918,948 35,463,686 93.52%
14 Del Gallego 36,513,620 34,130,344 93.47%
15 Tinambac 67,824,000 63,296,000 93.32%
16 Cabusao 23,392,110 21,707,760 92.80%
17 Tigaon 43,255,000 40,137,000 92.79%
18 Bato 46,883,693 43,343,460 92.45%
19 Bombon 20,164,896 18,634,920 92.41%
20 Pamplona 42,124,658 38,819,963 92.15%
21 Canaman 34,434,574 31,517,135 91.53%
22 Baao 50,865,000 45,779,000 90.00%
23 Camaligan 25,351,748 22,811,452 89.98%
24 Bula 56,857,394 50,801,839 89.35%
25 Sipocot 67,702,000 60,031,000 88.67%
26 Caramoan 56,474,000 49,472,000 87.60%
27 San Jose 39,679,000 34,079,000 85.89%
28 Calabanga 72,647,000 62,048,000 85.41%
29 Pasacao 49,836,501 42,509,760 85.30%
30 Libmanan 100,513,928 85,507,935 85.07%
31 Nabua 73,268,000 61,190,000 83.52%
32 Milaor 30,485,030 24,363,621 79.92%
33 Goa 65,890,441 52,037,575 78.98%
34 Gainza * 14,512,469 11,296,962 77.84%
35 Pili 87,025,663 60,856,295 69.93%

.
Taking a closer look now at how the LGU executives handled the disbursement of people’s tax money here.  Goa ranked first in allocating funds for education, culture & sports and manpower development.  The towns of Balatan, Garchitorena and Presentacion spent not a single centavo, though.

At the end of the year, Libmanan saved P16.2M and topped the list.  Calabanga saved P1.567M.  Bato, Lupi,  Canaman, Cabusao and Tinambac went on the red this time.
.

LGU
Fiscal Management Education, Culture & Sports/
Rank Savings or Deficit Amount Manpower  Development
Rank Amount
Libmanan 1 16,209,769 5 1,898,346
Buhi 2 14,991,000 13 500,000
Pili 3 12,730,797 2 2,444,056
Nabua 4 10,727,000 11 521,000
Pamplona 5 10,166,031 20 320,159
Minalabac 6 9,925,205 14 432,139
San Fernando 7 8,866,857 26 175,119
Del Gallego 8 7,876,611 31 91,473
Baao 9 7,293,000 12 508,000
Balatan 10 6,478,420 33 0
Ocampo 11 5,112,664 18 388,178
Pasacao 12 3,944,965 23 203,295
Tigaon 13 3,869,000 25 176,000
Garchitorena 14 2,756,632 34 0
Camaligan 15 2,062,278 8 683,007
Bula 16 1,996,919 19 345,063
Lagonoy 17 1,823,000 24 194,000
Gainza * 18 1,675,526 32 40,840
Calabanga 19 1,567,000 3 2,122,000
Sagnay 20 1,317,407 27 169,942
Sipocot 21 1,047,000 9 625,000
Milaor 22 954,894 21 301,239
Ragay 23 870,399 7 763,953
Bombon 24 653,440 30 112,361
San Jose 25 613,000 10 547,000
Caramoan 26 596,000 17 392,000
Magarao 27 479,379 16 412,470
Siruma 28 440,150 29 144,260
Goa 29 347,903 1 2,657,713
Presentacion 30 111,820 35 0
Tinambac 31 -133,000 4 2,103,000
Cabusao 32 -555,080 28 157,740
Canaman 33 -615,426 15 420,000
Lupi 34 -758,202 6 829,200
Bato 35 -2,308,106 22 253,122

.
Next LGU earnings post will be about Albay.

(To be continued.)


More on video library:
    HERE FOR MORE

*****

    inMotion Latest

    inMotion Previous

*****

    Red Monkey Talks Latest

    Red Monkey Talks Previous

.

SUBSCRIBE BECAUSE WHY NOT

Get Cbanga360 Updates by Email, Because Why Not?
Enter your email address to subscribe and receive notifications of latest stories. By Signing Up, You Agree To Our Privacy Policy And European Users Agree To The Data Transfer Policy.

*18

****

SUGGESTED FOR YOU

****

Let's create community! Tell us your thoughts on this article. If logged in with any of your Wordpress.com, Twitter, Facebook, Google+, or registered on this site before, then you can simply write your comment below. Thanks and appreciate your feedback.