Camarines Sur News Public Finance

LGU Libmanan Surpasses the P100M Earnings in 2007

Cbanga360.Net - The Bicol Street Journal

Published     14 Dec , 2010  12:36 am   Updated   21 Apr , 2013 at 3:33 pm   910 views.

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?
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RankLGUAnnual Income
1Libmanan100,513,928
2Pili87,025,663
3Nabua73,268,000
4Calabanga72,647,000
5Buhi70,694,000
6Tinambac67,824,000
7Sipocot67,702,000
8Goa65,890,441
9Ragay64,549,531
10Lagonoy60,085,000
11Bula56,857,394
12Caramoan56,474,000
13Baao50,865,000

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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.
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RankLGUAnnual Income
14Pasacao49,836,501
15Bato46,883,693
16Minalabac46,069,610
17Tigaon43,255,000
18Pamplona42,124,658
19Ocampo41,948,531
20San Jose39,679,000
21Lupi39,437,940
22Garchitorena37,931,403
23Sagnay37,918,948
24Del Gallego36,513,620
25Canaman34,434,574
26San Fernando33,455,274
27Milaor30,485,030
28Presentacion28,972,087
29Balatan28,937,163
30Magarao28,302,036
31Siruma27,394,964
32Camaligan25,351,748
33Cabusao23,392,110
34Bombon20,164,896
35Gainza *14,512,469

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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.
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RankLGUAnnual IncomeIRA Allotment% of Dependence
1Presentacion28,972,08728,625,33298.80%
2Garchitorena37,931,40337,155,16197.95%
3Siruma27,394,96426,810,55397.87%
4Lupi39,437,94037,674,25995.53%
5Minalabac46,069,61043,837,86195.16%
6Ocampo41,948,53139,908,09195.14%
7San Fernando33,455,27431,751,93294.91%
8Balatan28,937,16327,453,90494.87%
9Lagonoy60,085,00056,897,00094.69%
10Magarao28,302,03626,702,97194.35%
11Ragay64,549,53160,837,72094.25%
12Buhi70,694,00066,540,00094.12%
13Sagnay37,918,94835,463,68693.52%
14Del Gallego36,513,62034,130,34493.47%
15Tinambac67,824,00063,296,00093.32%
16Cabusao23,392,11021,707,76092.80%
17Tigaon43,255,00040,137,00092.79%
18Bato46,883,69343,343,46092.45%
19Bombon20,164,89618,634,92092.41%
20Pamplona42,124,65838,819,96392.15%
21Canaman34,434,57431,517,13591.53%
22Baao50,865,00045,779,00090.00%
23Camaligan25,351,74822,811,45289.98%
24Bula56,857,39450,801,83989.35%
25Sipocot67,702,00060,031,00088.67%
26Caramoan56,474,00049,472,00087.60%
27San Jose39,679,00034,079,00085.89%
28Calabanga72,647,00062,048,00085.41%
29Pasacao49,836,50142,509,76085.30%
30Libmanan100,513,92885,507,93585.07%
31Nabua73,268,00061,190,00083.52%
32Milaor30,485,03024,363,62179.92%
33Goa65,890,44152,037,57578.98%
34Gainza *14,512,46911,296,96277.84%
35Pili87,025,66360,856,29569.93%

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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.
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LGU
Fiscal ManagementEducation, Culture & Sports/
RankSavings or Deficit AmountManpower  Development
RankAmount
Libmanan116,209,76951,898,346
Buhi214,991,00013500,000
Pili312,730,79722,444,056
Nabua410,727,00011521,000
Pamplona510,166,03120320,159
Minalabac69,925,20514432,139
San Fernando78,866,85726175,119
Del Gallego87,876,6113191,473
Baao97,293,00012508,000
Balatan106,478,420330
Ocampo115,112,66418388,178
Pasacao123,944,96523203,295
Tigaon133,869,00025176,000
Garchitorena142,756,632340
Camaligan152,062,2788683,007
Bula161,996,91919345,063
Lagonoy171,823,00024194,000
Gainza *181,675,5263240,840
Calabanga191,567,00032,122,000
Sagnay201,317,40727169,942
Sipocot211,047,0009625,000
Milaor22954,89421301,239
Ragay23870,3997763,953
Bombon24653,44030112,361
San Jose25613,00010547,000
Caramoan26596,00017392,000
Magarao27479,37916412,470
Siruma28440,15029144,260
Goa29347,90312,657,713
Presentacion30111,820350
Tinambac31-133,00042,103,000
Cabusao32-555,08028157,740
Canaman33-615,42615420,000
Lupi34-758,2026829,200
Bato35-2,308,10622253,122

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Next LGU earnings post will be about Albay.

(To be continued.)


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