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Republic of the Philippines
Province of Negros Oriental
CITY OF GUIHULNGAN
Statement of Comparison of Budget and Actual Amounts
For the Year Ended December 31, 2024
(With comparative figures for CY 2023)
(in Philippine Peso)
Budgeted Amounts Difference Difference
Actual Amounts
Particulars Original and Final Budget Final Budget and Actual
Original Final
2024 2023 2024 2023 2024 2023 2024 2023 2024 2023
Revenue
A. Local Sources
1. Tax Revenue
a. Tax Revenue - Individual and
Corporation - - - - - - 1,636,516.06 1,711,928.51 (1,636,516.06) (1,711,928.51)
b. Tax Revenue - Property 5,400,000.00 5,400,000.00 5,400,000.00 5,400,000.00 - - 5,446,422.14 5,602,745.44 (46,422.14) (202,745.44)
c. Tax Revenue - Goods and Services 8,500,000.00 7,500,000.00 8,500,000.00 7,500,000.00 - - 10,803,289.89 9,574,665.79 (2,303,289.89) (2,074,665.79)
d. Other Local Taxes 3,100,000.00 3,100,000.00 3,100,000.00 3,100,000.00 - - 530,164.56 718,476.53 2,569,835.44 2,381,523.47
Total Tax Revenue 17,000,000.00 16,000,000.00 17,000,000.00 16,000,000.00 - - 18,416,392.65 17,607,816.27 (1,416,392.65) (1,607,816.27)
2. Non-Tax Revenue
a. Service Income 2,700,000.00 2,500,000.00 2,700,000.00 2,500,000.00 - - 5,277,401.06 5,748,380.05 (2,577,401.06) (3,248,380.05)
b. Business Income 25,500,000.00 22,800,000.00 25,500,000.00 22,800,000.00 - - 22,566,340.95 21,461,752.33 2,933,659.05 1,338,247.67
c. Other Income and Receipts 500,000.00 470,000.00 500,000.00 470,000.00 - - 622,721.45 426,686.17 (122,721.45) 43,313.83
Total Non-Tax Revenue 28,700,000.00 25,770,000.00 28,700,000.00 25,770,000.00 - - 28,466,463.46 27,636,818.55 233,536.54 (1,866,818.55)
B. External Sources
1. Share from the National Tax
Allotment (NTA) 1,066,370,326.00 1,007,331,234.00 1,066,370,326.00 1,007,331,234.00 - - 1,064,551,584.00 1,004,076,369.00 1,818,742.00 3,254,865.00
2. Share from GOCCs - - - - - - - - - -
3. Other Shares from National Tax
Collections - - - - - - - - - -
a. Share from Ecozone - - - - - - - - - -
b. Share from EVAT - - - - - - - - - -
4. Other Receipts - - - - - - 130,691.02 665,570.00 (130,691.02) (665,570.00)
a. Grants and Donations - - - - - - 129,066.50 665,570.00 (129,066.50) (665,570.00)
b. Other Subsidy Income - - - - - - - - - -
c. Gains - - - - - - 1,624.52 - (1,624.52) -
C. Receipts from Borrowings - - - - - - 76,490,956.23 148,575,662.29 (76,490,956.23) (148,575,662.29)
Total Revenue and Receipts 1,112,070,326.00 1,049,101,234.00 1,112,070,326.00 1,049,101,234.00 - - 1,188,056,087.36 1,198,562,236.11 (75,985,761.36) (149,461,002.11)
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