Province of Negros Oriental
Municipality of La Libertad
STATEMENT OF FINANCIAL PERFORMANCE
For the Year Ended December 31, 2024
(With Comparative Figures for CY 2023)
Note 2024 2023
Revenue
Tax Revenue 15 ₱ 1,439,093.12 ₱ 1,481,150.43
Share from Internal Revenue Collections 16 178,830,803.00 168,293,697.00
Service and Business Income 17 10,955,428.29 12,227,597.81
Shares, Grants, and Donations 18 1,988,777.00 0.00
Total Revenue ₱193,214,101.41 ₱ 182,002,445.24
Less: Current Operating Expenses
Personnel Services 19 ₱ 58,073,083.77 ₱ 59,198,444.88
Maintenance and Other Operating Expenses 20 92,749,752.22 153,802,769.83
Non-cash Expenses 21 19,003,666.36 15,932,279.46
Current Operating Expenses ₱169,826,502.35 ₱ 228,933,494.17
Surplus (Deficit) From Current Operation ₱ 23,387,599.06 ₱ (46,931,048.93)
Add (Deduct):
Transfer, Assistance, and Subsidy From ₱ 995,824.21 ₱ 0.00
Transfer, Assistance, and Subsidy To 22 2,382,676.49 9,892,157.21
Net Financial Assistance/Subsidy ₱ (1,386,852.28) ₱ (9,892,157.21)
Other Non-Operating Income (Losses)
Miscellaneous Income 23 ₱ 370,879.40 ₱ 571,706.46
Net Other Non-Operating Income (Losses) ₱ 370,879.40 ₱ 571,706.46
Surplus (Deficit) for the period ₱ 22,371,626.18 ₱ (56,251,499.68)
See accompanying Notes to Financial Statements.
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