Republic of the Philippines
Province of Negros Oriental
Municipality of La Libertad
Notes to Financial Statements
(All amounts in Philippine Peso unless otherwise stated)
Note 1 - Profile
The Municipality of La Libertad was created in 1902 under the Municipal Code (Act
No.82), which was enacted by the Second Philippine Commission.
In April 1903, the Philippine Commission passed a resolution (Act No. 715) adopting the
policy of reduction of the number of municipalities in each province. The number of
municipalities was reduced from 24 to 14, wherein the municipalities of La Libertad and
Jimalalud were merged with the Municipality of Tayasan. Later, the Provincial Board of
Negros Oriental separated the Municipality of La Libertad from the Municipalities of
Tayasan and Jimalalud on January 10, 1919 under Resolution No. 368 passed on July 11,
1918.
Presently, it is a 3rd class municipality which is composed of 29 barangays with a
population of 41,089 and a total land area of 13,960 hectares.
The Municipality’s major concern is the continuing expansion of rural electrification and
water services, which are the vital needs of the constituents, especially in the upper
barangays, and the continuing project for the concreting of farm-to-market roads
(concreting Barangay Guihob to Barangay Pacuan provincial road). The LGU also
constructed a new market in North Poblacion, replacing the old ones to provide a more
convenient place for the buying public as well as those farmers selling their own products
coming from the upper barangays locally known as “Paunay”.
1.1 Pursuant to Republic Act No. 7160, the Local Government Code of 1991, LGUs have the
following goals:
a. To improve the quality of life of the constituents and alleviate poverty through
sustainable activities to meet the minimum basic needs;
b. To attain economic growth and social equity through agricultural development with
a balanced ecology;
c. To maximize the development of business and industry to generate employment
and increase the income and purchasing power of the constituents;
d. To provide infrastructures and utilities in support of the people’s economic, social,
political, and ecological activities, as well as develop and create a climate favorable
to industrialization;
e. To ensure effective governance through a responsive fiscal and administrative
management;
f. To encourage active participation of Non-Governmental Organizations/Private
Organizations (NGOs/POs) and special bodies in the planning and implementation
of community programs and projects; and
g. To provide livelihood and employment opportunities.
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