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                                                                                    Appendix B.1


                                       Province of Negros Oriental
                                         Municipality of Sibulan
                             STATEMENT OF FINANCIAL PERFORMANCE
                                              General Fund
                                 For the Year Ended December 31, 2024
                                 (With Comparative Figures for CY 2023)



                                                                2024                  2023

Revenue
   Tax Revenue                                        ₱       49,493,028.96    ₱    42,635,195.62
   Share from Internal Revenue Collections                   238,180,268.00        224,122,774.00
   Other Share from National Taxes                                      -                     -
   Service and Business Income                                24,839,969.78         24,313,676.49
   Shares, Grants and Donations                                         -                     -
   Gains                                                                -                     -
   Miscellaneous Income                                          944,263.64          1,001,166.30
Total Revenue                                                313,457,530.38        292,072,812.41
Less: Current Operating Expenses
   Personnel Services                                         95,092,644.40         85,415,346.44
   Maintenance and Other Operating Expenses                  139,182,433.09        120,602,277.14
   Financial Expenses                                                   -                     -
   Non-cash Expenses                                          28,558,342.33         22,461,494.82
   Loss on Sale of Biological Assets                                    -                     -
Current Operating Expenses                                   262,833,419.82        228,479,118.40
Surplus (Deficit) from Current Operation                      50,624,110.56         63,593,694.01
   Add (Deduct):
       Transfers, Assistance and Subsidy From
       Transfers, Assistance and Subsidy To                   (1,513,000.00)        (1,367,660.00)
   Net Financial Assistance/Subsidy                           (1,513,000.00)        (1,367,660.00)

Surplus (Deficit) for the period                      ₱       49,111,110.56    ₱    62,226,034.01