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Municipality of Sibulan, Negros Oriental
Statement of Comparison of Budget and Actual Amounts
All Funds
For the Year Ended December 31, 2024
(With comparative figures for CY 2023)
Budgeted Amounts Difference Difference
Particulars Actual Amounts
Original Final Original and Final Budget Final Budget and Actual
2024 2023 2024 2023 2024 2023 2024 2023 2024 2023
Revenue
A. Local Sources
1. Tax Revenue
a. Tax Revenue - Property 9,781,631.00 10,052,190.00 9,781,631.00 10,052,190.00 - - 13,669,968.12 13,091,831.07 (3,888,337.12) (3,039,641.07)
b. Tax Revenue - Goods and Services 34,408,331.00 25,255,710.00 34,408,331.00 25,255,710.00 - - 41,069,894.06 34,753,925.24 (6,661,563.06) (9,498,215.24)
c. Other Local Taxes 1,847,707.78 2,158,242.00 1,847,707.78 2,158,242.00 - - 2,296,515.91 2,399,878.63 (448,808.13) (241,636.63)
Total Tax Revenue 46,037,669.78 37,466,142.00 46,037,669.78 37,466,142.00 - - 57,036,378.09 50,245,634.94 (10,998,708.31) (12,779,492.94)
2. Non-Tax Revenue
a. Service Income 7,417,949.00 5,740,571.00 7,417,949.00 5,740,571.00 - - 10,591,266.94 9,703,144.89 (3,173,317.94) (3,962,573.89)
b. Business Income 1,007,284.22 345,000.00 1,007,284.22 345,000.00 - - 1,702,799.74 1,019,938.96 (695,515.52) (674,938.96)
c. Other Income and Receipts 10,142,556.00 7,060,262.00 10,142,556.00 7,060,262.00 - - 13,415,428.96 14,591,758.94 (3,272,872.96) (7,531,496.94)
Total Non-Tax Revenue 18,567,789.22 13,145,833.00 18,567,789.22 13,145,833.00 - - 25,709,495.64 25,314,842.79 (7,141,706.42) (12,169,009.79)
B. External Sources
1. Share from the National Internal Revenue Taxes 238,126,777.00 224,129,365.00 238,126,777.00 224,129,365.00 - - 238,180,268.00 224,122,774.00 (53,491.00) 6,591.00
2. Share from GOCCs - - - -
3. Other Shares from National Tax Collections - - - -
a. Share from Ecozone - - - -
b. Share from EVAT - - - -
c. Share from National Wealth - - - -
d. Share from Tobacco Excise Tax - - - -
4. Other Receipts - - - -
a. Grants and Donations - - - -
b. Other Subsidy Income - - - -
5. Inter-local Transfer - - - -
6. Capital /Investment Receipts - - - -
a. Sale of Capital Assets - - - -
b. Sale of Investments - - - -
c. Proceeds from Collections of Loan Receivables - - - -
C. Receipts from Borrowings - - - -
Total Revenue and Receipts 302,732,236.00 274,741,340.00 302,732,236.00 274,741,340.00 - - 320,926,141.73 299,683,251.73 (18,193,905.73) (24,941,911.73)
Expenditures
Current Appropriations
General Public Services
Personal Services 63,218,845.00 62,133,072.00 72,711,806.14 65,522,746.56 (9,492,961.14) (3,389,674.56) 66,574,544.28 60,416,617.63 6,137,261.86 5,106,128.93
Maintenance and Other Operating Expenses 65,880,262.58 58,026,092.32 76,176,511.80 70,173,241.57 (10,296,249.22) (12,147,149.25) 65,490,925.44 61,543,146.23 10,685,586.36 8,630,095.34
Capital Outlay 580,000.00 4,915,000.00 3,490,000.00 20,849,053.93 (2,910,000.00) (15,934,053.93) 350,425.00 4,127,403.85 3,139,575.00 16,721,650.08
Education - - - -
Personal Services 656,400.00 570,240.00 570,745.10 547,384.00 85,654.90 22,856.00 539,972.30 539,384.00 30,772.80 8,000.00
Maintenance and Other Operating Expenses 5,206,591.56 4,026,942.36 5,207,246.46 3,928,818.13 (654.90) 98,124.23 4,868,307.60 3,850,646.26 338,938.86 78,171.87
Capital Outlay 306,500.00 179,117.64 551,500.00 300,097.87 (245,000.00) (120,980.23) 361,572.00 123,654.00 189,928.00 176,443.87
Health, Nutrition and Population Control - - - -
Personal Services 13,404,092.00 12,532,017.00 14,315,967.06 12,594,976.71 (911,875.06) (62,959.71) 13,991,516.26 12,178,434.93 324,450.80 416,541.78
Maintenance and Other Operating Expenses 13,663,200.00 10,506,300.00 15,024,242.00 12,200,156.00 (1,361,042.00) (1,693,856.00) 13,123,399.45 10,234,434.15 1,900,842.55 1,965,721.85
Capital Outlay 200,000.00 (200,000.00) - 200,000.00 -
Labor and Employment - - - -
Personal Services - - - -
Maintenance and Other Operating Expenses - - - -
Capital Outlay - - - -
Housing and Community Development - - - -
Personal Services - - - -
Maintenance and Other Operating Expenses - - - -
Capital Outlay - - - -
Social Services and Social Welfare - - - -
Personal Services 3,961,493.00 3,927,422.00 4,588,807.59 4,143,934.45 (627,314.59) (216,512.45) 4,477,833.69 3,992,220.70 110,973.90 151,713.75
Maintenance and Other Operating Expenses 37,322,641.31 30,021,076.90 37,629,026.03 34,979,396.08 (306,384.72) (4,958,319.18) 30,108,030.21 28,991,942.05 7,520,995.82 5,987,454.03
Capital Outlay 1,000,074.76 2,030,000.00 1,000,074.76 2,065,000.00 - (35,000.00) 595,175.00 1,421,229.00 404,899.76 643,771.00
Economic Services - - - -
Personal Services 8,877,315.00 9,813,964.00 10,532,585.94 9,370,211.78 (1,655,270.94) 443,752.22 10,067,297.71 8,828,073.18 465,288.23 542,138.60
Maintenance and Other Operating Expenses 25,541,305.00 15,882,175.00 30,007,831.30 19,662,498.65 (4,466,526.30) (3,780,323.65) 25,598,631.49 16,693,851.87 4,409,199.81 2,968,646.78
Capital Outlay 600,000.00 850,000.00 1,275,000.00 1,200,015.00 (675,000.00) (350,015.00) 201,195.00 508,625.00 1,073,805.00 691,390.00
Other Purposes: - - - -
Debt Service - - - -
Financial Expense - - - -
Amortization - - - -
LDRRMF - - - -
Maintenance and Other Operating Expenses 6,363,234.49 5,952,693.25 6,658,731.49 6,283,836.81 (295,497.00) (331,143.56) 6,658,731.49 6,283,836.81 - -
Capital Outlay 8,014,213.81 7,150,000.00 8,014,213.81 13,674,511.01 - (6,524,511.01) 717,908.40 659,138.36 7,296,305.41 13,015,372.65
20% Development Fund - - - -
Maintenance and Other Operating Expenses - - - - - - -
Capital Outlay 47,625,355.40 44,825,873.00 64,294,686.03 64,095,280.43 (16,669,330.63) (19,269,407.43) 15,795,669.16 13,623,475.44 48,499,016.87 50,471,804.99
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