Notes to Financial Statements
MUNICIPALITY OF TAYASAN
(All amounts in Philippine Peso unless otherwise stated)
Note 1. General Agency Profile
1.1 The Municipality of Tayasan was created through a Spanish Decree, issued on May 8,
1790. In that Decree, Municipality comprises of the settlement of Ti-as, Ayung,
Himbabalud and Hinobaan. In the course of time, the population of each settlement
grew and the three other settlements were converted into Municipalities and are
currently and respectively called Ayungon, Jimalalud and La Libertad. Tias the original
set of Municipality becomes Tayasan.
It got its name from “Tias”, a shrub that grew lustily along the plain of Barangay
Poblacion, Cabulotan, Matu-og and the neighboring Barangays surrounding the
Poblacion. Such shrub was more numerous and prominent in Barangay Poblacion,
spreading all the way to the costal area, especially at the eastern portion of the
Municipal Hall.
As time as passed by, the area became a settlement, and for want a name; when the
people would be asked where they were living or where he was going, they were told
to answer in Cebuano: this way “Sa Tiasan”. From then on, the place was called
Tiasan. In later years, the letter “I” was removed and was removed and replaced with
“ay”, such that today, “tiasan” becomes “Tayasan”, the current name of the
Municipality.
Before the Spanish era, Tayasan was populated with “Aetas” who lived in the lowlands
along riverbeds later resettled in the Hinterland Forest and eventually vanished
gradually. “Ilang-Ilang” is the official flower of the Municipality, a rare species and
is nearing extinction and now being propagated.
It has two big rivers traversing the hinterlands, namely, Tibyawan river (with mouth
opening at Tañon Straight) and Jilabangan River up to Kabankalan of Negros
Occidental. The major road netwoks Tamao, Cambaye, Matauta, Tambulan,
Jilabangan, Pinalubngan and Guincalaban, Linao, Bago, Pindahan, Tanlad, Pinocawan
extend from the main highway that link one Barangay to the other. Arteries of foot
path and trail made it possible for one to reach the interior Barangays.
Tayasan is primarily an agricultural community, 95% of the populace derived their
income from agriculture. Tayasan farmers have turned to high value crops such as
rice, corn, sugarcane, coconut, banana, and livestock production. Some of them have
ranches of domesticated cattle, sheep and goats. Hogs and poultry raising have also
found their way to alleviate the living condition of the residents. For those living along
the coastal areas, fishing in their main livelihood. Apparently, agriculture, livestock
production and fishing play vital rules in the town’s economy. In recent years mat,
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