Province of Negros Oriental
Municipality of Vallehermoso
STATEMENT OF FINANCIAL PERFORMANCE
For the Year Ended December 31, 2024
(With Comparative Figures for CY 2023)
Note 2024 2023
Revenue
Tax Revenue 17 ₱ 5,312,330.82 ₱ 4,911,329.89
Share from Internal Revenue Collections 18 168,644,150.00 158,699,125.00
Service and Business Income 19 13,368,538.32 10,821,051.48
Shares, Grants, and Donations 21 48,778,611.55 20,446,055.51
Total Revenue ₱236,103,630.69 ₱ 194,877,561.88
Less: Current Operating Expenses
Personnel Services 22 ₱ 60,993,266.35 ₱ 59,643,348.91
Maintenance and Other Operating Expenses 23 112,865,113.99 71,256,599.94
Non-cash Expenses 24 35,509,342.87 30,145,066.65
Current Operating Expenses ₱209,367,723.21 ₱ 161,045,015.50
Surplus (Deficit) From Current Operation ₱ 26,735,907.48 ₱ 33,832,546.38
Add (Deduct):
Transfer, Assistance, and Subsidy From 25 ₱ 2,597,291.43 ₱ 0.00
Transfer, Assistance, and Subsidy To 26 (2,709,228.33) 3,460,923.33
Net Financial Assistance/Subsidy ₱ (111,936.90) ₱ (3,460,923.33)
Other Non-Operating Income (Losses)
Miscellaneous Income 20 ₱ 190,584.00 ₱ 146,186.62
Net Other Non-Operating Income (Losses) ₱ 190,584.00 ₱ 146,186.62
Surplus (Deficit) for the period ₱ 26,814,554.58 ₱ 30,517,809.67
See accompanying Notes to Financial Statements.
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