Appendix B.1
Province of Negros Oriental
Municipality of Vallehermoso
STATEMENT OF FINANCIAL PERFORMANCE
General Fund
For the Year Ended December 31, 2024
(With Comparative Figures for CY 2023)
2024 2023
Revenue
Tax Revenue 4,819,554.31 4,344,817.13
Share from Internal Revenue Collections 168,644,150.00 158,699,125.00
Service and Business Income 13,368,210.51 10,820,643.25
Shares, Grants, and Donations 4,998,811.55 8,683,117.00
Other Income 190,584.00 146,186.62
Total Revenue 192,021,310.37 182,693,889.00
Less: Current Operating Expenses
Personnel Services 60,993,266.35 59,643,348.91
Maintenance and Other Operating Expenses 67,537,265.78 59,023,690.38
Non-cash Expenses 35,502,348.14 30,139,437.90
Current Operating Expenses 164,032,880.27 148,806,477.19
Surplus (Deficit) from Current Operation 27,988,430.10 33,887,411.81
Add (Deduct):
Transfers, Assistance, and Subsidy From 0.00 0.00
Transfers, Assistance, and Subsidy To (2,709,228.33) (3,460,923.33)
Surplus(Deficit) for the period 25,279,201.77 30,426,488.48
