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Appendix E.1
Municipality of Vallehermoso, Negros Oriental
Statement of Comparison of Budget and Actual Amounts
General Fund
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 350,000.00 350,000.00 350,000.00 350,000.00 - - 394,221.41 453,210.31 (44,221.41) (103,210.31)
b. Tax Revenue - Goods and Services 2,210,000.00 1,603,586.20 2,210,000.00 1,603,586.20 - - 3,872,219.95 3,182,259.94 (1,662,219.95) (1,578,673.74)
c. Other Local Taxes 510,000.00 428,772.51 510,000.00 428,772.51 - - 553,112.95 709,346.88 (43,112.95) (280,574.37)
Total Tax Revenue 3,070,000.00 2,382,358.71 3,070,000.00 2,382,358.71 - - 4,819,554.31 4,344,817.13 (1,749,554.31) (1,962,458.42)
2. Non-Tax Revenue
a. Service Income 1,325,000.00 1,366,677.74 1,325,000.00 1,366,677.74 - - 2,317,427.87 2,653,538.60 (992,427.87) (1,286,860.86)
b. Business Income 6,255,000.00 4,712,629.12 6,255,000.00 4,712,629.12 - - 11,018,860.00 8,140,074.34 (4,763,860.00) (3,427,445.22)
c. Other Income and Receipts 350,000.00 538,334.43 350,000.00 538,334.43 - - 5,221,318.19 173,216.93 (4,871,318.19) 365,117.50
Total Non-Tax Revenue 7,930,000.00 6,617,641.29 7,930,000.00 6,617,641.29 - - 18,557,606.06 10,966,829.87 (10,627,606.06) (4,349,188.58)
B. External Sources
1. Share from the National Internal Revenue Taxes (IRA) 168,615,222.00 158,728,222.00 168,615,222.00 158,728,222.00 - - 168,644,150.00 158,699,125.00 (28,928.00) 29,097.00
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 179,615,222.00 167,728,222.00 179,615,222.00 167,728,222.00 - - 192,021,310.37 174,010,772.00 (12,406,088.37) (6,282,550.00)
Expenditures
Current Appropriations
General Public Services
Personal Services 47,027,554.00 44,083,545.77 46,659,754.52 46,446,447.31 367,799.48 (2,362,901.54) 45,899,930.34 44,937,895.59 759,824.18 1,508,551.72
Maintenance and Other Operating Expenses 60,140,865.54 51,073,535.85 66,901,083.33 65,083,433.95 (6,760,217.79) (14,009,898.10) 55,568,373.11 50,345,577.73 11,332,710.22 14,737,856.22
Capital Outlay 640,000.00 900,000.00 23,770,307.90 7,113,371.40 (23,130,307.90) (6,213,371.40) 11,551,341.50 5,461,771.93 12,218,966.40 1,651,599.47
Education - - - -
Personal Services - - - -
Maintenance and Other Operating Expenses - - - -
Capital Outlay - - - -
Health, Nutrition and Population Control - - - -
Personal Services - - - -
Maintenance and Other Operating Expenses - - - -
Capital Outlay - - - -
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 12,817,052.00 12,752,820.00 9,585,968.18 10,311,243.26 3,231,083.82 2,441,576.74 8,792,367.51 8,046,686.29 793,600.67 2,264,556.97
Maintenance and Other Operating Expenses 1,030,500.00 1,669,214.00 1,474,420.00 1,669,214.00 (443,920.00) - 980,514.15 998,063.34 493,905.85 671,150.66
Capital Outlay 50,000.00 100,000.00 50,000.00 100,000.00 - - 4,800.00 - 45,200.00 100,000.00
Economic Services - - - -
Personal Services 7,448,418.00 8,654,824.00 7,311,691.30 8,733,499.20 136,726.70 (78,675.20) 6,300,968.50 6,658,767.03 1,010,722.80 2,074,732.17
Maintenance and Other Operating Expenses 7,647,935.00 7,746,399.36 8,886,192.76 8,095,398.35 (1,238,257.76) (348,998.99) 6,919,732.92 5,251,918.26 1,966,459.84 2,843,480.09
Capital Outlay 75,000.00 581,927.52 75,000.00 199,427.52 - 382,500.00 25,000.00 80,990.00 50,000.00 118,437.52
Other Purposes: - - - -
Debt Service - - - -
Financial Expense 6,262.93 5,099.69 6,262.93 5,099.69 - - 6,262.93 5,099.69
Amortization - - - -
LDRRMF - - - -
Maintenance and Other Operating Expenses 5,694,228.33 5,986,411.10 6,008,355.83 5,771,607.68 (314,127.50) 214,803.42 6,008,355.83 5,771,607.68 - -
Capital Outlay 3,286,532.77 2,400,000.00 3,286,532.77 2,800,000.00 - (400,000.00) 2,400,000.00 3,286,532.77 400,000.00
20% Development Fund - - - -
Maintenance and Other Operating Expenses 2,800,000.00 1,600,000.00 - 1,200,000.00 270,000.00 - 1,330,000.00
Capital Outlay 33,723,044.40 28,945,644.40 33,723,044.40 30,145,644.40 - (1,200,000.00) 20,920,930.09 18,660,178.54 12,802,114.31 11,485,465.86
Share from National Wealth - - - -
Maintenance and Other Operating Expenses - - - -
Capital Outlay - - - -
Allocation for Senior Citizens and PWD - - - -
Maintenance and Other Operating Expenses - - - -
Capital Outlay - - - -
Others - - - -
Personal Services - - - -
Maintenance and Other Operating Expenses 27,829.03 28,800.31 27,829.03 28,800.31 - - 15,000.00 15,000.00 12,829.03 13,800.31
Capital Outlay - - - -
Total Current Appropriations 179,615,222.00 167,728,222.00 207,766,442.95 188,103,187.07 (28,151,220.95) (20,374,965.07) 162,987,313.95 148,898,456.39 44,779,129.00 39,204,730.68
Continuing Appropriations - -
General Public Services - -
Capital Outlay 9,438,184.36 19,034,854.97 9,438,184.36 19,034,854.97 - - 3,438,485.45 11,497,697.60 5,999,698.91 7,537,157.37
Education - - - -
Capital Outlay - - - -
Health, Nutrition and Population Control - - - -
Capital Outlay - - - -
Labor and Employment - - - -
Capital Outlay - - - -
Housing and Community Development - - - -
Capital Outlay - - - -
Social Services and Social Welfare - - - -
Capital Outlay - - - -
Economic Services - - - -
Capital Outlay - - - -
Other Purposes: - - - -
LDRRMF (Capital Outlay) 434,035.80 160,535.80 434,035.80 160,535.80 - 126,500.00 434,035.80 34,035.80
20% Capital Outlay 19,406,366.74 11,305,764.67 19,406,366.74 11,305,764.67 - - 11,524,895.56 4,764,863.79 7,881,471.18 6,540,900.88
Total Continuing Appropriations 29,278,586.90 30,501,155.44 29,278,586.90 30,501,155.44 - - 14,963,381.01 16,389,061.39 14,315,205.89 14,112,094.05
Total Appropriations 208,893,808.90 198,229,377.44 237,045,029.85 218,604,342.51 (28,151,220.95) (20,374,965.07) 177,950,694.96 165,287,517.78 59,094,334.89 53,316,824.73