Other Maintenance and Operating
2024 2023
Expenses
Advertising Expenses ₱ 89,200.00 ₱ 4,000.00
Printing and Publication Expenses 0.00 0.00
Rent Expenses 120,000.00 115,500.00
Membership Dues and Contributions to
Organizations 57,600.00 7,600.00
Subscription Expense 0.00 2,124.00
Donations 5,734,104.00 11,688,652.00
Other Maintenance and Operating
Expenses 66,252,426.27 44,766,692.83
Sub-total ₱ 72,253,330.27 ₱ 56,584,568.83
Total Maintenance and Other Operating
Expenses ₱ 110,545,507.21 ₱ 87,747,520.33
Rent expenses pertain to the annual lease payment for the parcel of land utilized
by the Municipality for its Malatapay Livestock area. Donations represent the total
amount granted by the Municipality through the MSWD Office under the Aid in
Individuals in Crisis Situations (AICS) Program.
Other MOOE under the General Fund also include various expenditures, such as
the provision of honoraria amounting to ₱180,000.00 for personnel assigned to the
Municipality from NGAs (i.e. DILG, PNP and BFP), in accordance with Compensation
Policy Guidelines No. 98-1 dated March 23, 1988. It also includes support to PNP and
BFP programs, projects, and activities aimed at promoting peace and order, as well as
ensuring public safety in the locality. The account also covers health service initiatives,
gratuity pay for Job Order workers, and for programs related to coastal and natural
resource management, comprehensive land use plan, sports development, and various
social and cultural activities. Additionally, it includes funding support for various
agricultural, educational, health, and environmental related services, programs and
activities.
Note 20 – Financial Expenses
This account pertains to the Interest Expense incurred in CY 2024 and CY 2023
amounting to ₱2,463,003.61 and ₱1,259,673.80, respectively. These amounts represent
the interest on the Municipality’s loan liabilities with the Land bank of the Philippines
(LBP) and the Development Bank of the Philippines (DBP), which were availed to
finance various developmental projects of the Municipality.
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