Kalibo, Aklan- The provincial government of Aklan under the administration of Governor Carlito S. Marquez has posted a net income of P93, 074,874 last year out of a total gross income of P829, 050,689.
These figures were contained in a 37-page State of the Province Address of the provincial chief executive delivered during the 3rd Regular Session of the Aklan Sangguniang Panlalawigan on February 2, 2011.
The 2010 provincial government’s net income from operations increased by 27% over that of 2009’s net income of P73, 369, 681, Marquez said.
The 2010 gross income of the province has increased by 14% to P103, 080,510 from the 2009 level of P725, 970,178, the governor further elaborated in his SOPA.
The rosy 2010 financial figures from the operations of the provincial government of Aklan, Marquez added, were attained despite of the economic crunch pervading worldwide where the Philippines is not spared.
Marquez, likewise, has noted that as of 2010, the provincial government is only 62% dependent on its share from internal revenue allotment from the national government, a drastic reduction from the province’s 78% dependency in 2006.
It has to be noted that out of the P829, 050,689 in 2010, the LGU Aklan received a total of P516, 999,816 as it share from the internal revenue taxes.
Supposedly, the provincial government of Aklan would have currently qualified as a first class province, however, the next income classification for local government units has yet to take place in year 2012.
No comments:
Post a Comment