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Bacolod City, Philippines Monday, April 16, 2018
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P3B city investment plan okd
BY CHYRSEE G. SAMILLANO

 

The Bacolod City Development Council approved the city’s Annual Investment Plan for 2019 amounting to more than P3 billion, during its meeting at the Bacolod City Government Center Friday.

Mary Jean Ramos, CDC Secretariat and City Planning and Development Office head, said they approved about P3 billion worth of annual investment programs, projects and activities.

They also approved the AIP that can be chargeable to the city’s 20 percent development fund which they have estimated to reach more than P229 million.

This covers the economic sector which include the roads; the social sector – social welfare, health, education, protective services; and the environment sector – solid waste management program; urban greening and projects from non-government organizations, she said.

Ramos said they also have mandatory allocations for the barangay development projects. The various barangays are the ones identifying their proposed projects/programs and the city mayor also identifies barangay development projects.

They also have the Bacolod City College Development Project and support for the cooperative and livelihood development, she said.

Ramos said the funding for the projects will come from different sources like the 20 percent development fund,the general fund, while some will be endorsed to various national government agencies for possible funding. There are also some that might come from the municipal development fund of the Department of Finance.

These proposals were presented to the CDC and approved by its members. This will then be endorsed to the Bacolod Sangguniang Panlungsod through Councilor Caesar Distrito as the committee chair of Urban Planning and Development, she said.*CGS

 

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