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BUDGET OF EXPENDITURES AND SOURCES OF FINANCING
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 LGU: Sta. Magdalena Sorsogon
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GENERAL FUND
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 ParticularsAccount
Income
 Past Year
Current Year 2021
Budget Year
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codeCode 2020 Actual
Actual (1st Sem)
Estimate Total 2022 Estimated
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1.0 BEGINNING BALANCE: Retained Earnings
 - -
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Savings
 - -
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Savings from Continuing Appropriation
 - -
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2.0 INCOME
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2.1
LOCAL SOURCES
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2.1.1 Tax Revenue
 1,256,420.61 582,711.96 772,288.04 1,355,000.00 1,220,000.00
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Real Property Tax
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Special Assessment Tax
 3,000.00 3,000.00 3,000.00
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Real Property Tax - Current Year
4-01-02-040R 836,332.64 199,013.82 52,986.18 252,000.00 250,000.00
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Real Property Tax - Previous Year
4-01-02-040R 325,000.00 325,000.00 300,000.00
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Real Property Tax - Penalties (Current)
4-01-05-020
R 57,000.00 57,000.00 50,000.00
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Real Property Tax - Penalties (Previous)
4-01-05-020
150,000.00 150,000.00 100,000.00
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Real Property Tax on Idle Lands
 3,000.00 3,000.00 3,000.00
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Interest Income - Bank Deposit
4-02-02-220
 17,644.94 1,750.00 13,250.00 15,000.00
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Tax on Business
 -
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Amusement Tax on Admission
4-01-03-060R 490.00 15,195.00 4,805.00 20,000.00 24,000.00
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Business Tax
4-01-03-030R -
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Retailers
 296,480.17 247,307.42 52,692.58 300,000.00 300,000.00
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Banks & Other Financial Institutions
R 75,000.00 75,000.00 40,000.00
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Peddlers
 1,830.00 655.00 9,345.00 10,000.00 10,000.00
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Fines and Penalties-Business Taxes
4-02-02-980
R 5,000.00 5,000.00 5,000.00
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Other Taxes
 -
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Community Tax-Corporation
4-01-01-050 -
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Community Tax-Individual
4-01-01-050R 103,642.86 117,614.68 12,385.32 130,000.00 130,000.00
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Penalties on Community Tax Certificate
4-01-05-010R 1,176.04 3,823.96 5,000.00 5,000.00
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Professional Tax
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Fines and Penalties-Other Taxes
4-01-05-040R 5,000.00 5,000.00
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2.1.2 NON-TAX REVENUES
 2,512,880.20 1,723,552.75 1,198,466.25 2,922,019.00 2,780,000.00
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Regulatory Fees (Permits & Licenses)
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Permits and Licenses
4-02-01-010 -
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Fees on Weights and Measure
4-02-01-160R 9,030.00 6,900.00 23,100.00 30,000.00 25,000.00
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Building Permit Fees
R 40,103.79 23,595.12 11,404.88 35,000.00 40,000.00
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Zonal/LocationPermit Fees
R 27,549.71 25,866.86 (866.86) 25,000.00 50,000.00
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Tricycle Operators Permit Fees
R 84,306.25 54,218.75 75,781.25 130,000.00 130,000.00
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Other Permits and Licenses
 85,022.30 74,670.70 115,329.30 190,000.00 150,000.00
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Registration Fees
4-02-01-020
 -
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Cattle/Animal Registration Fees
 3,000.00 2,000.00 5,000.00 10,000.00
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Civil Registration Fees
 123,885.00 64,715.00 85,285.00 150,000.00 130,000.00
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Inspection Fees
4-02-01-100R 20,000.00 20,000.00 10,000.00 30,000.00 30,000.00
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Penalties on Local Taxes
 1,638.75 -
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Service/User Charges (service Income)
 -
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Clearance and Certification Fees
4-02-01-040 108,972.11 90,725.00 29,275.00 120,000.00 120,000.00
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Police Clearance
R 39,740.00 25,575.00 39,425.00 65,000.00 65,000.00
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Other Clearance and Certification
 -
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Other Fees
 -
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Garbage Fees
4-02-02-190
 11,660.00 6,500.00 13,500.00 20,000.00 20,000.00
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Reconnection Fee(water)
 50,000.00 50,000.00
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Other Service Income (Water System)
 -
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Parking and Terminal Fees
4-02-02-120
R 61,830.00 10,000.00 110,000.00 120,000.00 50,000.00
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Slaughter Fees
4-02-02-150
R 20,000.00 20,000.00 30,000.00 50,000.00 50,000.00
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Fines & Penalties-Service Income
 -
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Receipts from Economic Enterprises (Business
 -
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Income) -
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Receipts from Economic Enterprises (Business Income)
-
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Cemetery Operations
4-02-02-160
 29,650.00 18,500.00 31,500.00 50,000.00 50,000.00
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Market Operations
 31,620.40 7,077.30 42,922.70 50,000.00 50,000.00
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Waterworks System Operations
4-02-02-090
 1,806,171.89 1,262,209.02 437,790.98 1,700,000.00 1,750,000.00
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Lease/Rental of Facilities
4-02-02-050
 1,700.00 75,000.00 75,000.00 20,000.00
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Other Economic Enterprise (Ante Mortem)
 10,000.00 10,000.00 (10,000.00)
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Fire Fund Fee
 5,000.00 5,000.00
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Other Income/Receipts (Other General Income)
 -
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Interest Income
 - 15,000.00
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Other General Income(Miscellaneous)
 -
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Miscellaneous - Others
 22,019.00 22,019.00 25,000.00
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TOTAL INCOME-LOCAL SOURCES
 3,769,300.81 2,306,264.71 1,970,754.29 4,277,019.00 4,000,000.00
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2.2 EXTERNAL SOURCES
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Share From National Tax Collection
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National Tax Allocation
 109,906,048.00
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Internal Revenue Allotment
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Current Year
 76,136,192.04 40,800,150.48 40,800,150.52 81,600,301.00
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Prior Year
 -
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Other Shares From National Tax Collections
 -
86
Share fom EVAT
 -
87
Share from National Wealth
 -
88
Forestry Charges
 -
89
Share from PAGCOR/PCSO/Lotto
 27,063.64 4,737.40 (4,737.40)
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Extraordinary Receipts/Grants/Donations/Aids
 -
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Inter-Local Transfers
 -
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Capital/Investment Receipts
 -
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Receipts from Loans and Borrowings (Payable)
 -
96
Other Non-Income Receipts
 -
102
TOTAL INCOME/RECEIPTS FROM EXTERNAL
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SOURCES
 76,163,255.68 40,804,887.88 40,795,413.12 81,600,301.00 109,906,048.00
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 TOTAL INCOME 79,932,556.49 43,111,152.59 42,766,167.41 85,877,320.00 113,906,048.00
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 TOTAL AVAILABLE RESOURCES: 79,932,556.49 43,111,152.59 42,766,167.41 85,877,320.00 113,906,048.00
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