City approves P81-M SB2

The Cebu City Government has approved Supplemental Budget (SB) 2 amounting to P81 million, which will be allocated for the livelihood program, the increasing number of beneficiaries of senior citizen financial aid, and the asphalting of various city streets.

- Iris Hazel Mascardo and Caecent No-ot Magsumbol/BRP

The Committee on Budget and Finance stated that this will be charged against the savings of the city government which is about P489 million in the third quarter after cutting expenses on "unnecessary" spending such as foreign travels by employees and government officials.

In an interview yesterday, Committee on Budget and Finance Chairman Councilor Dave Tumulak enumerated the breakdown of the recently-approved SB2, which totals around P81,395.000.

At least P550,000 of this amount is for the livelihood program to be introduced by the Office of the Mayor in the last quarter of the year. However, Tumulak said they do not yet know what kind of livelihood program will be launched.