LBP Form no. 7
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Transcript of LBP Form no. 7
Sheet1LBP Form No. 7
STATEMENT OF STATUTORY/CONTRACTUAL OBLIGATIONSAND BUDGETARY REQUIREMENTSBudget Year 2015Municipality of LantawanProvince of Basilan
1. Statutory and Contractual ObligationsA m o u n t
1.1 Life and Retirement Insurance Contributions2,692,431.001.2 Pag - Ibig Insurance Contributions448,743.001.3 Philhealth Insurance Contributions272,400.001.4 ECC contributions131,368.001.5 Other Personal Benefits150,871.001.6 Terminal Leave Benefits707,519.00SUB-TOTAL4,403,332.002. Budgetary Requirements
2.1 20% of IRA for Developemnt Fund16,300,448.00
2.2 5% Calamity Fund4,075,112.00
2.3 Financial Assitance to barangays25,000.00
SUB-TOTAL20,400,560.00
GRAND TOTAL24,803,892.00
Certified Correct:
Local Finance Committee:
Approved:
(SGD)Hja. NENA L. NAMLAMunicipal Budget Officer(SGD)Hja.AIDA U AJIJONMunicipal Treasurer(SGD)ROBEN J. MUSTAPAMun. Planning & Dev't. Coord(SGD)RUSTAM M. ISMAELMunicipal Mayor
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