MO#2019-07 SUPPLEMENTAL BUDGET NO. 1 RETAINED EARNINGS (DADIZ, JR.)

AN ORDINANCE AUTHORIZING SUPPLEMENTAL BUDGET NO. 1 FOR FISCAL YEAR 2019 FROM THE SURPLUS (RETAINED EARNINGS) AMOUNTING TO TWENTY SEVEN MILLION SIXTY NINE THOUSAND THIRTY EIGHT PESOS AND EIGHTY SEVEN CENTAVOS (27,069,038.87) AND APPROPRIATING THE SAME FOR THE GRANT OF TERMINAL LEAVE BENEFITS AND MONETIZATION OF LEAVE CREDITS TO ALL QUALIFIED MUNICIPAL OFFICIALS AND EMPLOYEES AND TO DEFRAY EXPENSES IN THE IMPLEMENTATION OF VARIOUS PROGRAMS, PROJECTS, AND ACTIVITIES OF THE MUNICIPALITY OF SAN NICOLAS, ILOCOS NORTE.