LGSF Utilization Status
Another project funded by the Local Government Support Fund (LGSF) amounting to P600,000 was inspected by DILG Provincial Director Angelina S. Blanco together with the Provincial Focal Person LGOO VI Jose Algy Canlas. Said inspection was attended by the Hon. Mayor Jose Maria Hizon, MPDC Gloria Cruz and MLGOO Rosalinda Camaya. The project is located in front of Don Honorio Ventura Technological State University. It was started on March 2, 2012 and it is expected to be finished on April 20, 2012.
The Local Government Support Fund is a fund being released by the Department of the Interior and Local Government and the Department of Budget and Management to provinces, cities and municipalities which have passed the DILG’s Seal of Good Housekeeping. Said fund is intended to defray part of the decrease in the local government’s Internal Revenue Allotment for the year 2012.
The funds shall be utilized as capital expenditure and shall be used to augment the approved 2012 annual investment plan for implementation of any or combination of the following projects like rural electrification, local roads connection national roads, arterial farm-to-market roads and bridges, local economic enterprises, flood control and drainage and to support priority projects of the National Government such as Millennium Development Goals, Philippine Disaster Risk Reduction and Management Act of 2010 and Solid Waste Management Act of 2000.
