Statement of Income and Expenses

Municipality of Cuyapo
Province of Nueva Ecija


CONSOLIDATED INCOME AND EXPENSES
For the Year Ended March 31, 2011


       
TAX REVENUE    
  Local Taxes    
    Business Taxes and Licenses           1,984,479.86
    Community Tax              188,243.23
    Occupation Tax                67,390.00
    Real Property Tax               832,260.76
    Special Education Tax           1,030,664.24
    Other Local Taxes              521,785.70
    Fines and Penalties                26,015.58
   Total Local Taxes         4,650,839.37
GENERAL INCOME ACCOUNT    
    Internal Revenue Allotment          20,673,231.00
     Permit and Licenses    
    Fees on Weights and Measures                  4,175.00
    Permit Fees              718,815.17
    Registration Fees              105,945.00
    Registration of Large Cattle                  1,087.00
  Total Permit and Licenses            830,022.17
  SERVICE INCOME    
    Clearance & Certification Fee              244,811.56
    Inspection Fees              100,650.00
    Medical, Dental and Laboratory Fees                63,025.00
  Total Service Income            408,486.56
  BUSINESS INCOME    
    Income from Cemetery Operations                 7,200.00
    Income from Market              654,127.75
    Income from Slaughterhouse                64,044.25
    Landing and Parking Fees               108,602.50
    Rent Income                20,471.50
  Total Business Income            854,446.00
  OTHER INCOME    
    Interest Income    
    Professional Tax                  3,860.00
    Subsidy from other funds    
  Total other income                  3,860.00
  TOTAL OPERATING INCOME        27,420,885.10
Less:  Expenses    
  Personal Services    
    Salaries  & Wages - Regular Pay           7,314,482.34
    Salaries & Wages - Contractual/Casuals           2,827,200.00
    PERA    
    Additional Compensation (AO53)              820,500.00
    Representation Allowance              376,710.00
    Transportation Allowance              376,710.00
    Clothing Allowance    
    SubsistenceLaundry & Quarters' Allow.               76,500.00
    Honoraria              115,400.00
    Hazard Pay              301,221.10
    Longevity Pay                11,550.00
    Cash Gift    
    Year End Bonus    
    Life & Retirement Insurance Contributions              872,924.64
    Pag-ibig Contributions                55,200.00
    PHILHEALTH Contributions                86,387.50
    ECC Contributions                49,979.08
    Terminal Leave Benefits    
    Total Personal Services        13,284,764.66
       

 

MAINTENANCE & Other Operating Expenses    
  Traveling Expenses-Local             281,390.00
  Training Expenses               28,460.00
  Seminar Expenses    
  Scholarship Expenses             192,617.85
  Office Supplies Expenses             602,829.29
  Accountable Forms Expenses               54,526.25
  Drugs and Medicines Expenses             119,685.60
  Medical, Dental & Lab. Supplies Exp.    
  Gasoline, Oil and Lubricants Expenses             854,737.98
  Veterinary Supplies Expenses               49,797.00
  Electricity Expenses               38,173.84
  Postage and Deliveries                 3,000.00
  Telephone Expenses-Landline                 8,252.21
  Awards and Indemnities               25,000.00
  Representation Expenses               73,103.00
  Transportation and Delivery Expense               55,050.00
  Auditing Services               27,280.00
  Repairs and Maintenance-Office Buildings               45,716.00
  Repairs and Maintenance-Market & S/House             428,106.00
  Repairs and Maintenance-Other Structure             451,401.38
  Repairs and Maintenance -Office Equip.               51,980.00
  Repairs and Maintenance-Machinery               99,844.00
  Rep. & Maint. - Motor Vehicles              424,734.20
  Rep. & Maint. - Parks, Plazas, and Monu.                3,000.00
  Donations             406,410.00
  Confidential Expenses             223,406.00
  Extraordinary Expenses             142,574.00
  Miscellaneous Expenses           1,472,724.12
  Building Insurance Premiums             158,304.00
Total Maintenance and other operating expenses         6,322,102.72
Financial Expense    
  Bank Charges    
  Interest Expenses             263,304.48
  Total Financial Expense           263,304.48
Total Operating Expenses       19,870,171.86
NET INCOME         7,550,713.24
       
    Certified Correct:
   
   
 
(sgd))
 GEORGE D. YSMAEL
  Mun. Accountant- OIC