By Mary May A. Abellon
DIPOLOG CITY – Aside from the P3-million grant
from the Department of Interior and Local Government (DILG), the city
government here is slated to receive a monetary incentive from the Department
of Finance-Municipal Development Fund Office (DOF-MDFO) amounting to more than
P58 million.
As a capital grant, the
amount is totally free of any charges and will be used exclusively for projects
pursued by the local government unit (LGU) like infrastructures, social
services, water resources management, water supply and irrigation, solid waste
management, drainage canal and flood control, energy supply and
telecommunication.
No part of the amount
shall be used for tax payments, salaries, recurrent costs, micro-credits and
loans.
This monetary
incentive is given by the national government to LGUs that have shown
improvements on performance areas such as governance, planning, budgeting,
financial management, procurement, monitoring and evaluation.
There are two types of
monetary grant under the DOF-MDFO’s Performance-Based Grant System (PBGS),
namely: the Capital Grant (CG) which aims to provide for additional funds to
LGU’s capital investments that conform to the local needs and priorities, and
the Capacity Development Grant (CDG) which will support the attainment of LGU’s
specific capacity development needs.
A memorandum of agreement
will soon be signed between the city government represented by City Mayor
Evelyn T. Uy and Roberto B. Tan, chairperson of the Performance Based Grant
System (PBGS) Steering Committee-Policy Governing Board.
The lady mayor has been
grateful to receive another monetary incentive that will be used in the
implementation of development projects in the city. (PIA9)