
The Sangguniang Panlalawigan unanimously approved the P5,434,644,700 Negros Occidental provincial government budget for 2024 on Tuesday, Dec. 5.
Board Member Rommel Debulgado, SP Finance Committee chair, said the 2024 budget is 5.66 percent or P246 million higher than the 2023 budget.
He said P5,244,603,544 of the budget was allocated for the general fund proper and P190,041,156 for the Economic Enterprise Development Department, a special account under the General Fund.
The increase was made possible with the hike in the provincial government’s National Tax Allotment share for 2024, he said.
He said 6.48 percent of the budget comes from local sources and 93.52 percent from the NTA.*