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THE NAGA CITY COUNCIL

Sangguniang Panlungsod Ng Naga

4th Sangguniang Panlungsod (30 June 1992 – 30 June 1995)

ORDINANCE NO. 1992-033

AN ORDINANCE CREATING A TRUST FUND ACCOUNT TO COVER ALL LIVELIHOOD REPAYMENTS TO BE MADE AVAILABLE TO VARIOUS LIVELIHOOD ASSISTANCE PROGRAMS OF THE CITY GOVERNMENT OF NAGA UNDER A “ROLE-OVER SCHEME”

Category: Labor; Livelihood and Employment and Government; New Politics and People Empowerment
Principal Authors/Sponsors: Hon. Agapito Tria
Enacted: September 2, 1992

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Summary/Additional Info:
Summary: This ordinance establishes a Trust Fund Account in Naga City specifically for managing livelihood repayments. This fund operates independently from the General Fund and ensures that accumulated repayments are continuously available for various livelihood assistance programs of the City Government, regardless of the year the repayments were made. This account supplements the usual annual budgetary allocation under P.D. 144. The ordinance took effect upon its approval.

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