Resolution For Midyear Bonus

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Republic of the Philippines

Province of Iloilo
Municipality of Estancia
Barangay Lumbia

OFFICE OF THE SANGGUNIANG BARANGAY

EXCERPT FROM THE MINUTES OF THE 2 nd MONTHLY REGULAR SESSION OF THE


SANGGUNIANG BARANGAY OF BARANGAY LUMBIA, ESTANCIA, ILOILO HELD AT THE
BARANGAY HALL APRIL 10, 2022 AT 9:00 A.M…

PRESENT: Hon. FRANKIE P. LANAQUE PunongBarangay/Presiding officer


Hon. DANILO D. ANDREO Barangay Kagawad
Hon. RICHARD D. BILLONES -do-
Hon. RINA P. PADILLA -do-
Hon. MARILOU P. CASTILLO -do-
Hon. EGLENE A. CATALAN -do-
Hon. SAMUEL M. RUBRICO -do-
Hon. JERSON L. SOBREVEGA -do-
Hon. SOFIA FAITH A. ANDREO - SK Chairperson-

ABSENT: NONE

SB RESOLUTION NO. 2022-014

A RESOLUTION AUTHORIZING THE BARANGAY TREASURER TO RELEASE THE MID-


YEAR BONUS FOR CALENDAR YEAR 2022 AMOUNTING EIGHTY EIGHT THOUSAND
SIXTY TWO PESOS & 70/100 ONLY (PHP 88,062.70) OF BARANGAY OFFICIALS OF
BARANGAY LUMBIA, ESTANCIA, ILOILO.

WHEREAS, Pursuant to RA No. 114661, otherwise known as the "Salary Standardization Law
of 2019.' modifies the Salary Schedule for Civilian Personnel and authorizes the grant of
additional benefits;

WHEREAS, Local Budget Circular No. 121 Dated January 24, 2020, Implementation of the
First Tranche of the Modified Salary Schedule for Local Government Personnel Pursuant to
Republic Act (RA) No.11466;

WHEREAS, Pursuant to Section 10 of Department of Budget and Management Local Budget


Circular No. 121 Dated January 24, 2020, As part of the Incentives under the TCF, the Mid-
Year Bonus equivalent to one (1) month basic salary as of May 15 of a given year shall be
granted to those who have rendered at least four (4) months of satisfactory service and are still in
the service as of same date, to be given not earlier than May 15 of every year, subject to the rules
and regulations provided under BC No. 201728 dated May 8, 2017;

NOW, THEREFORE, on motion of Honorable Jerson L. Sobrevega duly seconded by


Honorable Marilou P. Castillo be it.

RESOLVED, AS IT IS HERBEY RESOLVED, authorizing the Barangay Treasurer to release the


Midyear Bonus for C.Y 2022, amounting Eighty eight thousand sixty two Pesos & 70/100 only
(Php88,062.70) of Barangay Officials, of Barangay Lumbia, Estancia, Iloilo.

RESOLVED FURTHER, to furnished copies of this resolution to the Barangay Treasurer and to all
agencies concerned for their information and appropriate action.

APPROVED this 10th day of April, 2022.

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SB Resolution No. 2022-014
I hereby certify to the correctness of the above-quoted resolution.

CERTIFIED BY; ATTESTED BY;

GLADY MAY B. MOSQUEDA FRANKIE P. LANAQUE


Barangay. Secretary Punong Barangay

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SB Resolution No. 2022-014

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