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PRESIDENTIAL DECREE NO. 559
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PRESIDENTIAL DECREE NO. 559 -
AMENDING SectionS TWO, THREE AND FIVE OF PRESIDENTIAL DECREE NUMBERED
ONE HUNDRED AND FORTY-FOUR
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WHEREAS,
the barangays have time and again served as dependable government units
at the grassroots level thru which the people express their collective
decision on issues affecting the community;chanroblesvirtualawlibrary
WHEREAS, the barangays in concerted action have ably demonstrated their
capacity to act as effective agents of reforms and vital forces in the
political, economic, social and cultural development of the nation;chanroblesvirtualawlibrary
WHEREAS, to strengthen the barangays and accelerate the transformation
of local governments into self-reliant and progressive communities, it
is necessary to provide them with added financial resources;chanroblesvirtualawlibrary
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers vested in me by the Constitution, do hereby
decree and order the following: chanroblesvirtualawlibrary
Section 1. Section 2 of Presidential Decree No. 144
issued on March 3, 1973 is hereby amended to read as follows:cralaw:red
"2. This allotment shall be distributed as follows:cralaw:red
Thirty per centum (30%) to provinces
Forty-five per centum (45%) to municipalities
Twenty-five per centum (25%) to cities And, sixty-five
million pesos (P65 M) to the barangays
"Starting the Fiscal Year 1976-77, however, the following allocations
shall be followed:cralaw:red
Twenty-five per centum (25%) to provinces
Forty per centum (40%) to municipalities
Twenty-five per centum (25%) to cities
Ten per centum (10%) to barangays" chanroblesvirtualawlibrary
Section 2. Section 3 of Presidential Decree No. 144
is hereby amended to read as follows:cralaw:red
"3. The share of each province, city, and
municipality shall be determined on the basis of the following formula:cralaw:red
Seventy per centum (70%) — Population
Twenty per centum (20%) — Land Area
Ten per centum (10%) — Equal Sharing
Section 3. Section 5 of Presidential Decree No. 144
is hereby amended to read as follows:cralaw:red
"5. There is hereby created a Barangay Development
Fund to be constituted of the annual contributions of not exceeding
P500 per barangay from each province, city and municipality, which fund
shall be spent solely for community development projects which meet the
requirements set forth by the Secretary of Local Government and
Community Development.
"The Provincial Treasurer shall be the custodian of this fund and he
shall maintain in his books a special account therefor. Releases of
this fund shall be made through the Municipal Treasurer concerned who
shall be responsible for the proper disbursement and accounting of the
same."
Section 4. There is hereby inserted after Section 5
of Presidential Decree No. 144, a new Section to be designated as
Section 5-A which shall read as follows:cralaw:red
"Sec. 5-A. The amount set aside for the Barangays
under this Decree shall be allotted and distributed annually by the
President among the Barangays in accordance with the development plan
of the province, city, municipality and barangay as approved by him to
be spent exclusively for self-help projects and/or other development
projects funded partially from the Barangay Development Fund
established in Section 5 hereof. chanroblesvirtualawlibrary
"Under the general supervision of the Municipal Treasurer of the
municipality where the barangay is located, the barangay treasurer
shall be responsible for the proper disbursement and accounting of the
annual allotments of the barangay and, for this purpose, he shall take
up said annual allotments in a special account in the barangay general
fund."
Section 5. As provided for in Section 9 of
Presidential Decree No. 144, the Secretary of Finance shall issue the
necessary rules and regulations for the prompt and effective
implementation of this Decree.
Section 6. All acts, laws, decrees, orders, or part
or parts thereof contrary to or inconsistent herewith are hereby
revoked or modified accordingly.
Section 7. This Decree shall take effect upon
approval.
Done in the City of Manila,
this 21st day of September, in the year of Our Lord, nineteen hundred
and seventy-four.
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