Cabuyao Water District s rey. Pulo, Cabuyao City, Laguna EXCERPTS FROM THE MINUTES OF THE REGULAR MEETING OF THE BOARD OF DIRECTORS HELD AT KATAPATAN OFFICE ON DECEMBER 18, 2018, PRESENT: Ms, Carmelita B. Hain - Chairperson Luis V. Bermudez, CPA - Secretary Engr. Villamor 0. Tumbaga - Member Engr. Felimon Antiporta - Member IN ATTENDANCE: Mr. Arnold G. Valencia - General Manager Ms. Dorothy Quillo - Recording Secretary Mr. Paul Albert Q. Meer ~ Senior Corporate Accountant Ms. Daisy Mae A. Ching ~ Budget Officer Board Resolution No. 27 Series of 2018 A RESOLUTION APPROVING THE ANNUAL BUDGET OF CABUYAO WATER DISTRICT FOR THE CALENDAR YEAR 2019 WHEREAS, the Management has recommended to the Board the amount of P129,421,587.93 as annual budget for the calendar year 2019; WHEREAS, the budget will cover the District's projected disbursements broken down as follows: Personnel Services 36,127,182.39 Operating Expenses 38,381,959.61 Maintenance Expenses 6,488,350.00 Debt Services 23,807,708.00 Capital Expenditures 18,502,665.S0 Taxes, Licenses & Duties 2,445,488.97 Reserves 3,668,233.46 Total 429,421,587,93 WHEREAS, the above budget is attainable based on the cash receipts projections for the year 2019 plus the available and unappropriated cash of the District; NOW THEREFORE, in consideration of the foregoing premises on motion duly seconded; RESOLVED, AS IT IS HEREBY RESOLVED, to approve the annual budget of Cabuyao Water District for CY 2018 in the amount of P129,421,587.93. APPROVED this 18% day of December 2018. as ENGR. FELIMON ANTIPORTA. a a MR. LUIS V. BERMUDE! ENGR. VIILAMOR 0. TUMBAGA Member ember for future generations, & 39, PD 198}‘CABUYAO WATER DISTRICT Annual Budget For Year 2019 GENERAL DATA: [CASH RECEIPTS: (Current Water Sales I of A/R Customers JGroundwater Production Assessment lother Receipts Refund of Employer Share - Provident Fund Refund of deoosit from Meralco TOTAL RECEIPTS [CASH DISSURSEMENTS Personnel services Salaries (Permanent & Casual) Salaries (Job Order/Emergency) Bonuses and Allowances overtime ust [Govt Mandated Contributions Total Personnel Services [Maintenance and Other Operating Exp [Other Operating Exp: lftice Supplies Materials inventory IMedicine/ Medical and Laboratory Expenses ining and Scholarship Exp Utilities ng Insurance Representation Exp Jawards and Rewards survey Exp. Electricity/Power for Pumping ical Exp Membership & Organizational Exp [Cultural and Athletie Exp Food exe Security Services JOther Professional Services, Property Taxes inte: Expense corporate Events JOther Maintenance and Operating Exp perating Exp BUDGET, 2033) 104,871,919.62 5,641,285.41 4,082,000.00 11,761,243.51 200,000.00 300,000.00, 126 856,448.54 18/843,036.00 41,912,560.40 10,335,126.50 932,721.39) 1,364,190.25 2,738,557.86 1,190,897.20 10,670,369.23 100,000.00 250,000.00 4,000,000.00 1,000,000.00 40,000.00, 300,000.00 451,600.09 200,000.00 200,000.00 174,000.09 530,000.00 0,000.00 15,051,693.18 2,800,000.00 98,400.00, 50,000.00, 300,000.00 200,000.00 1,350,000.00 800,000.00 150,000.00 100,000.00 325,000.00 300,000.00 550,000.00 50,000.00 35,381,959.61CABUYAO WATER DISTRICT Annual Budget For Year 2019 GENERAL DATA: 2019 fitainvanance Expr Repairs and Maintenance-infrastcuctures Repairs and Maintenance-Bldgs. & ther Repairs and Maintenance-Land Transport Equip Repairs end Maintenance-Machinery and Equip 41,134,000.00 Repairs and Maintenance-Furniture and Fixtures 50,000.00 Debt Service aaa 7,107,708.00 9,000,000.00 412,700,000.60 31,000,000.00 23,807,708.00 3,450,000.00 2,854, 350,00 1,000,000.00 euctures UA current UA old loan Long-Term Liabilities JOther Accounts Payable [Total Debt Services pansion Projects, NRW, Others Additional Pumping Station tion Equipment office Equipment 7,079,718 50 3,500,000.00 3,770,000.00 329,000.00 Land Transp FT Equipment 480,000.00 Furnitures and Fixtures 196,400.00 TT Software 500,000.00 Jother Mi hineries 2,647,547.00 78, 502,665.50, FTaxes, Licenses and Duties 2,445 ,485.97 [CASH INFLOW (DEFICIT) (2,565,139.38 Frotal capex Prepared by Not by: v Arid}d G. Valencia Corporate Accountant Gehgral Manager