Cebu City council approves P51-B budget for 2023

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Cebu City council approves P51-B budget for 2023
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This is Cebu City's biggest approved annual budget — five times the city’s P9-billion fund for 2022.

CEBU, Philippines – The Cebu City Council in a majority vote approved Mayor Mike Rama’s proposed budget of more than P51 billion for 2023 with some major amendments.

The total amount for the construction of MRBs is now at P26.3 billion from the proposed P24 billion. The council added P1.5 billion for the acquisition of lots for the MRBs. Opposition leaders Nestor Archival, Mary Ann De Los Santos, and Jose Abellanosa voted against it. Only Councilor Franklyn Ong abstained. Four councilors were absent.The city government is expected to raise P40.2 billion from its real property tax collections in 2023. staggered

Both Archival and De Los Santos expressed their displeasure over the “rushed approval” of the 2023 annual budget.

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