The Sangguniang Panlalawigan, Province of Sorsogon approved the Annual Budget Appropriation for the Municipality of Bulan under Resolution no. 81-2022 last February 7,2022.
The Approved Annual Budget for 2022 amounting to Php 434.7 million to cover the various expenditures for operation of the said LGU. 86% of these comes from Internal Revenue Allotment and the remaining comes from Local Revenue.
The expenditure Program Distribution by sector will be 211 million for General Services, 80.3 million for social services, 40 million for economic services, 75 million for 20% development fund, 21.7 million for 5% LDRRMF, 5.5 million for payment of previous loans, 1 million for subsidy to KALAHI CIDDS and 63K for aid to Barangays. Many programs lined up this year for the betterment and development of Bulan.