LGUs to get P200K each for Panaad fest
A P200,000 subsidy from the provincial government awaits local government units of the 31 cities and towns of Negros Occidental that will take part in the Panaad Festival this April 20 to 26.
The provincial council approved last Tuesday a P6.2-million financial assistance to the 31 LGUs, Vice Governor Jeffrey Ferrer said.
Ferrer said the provincial board also approved the proposed P181.235-million general fund supplemental budget which was endorsed by Gov. Eugenio Jose Lacson (https://dailyguardian.com.ph/lgus-to-get-p200k-each-for-panaad-fest/).
He said the supplemental budget includes P150 million for the repair and renovation of the Panaad Park and Stadium at Brgy. Mansilingan, Bacolod City.
The repair and renovation is in preparation for the hosting of regional sports events in February 2021, as well as the Palarong Pambansa in May 2021.
But Ferrer said the budget is not enough for the Paglaum upgrades. “We will need P250 million more,” he said.
Other appropriations in the supplemental budget are P8 million as logistical support to the Provincial Investment and Promotion Office, P2 million for the renovation of the Provincial Economic Development and Investment Center, and P13 million for the 2020 Panaad Festival.