{"id":32409,"date":"2013-08-27T03:53:22","date_gmt":"2013-08-27T03:53:22","guid":{"rendered":"http:\/\/www.clearwaterphilippines.com\/wordpress\/?p=32409"},"modified":"2025-11-19T01:58:08","modified_gmt":"2025-11-19T01:58:08","slug":"nobody-said-city-bankrupt-edsa","status":"publish","type":"post","link":"http:\/\/www.clearwaterphilippines.com\/resort\/2013\/08\/nobody-said-city-bankrupt-edsa\/","title":{"rendered":"Nobody said city bankrupt \u2013EdSa"},"content":{"rendered":"
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POSTED ON AUGUST 27, 2013 AT 12:02 AM<\/div>\n
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CITY OF SAN FERNANDO\u2013Mayor Edwin Santiago said yesterday that no city government official or employee said that the city is bankrupt.
\nThis, after rumors spread that the previous city administration has left the city\u2019s coffers empty.<\/p>\n

In a press conference, Santiago said that the P447 million that Pampanga Third District Rep. Oscar Rodriguez claimed he left in the coffers are safe-kept as trust fund, intended for various programs of the city government.<\/p>\n

Santiago explained that there is a projected P1.2-billion budget for the general fund, and that upon assuming his post last June 30, the city treasurer assured him of collecting some P980 million, including from the city\u2019s internal revenue allotment (IRA).<\/p>\n

He said of the P980 million, P660 million\u2013or two-thirds\u2013of the general fund have already been obligated by the previous administration for various programs such as infrastructure and social services, among others.<\/p>\n

The remaining P320 million are yet to be collected until December.
\n\u201cNo one from the city government, even from the employees, said that the city is bankrupt because this will project on my administration. But, as of June, some P660 million has already been obligated, meaning nagastos na,\u201d the mayor said.<\/p>\n

Santiago added bankruptcy could only be determined by the end of the year and it is too early to tell such an observation that could affect each Fernandino.<\/p>\n

\u201cWhat I assumed is my responsibility to govern the city and promote the welfare of Fernandinos and that other observations were given by the other agencies and not by the city government,\u201d he explained.<\/p>\n

The mayor added that in order to run the affairs of the city government according to lawful budget, he implemented austerity measures by halting unnecessary programs and giving priority to public safety, benefits of the employees and Sagip Ilog project, among others.<\/p>\n

Rodriguez, for his part, pledged P3 million assistance for the city government.<\/p>\n

Earlier, Rodriguez told mediamen he did not leave a bankrupt local government unit, explaining that, as of June 30, the city had P447 million in the bank.<\/p>\n

Councilor Lito Ocampo, chairman of the City Council Committee on Good Government, Ethics and Public Accountability, is now leading an \u201cinquiry in aid of legislation\u201d on the city\u2019s financial status.<\/p>\n

Rodriguez also disclosed earlier that the city could not have been bankrupt, considering the amount of income realized, income yet to be realized, plus IRA which total to at least P1 billion. \u25cfMarna Dagumboy-del Rosario.<\/p>\n

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http:\/\/www.headlinegl.com\/nobody-said-city-bankrupt-edsa\/<\/a><\/p>\n

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Small and medium businesses in Clark Philippines have a lot of interesting and unique products and services to offer but very few outside of Clark Freeport including potential customers in nearby Pampanga Angeles City, Subic, San Fernando and Manila ever hear about them.  Market obscurity has led to slow growth in businesses inside Clark Freeport Zone and this is not being rectified as a new public service web site has been created to allow Clark locators to promote their services and products without any charge.  Clark Pampanga is a fast growing city and businesses in Manila are making their move to either expand into or relocate to Clark Philippines.<\/p>\n

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The ClarkPhilippines.com web site is a community service web site dedicated to helping small businesses operating in Clark Freeport, Angeles City and vicinities like Subic and other cities in Pampanga or Tarlac even, to promote their products and services through internet visibility.  There is no charge to these services.<\/p>\n

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Aside from products and services, news releases and product announcements can also be posted free of charge on ClarkPhilippines.com web site.<\/p>\n

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Where to go in Clark? Hotel Clark Philippines is a De Luxe Hotel in Clark and Subic, a risk free place to stay, cozy and nice ambience, a nice function place for special occasion<\/p>\n

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You might want to check also the Yats Restaurant is the best restaurant for special dinner, best restaurant for dinner with friends near Manila, also the best place to celebrate special events.<\/p>\n

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Famous Restaurant in Pampanga, a place to dine with friends in Clark, cozy restaurant with a nice ambience, a nice function place for special occasions. Looking for a restaurant in Clark for a Business meeting? Or a place to eat with friends? Yats Restaurant offers exclusive dinner venue for groups, a good place to celebrate special occasions, it can be a party venue in town. Yats Restaurant is a recommended restaurant for private dinner in Philippines, a well-recognized restaurant that serves good food and good wines for dinner.<\/p>\n

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Are you looking for an attractive restaurant or a nice place to eat with friends in Clark, Angeles City Pampanga? Yats Restaurant and Wine Bar is a restaurant with good food and good wines  for dinner located at Clark Angeles City Pampanga. Perfect for exclusive dinner venues for groups, recommended for private dinner in Philippines. A Restaurant in Clark for business dinner meeting. Private dinner place or dinner restaurant in Clark Subic Near Manila Angeles City Pampanga. Yats Restaurant is one of the Good Restaurant in Pampanga Angeles City Clark near Manila.<\/p>\n<\/div>\n

Pampanga\u2019s crown jewel, Clark Freeport is a hub away from Manila for business and pleasure.   Pampanga is a vibrant destination for both locals and tourists who are interested in food and wine.  The question in many visitors\u2019 minds is what is the best restaurant in Pampanga<\/u><\/strong><\/a>?<\/span><\/p>\n

Frequent visitor have discovered one fine-dining restaurant in Clark Philippines<\/u><\/strong><\/a>  that offers the luxury of fine dining food and service but without the stiff ambiance of a fine dining restaurant.  Generally lauded the Greenhouse Caf\u00e9 (GHC) Restaurant and Gardens as the best restaurant in Clark Pampanga<\/u><\/strong><\/a>, visitors characterize this restaurant in Clark Philippines as a modern fine dining restaurant.   You can get more information by logging on the web site of Greenhouse Caf\u00e9 Restaurant and Gardens<\/u><\/strong><\/a>.<\/span><\/p>\n

GHC is also known among wine lovers to be a good place to drink wine in Pampanga<\/u><\/a><\/strong>.  With over a thousand wines on the list and all of the wines are priced fairly with very low mark-up, GHC offers the best wine list among all restaurants in Pampanga.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

POSTED ON AUGUST 27, 2013 AT 12:02 AM CITY OF SAN FERNANDO\u2013Mayor Edwin Santiago said yesterday that no city government official or employee said that the city is bankrupt. This, after rumors spread that the previous city administration has left the city\u2019s coffers empty. In a press conference, Santiago said that the P447 million that […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"class_list":["post-32409","post","type-post","status-publish","format-standard","hentry","category-about-the-philippines-pampanga-clark-and-angeles-city"],"_links":{"self":[{"href":"http:\/\/www.clearwaterphilippines.com\/resort\/wp-json\/wp\/v2\/posts\/32409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.clearwaterphilippines.com\/resort\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.clearwaterphilippines.com\/resort\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.clearwaterphilippines.com\/resort\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/www.clearwaterphilippines.com\/resort\/wp-json\/wp\/v2\/comments?post=32409"}],"version-history":[{"count":1,"href":"http:\/\/www.clearwaterphilippines.com\/resort\/wp-json\/wp\/v2\/posts\/32409\/revisions"}],"predecessor-version":[{"id":36784,"href":"http:\/\/www.clearwaterphilippines.com\/resort\/wp-json\/wp\/v2\/posts\/32409\/revisions\/36784"}],"wp:attachment":[{"href":"http:\/\/www.clearwaterphilippines.com\/resort\/wp-json\/wp\/v2\/media?parent=32409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.clearwaterphilippines.com\/resort\/wp-json\/wp\/v2\/categories?post=32409"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.clearwaterphilippines.com\/resort\/wp-json\/wp\/v2\/tags?post=32409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}