Republic of the Philippines
Province of Ilocos Sur
MUNICIPALITY OF SAN ESTEBAN
OFFICE OF THE TREASURER
FINANCIAL STATEMENT
SAN ESTEBAN MUNICIPAL SCHOLARS
As of June 12, 2003
Click here for the Municipal Scholarship Program
Name of Project: San Esteban Scholarship Fund
Source of Fund
1. Donations from USA during the visit of
Mayor Armando V. Abad - - - - - - - - - - - - - - - - - - - - - P 51,700.00
=$500 from San Estebanians of Northern California
=$500 from San Estebanians of Hawaii
2. Donations from Abroad - - - - - - - - - - - - - - - - - - - - - - - - 12, 525.00
=$100 from San Esteban Schools Alumni Association
=$150.00 from San Estebians of Washington
3. SK Counterpart CY 2002 P5,000.00 per barangay - - - - - - - - - - 50,000.00
4. Interest earned on Savings Deposit CY - 2002 - - - - - - - - - - - - 1,156.42
5. Donation from Mr. & Mrs. Freddie Esperanza - - - - - - - - - - - - - 2,124.00
6. Donation from Anacleto Manzano - - - - - - - - - - - - - - - - - - - 2,000.00
7. SK Counterpart CY 2003 - - - - - - - - - - - - - - - - - - - - - - - -50,000.00
8. Mr. and Mrs. Ramon and Violy Lores - - - - - - - - - - - - - - - - - 25,000.00
9. Donations from Sons and Daughters of
San Estebanians of Hawaii - $150.00 - - - - - - - - - - - - - - - 7,987.50
10. interest earned on Savings Deposit (1st Quarter 2003) - - - - - - - 131.04
TOTAL: - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - P 202,623.96
Expences:
1. Withholding Tax (Int. 2002) - - - - - - - - - - - - - - - - - - - - - - P 231.27
2. Withholding Tax (Int. 1st quarter 2003) - - - - - - - - - - - -- - - - 26.50
3. Withdrawal of monthly stipend for 3 scholars at P 7,500.00/month
(June 2002 to March 2003) - - - - - - - - - - - 75,000.00
TOTAL EXPENCES - - - - - - - - - - - - - - - - - - - - - -
P 75,257.47
CASH BALANCE - - - - - - - - - - - - - - - - - - - - - - -
P 127,366.49
BREAKDOWN:
Cash on Hand - - - - - - - - - - - - - - - - - - - - - - - P 32,987.50
Cash in Bank - - - - - - - - - - - - - - - - - - -- - - - - P 94,378.99
GRAND TOTAL - - - - - - - - - - - - - - - - - - - - - - - - P 127,366.49
CERTIFIED CORRECT:
Angelita H. Arce
Municipal Treasurer
