San Esteban, Ilocos Sur -- Municipal Scholars

Republic of the Philippines Province of Ilocos Sur
MUNICIPALITY OF SAN ESTEBAN
OFFICE OF THE TREASURER
FINANCIAL STATEMENT
SAN ESTEBAN MUNICIPAL SCHOLARS
As of July 5, 2004
Click here for the Municipal Scholarship Program
Click here for the Municipal Scholarship Fund as of June 12, 2003
Name of Project: San Esteban Scholarship Fund
Balance Per Last Report – June 12, 2003                                                     P127,366.49

PLUS:

Donations from SESAA, July 2003($300)                                                15,660.00

Donations from San Esteban Website, July 2003 ($100)                          5,220.00

Interest earned on Savings Deposit 2^nd qrt. 2003                                         141.62

Interest earned on Savings Deposit 3rd qrt. 2003                                          274.32

Donations from San Estebanians of Washington, October 2003 ($200)    10,680.00

Donations from San Esteban Circle of California, Dec. 2003 ($200)        10,700.00

Interest earned on Savings Deposit 3rd qrt. 2003                                         219.05

Interest earned on Savings Deposit 1st qrt. 2004                                         230.94

Donations from Mr. Rudy Europa & Mr. William Esperanza representing            commissions from solicitations of the Fiesta Souvenir Program 2003        15,550.00

Donations from SESAA, May 2004 ($300)                                            16,350.00

SK Counterpart CY 2004@ 5,000.00/barangay                                     50,000.00

Donations; San Esteban Website c/o Mrs. Susan Europa, July 2004         5,570.00

                                                                               TOTAL: P 257,912.42

Less Expences:
1. withholding (interest 2^nd qrt. 2003)                                            28.32

2. withholding (interest 3rd qrt. 2003)                                            54.86

3. withholding (interest 4th qrt. 2003)                                            43.81

4. withholding (interest 1st qrt. 2004)                                            46.18

5. withdrawal of monthly stipend for 3 scholars                              75,000.00

@P75,000.00/mo (June 2003 to March 2004)

                                                                   DEDUCTIONS:   P 75,173.17

                                                              CASH BALANCE:   P 182,739.25


CERTIFIED CORRECT:

                                                                          Angelita H. Arce
                                                                         Municipal Treasurer