General Santos City’s economy is really on a roll!
In the 2008 Annual Audit Report released by the Commission on Audit of the financial operations of the local government units, General Santos City had a total income of P1,005,912,377.66!
This makes the Tuna Capital of the Philippines a certified member of the Billionaires Club!
This is also 12.7% increase from previous year’s (2007) income of P892,530,170.71!
Check out this comparative analysis between the incomes of 2007 and 2008 below…
Out of this 2008 total income of GenSan (which includes the IRA – Internal Revenue Allotment from the National Government), expenditures amounted to the following:
- Personal Services – ——————— ————– P 402,030,712.39
- Maintenance and Operating Expenses – P 391,552,510.80
TOTAL EXPENDITURES – P 793,583, 223.19
Deducted from the Total Income for 2008, this leaves the city with a Net Operating Income of P212,329,154.47 in 2008.
According to City Administrator Marcelino Dospueblos, a portion of this will go to paying off ongoing Capital Projects which are part of “continuing appropriations.” The other portions will be subject for appropriations for the succeeding years.
NOTE: “Continuing Appropriations” is money devoted to Infrastructures and Capital Items which have not yet been completed or have not yet been started.
I second the motion! 🙂 It’s about time that everyone knows! We are in dire need of a VOICE…..Now na! ^-^
@Kuya AVEL: IBlog nyo po ito kuya para mashare natin sa iba…
Request ko po sana… SALAMAT PO!
@Sid de Ayala: GENSAN is really qualified and deserves to be qualified as a METROPOLIS… Just comparing it with other METROs in the Phil… We will see WHY!!!
There is Polomolok, Alabel and Tupi – 1st class municipalities… Polomolok is poised to become a city hopefully this 2011 while Alabel, though , there’s still much to be desired, is really doing its best to be qualified as one.. (Don’t underestimate the possible HELP of Rep. Manny Pacquiao)…. Tupi, Sandwiched by Koronadal and Polomolok, will surely benefit from the urbanization process of these 2 areas and in no time, magiging city na rin ito…God Willing!
And there is MARBEL (One of the fastest growing cities in the Phil) and TACURONG at the periphery….
Maasim is gearing to become the industrial hub of Sarangani Province… MAKIMA Industrial Triangle will soon become a force to be reckoned with….
And of course.. there is our beloved MAGANDANG GENSAN…. GENSAN CITY is really BOOMING these years….
Thus, the prospects are bright and A METRO GENSAN is now within our grasp! 🙂
COA Annual Report 2009:
General Santos City’ registered a total income of P1,211,208,726.46 (1.211 Billion Pesos). If we compare it with the 2008 data… the increase is more phenomenal, our income has grown by a whooping 20.41% or 205 Million for just 1 year time span.
Apparently though, our city is still dependent on IRA comprising of 65% of the total income or equivalent to more than 800 Million…
2010 is crucial…. dito natin makikita ang total effect ng FISHING BAN!
We really need to diversify our economy, or else we’ll suffer the same fate of ILIGAN AND BUTUAN in the past decade and another thing, our LGU should engage on productive and profit – earning enterprises to jack up our income…
BUT STILL…. Congrats GENSAN!
U have a point jake.. yet i wont agree on ur statement na tuna industry lamang ng gensan ang panghatak ng city to gain its higher income, its bcoz several investors look at also the strategic location of the vcity.. from wat is beng posted from previous statements, u can see there wat im talkng for..
gensan city is bound to be the center of excellence of southern mindanao.. dahil sa napapagitnaan ito ng mga 1st class minicipalities which belongs from classed provinces, di maitatanggi na dahil sa strategic location nito naiinganyo ang mga investors na mg.invest..
and anther thing dn na panghatak ng city is ung mga beautiful and harswrking people of gensan with the leadership of very good and honest leaders, becoz of theor leadrship kya naisasagawa ng maayos ang mga batas, mga projects and other social and physical develipment ng city…
idagdag p ntn ang pagigng peaceful ng city for previous yrs bcoz of the good deployments of the pnp-gensan kay mrn taung mga police visibilty outpost all over the city kahit saang corner may outpost and syempre ung cooperation ng mga generals kaya well organize and peacefull ng city..
kya despite of the future problems that the city will encounter in the future, i am positive that we can make it.. for a certain problems there are thousands of solutions.. and we will pray for it.. hoooh, proud to be generals, kahit anng problem, kakayanin.. yan ang Generals! hehe.. Magandang Gensan sa lahat!.. (^_^)
im from iligan i hope masustain ninyo income nyo especially na may bann ngayon sa pagkuha ng tuna sa west atsouth pacific, i read in the news na 1,500 workers ang malay off dahil nito only 5 of the 13 canning factories will operate this year, alam ko na ang tuna industry ang panghatak nyo sa mga investors paano na kung tuluyan na itong hihina dahil na rin sa overfishing ang ban for 2 years daw united nations na ang nagimplement para mapangalagaan ang mga tuna sa pfic ocean kaya ang sm wait and see muna sila dyan baka malugi sila kagay ng sm cagayn de oro na libre na amg mga tenants dahil nalulugi ang mall
WITHOUT A DOUBT,GENERAL SANTOS CITY QUALIFIES TO BE A METROPOLITAN CITY, AS I RESEARCHED THE LATEST 10 (TEN) RANKERS OF METRO CITIES IN THE COUNTRY TODAY BY NEDA, GENSAN IS EVEN RICHER AND POPOULOUS THAN THOSE OF THE OTHER METROPOLITAN CITIES. GENSAN NAME INCLUDED IN THE BILLIONAIRES CLUB TODAY,ANDTOPPED AMONG POPULATED CITY IN THE COUNTRY ACCORDING TO THE NSO CENSUS OF 2007. MUCH MORE GENSAN IS THE TUNA CAPITAL OF THE WORLD, ALSO HOLD THE RECORD AS THREE TIME AWARDEE OF THE MOST COMPETITIVE MID SIZE CITY IN THE PHILIPPINES. THE GENERAL SANTOS INTERNATIONAL AIRPORT IS THE THIRD LARGEST AIRPORT IN THE PHILIPPINES AFTER MANILA AND CEBU, AND THE CITY’S FISHPORT COMPLEX PASSED THE STANDARD AMONG EUROPEAN ASSOC.. THE TOWNS WHICH BOUNDED THE CITY ARE FIRST CLASS MUNICIPALITIES. OTHERWISE, TO BE A METRO CITY, ONE SHOULD CONSIDERS A CLUSTER OF HIGHLY OR PARTIALLY URBANIZED CITIES OR TOWNS. IN THE CASE OF GENSAN, THIS CITY QUALFIES THE CRITERIA BECAUSE IT IS BOUNDED BY FIRST CLASS MUNICIPALITIES AND ONE (1) PARTIALLY URBANIZED CITY WHICH IS KORONADAL CITY ADDED WITH COMPONENT CITY OF TACURONG. LIKE OTHER METROPOLITAN CITIES IN THE COUNTRY A CLUSTER OF FIVE (5) TO 17 (SEVENTEEN) DIVISION COMPOSES ONE TO BE MTEROPOLITAN CITY. AND THAT THEN GENERAL SANTOS CITY IS READY FOR METROPOLITAN STATUS.
magandang gensan!
GOGOGO!
GENSAN eh!
congratulations GenSan for making it to the Billionaire’s Club. strong people makes for strong growth and strong revenue! masaya ang lahat pag maraming trabaho 🙂
Congrats to our city Gov’t for achieving another milestone but this figures would only mean so much to the generals if the quality of life will improve in the coming years.
congrats, gensan! more social development projects dayon para mag-trickle down ang asenso, so everybody will be happy!… here’s to continuing progress!
.-= Ariel Marco T. Oclarit´s last blog ..MBS3: Changing Mindanao =-.
i totally agree with hector’s observations. it’s a tall order but with the political will, anything is possible.
i’m a proud General. This is my city. I ? GENSAN.
.-= orman´s last blog ..Good-bye Chiz Escudero =-.
HAPPPY KA EH? HAPPY JUD KO!
It would be nice to learn if the city government translate increase income performance measurement into increase quality of life of the Generals, such as the reduction of street children, unemployment, prostitution, malnourish children, school drop-outs, etc.. etc.. etc…
Magandang GenSan!!! 😀
.-= hecky´s last blog ..Soccsksargen Bloggers get-together at Robinsons Place in General Santos City =-.
Bariles – So, the GenSan News Online Mag is already generating a Billion per year! Wow! Congrats….
Oh, hold on… looks like it’s the City you are talking about!
Never mind! 😉
.-= Mindanao Bob´s last blog ..E-Mail just doesn’t work anymore =-.
Expect sa 2009 Report mas tataas pa yang income ng GENSAN especially nandito na ang ROB at dami pang new investments pumapasok at papasok pa lang sa GENSAN… After so many years, ngayon ko lang talaga naramdaman na nag BOOM talaga ang GENSAN… Damang – dama ko talaga! AAAAAAAHHHHH….. LOL
How I wish and dream GENSAN will become a METRO soon!
METRO GENSAN? METRO SOCSARGEN? or METRO DADIANGAS perhaps?
I prefer the latter….
Nice Kuya! Sa Wakas, napost mo rin 2! Congratulations ulit GENSAN…. Constant visitor din ako ng website ng coa (www.coa.gov.ph)…. : )
Pag maging urbanize pa ang Polomolok at Alabel…I think pwede na maging METRO ang GENSAN…Kasi Geographically speaking, “ang “METROPOLITAN AREA” refers to a large – scale functional entity, containing several urbanized areas, discontinuously build up (with no reference to political boundaries) but nonetheless operating as a coherent whole and integrated economic whole… ”
Dito sa SocSkSarGen, Merong GENSAN – Koronadal – Tacurong Cities… Between them are Polomolok and Tupi both 1st class municipalities, (the former aspiring to be a city sooner or later)…. Based sa definition, ang METRO area is not just composed of one city but a cluster of cities or at least a cluster of urbanized areas! thnx 🙂
Yes, wala kasi tayong mga bagyo at ibang kalamidad dito at syempre masipag ang mga tao dito. Sikad, GenSan, Sikad!
galeeeng!!!
padayon, GenSan!!!
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WHOOOOAAAAA!
pwede na ba ma-qualify as METROPOLITAN CITY ang Gensan?
YEAH, PADAYON PA DAPAT NI!
Good news! Padayun sa pag-uswag Lungsod sa Heneral Santos!
.-= Incognito Ainur´s last blog ..What Really Matters In Life =-.
ibang level na talaga ang gensan!
Wow! Congrats GenSan!