P600M 2027 AIP for Mangaldan

 By Mortz C. Ortigoza

MANGALDAN, Pangasinan – The burgeoning landlocked town has P590, 417, 217.00 Annual Investment Plan (AIP) for the fiscal year of 2027.

The AIP is the one-year work and financial plan of a local government unit (LGU) in the Philippines that details the specific programs, projects, and activities (PPAs) to be funded in the upcoming annual budget. It acts as the mandatory precursor to the LGU's Annual Budget and Appropriations Ordinance. Public funds cannot be spent on items not listed in the plan.

In the October 13, 2026 Annual Investment Program signed by Mayor Bona Fe. D. Parayno, Municipal Planning and Development Coordinator Milagros J. Padilla, and Municipal Budget Officer Julieta C. Petonio the following sectors and items and their appropriations:

·         General Public Services                                    :      P206,711, 296.43

·         Social Services                                                :          45, 542, 774.00

·         Economic Services                                           :          55, 139, 589.00

·         Other Services (General Government)                :          11,278, 557.57

·         Other Services (Illumination/Water Services       :          74, 600,000.00

·         Amortization of Principal & Interest of Loan at     :          23,210,000.00

·         LBP 

          Scholarship Grants/ Expenses                             :         14,450,000.00

·         Gender and Development (GAD) PPAs                 :          29,521,000.00

·         PPAs for Children                                               :             4,783,000.00

·         5% Disaster Risk Reduction Management Fund     :          29,521,000.00

·         20% Development Fund                                      :           95,660,000.00

GRAND TOTAL                                                         :         590,417,217.00

                          

Aside from the grand total of P590,417,217.00 of the AIP, the Climate Change Adaptation and the Climate Change Mitigation have a respective budget of P4,605,000.000 and P2,532,500.00.