ECONOMIC SECTOR

 AGRICULTURE

 Summary of Program/Projects Implemented (Project/Program - Indicator, Funding, Source)

1.      GPEP: 

a.) Rice - 130 bags, P52,000, DA Natl.

b.) Corn (Hybrid) - 1,599 bags, P1,119,300, DA Natl.

c.) Corn (OPV) - 665 bags, P266,000, DA Natl. 

2.      Infrastructure Support to GPEP:

a.) Solar Dryer - 7 units, P350,000, DA Natl.

b.) Shallow Tube Well - 21 units, P1,386,000, DA Natl.

3.      Calamity:

a.) Hand Tractor - 1 unit, P66,000, DA Natl.

b.) Corn (hybrid) - 246 bags, P172,200, DA Natl.

4.      CARP (For Redispersal)

a.) Carabao - 2 heads, P30,000, DA Natl.

b.) Cattle - 11 heads, 165,000, DA Natl.

5.      Animal Health Protection:

a.)Veterinary Product:

a.1) Vaccine - (assorted), P18,200, OPA, Amas

b.2) Medicine - (assorted), P23,044, OPA, Amas

6.    Livelihood - (various project), P142,870, OPA, Amas

7.      Pest Control Operation:

7.1) Insecticide:

a.) Hopcin - 120 kgs, P45,000, LGU-Carmen

b.) Sevin - 10 kgs, P3,500, OPA, Amas

7.2) Rodenticide:

a.) Zincphosphide - 20 kgs., P15,000, OPA, Amas

8.      Key Commercial Crops Development Project

8.1) Plant-Now-Pay-Later Project

a.) Mango - 15 has, P102,000, OPA, Amas

GRAND TOTAL ------------   P 3,956,114.00

Post-Harvest Facilities

The post-harvest facilities found in the municipality are:

Tractors (4 wheels)                   =          18

Hand Tillers                              =          20

Palay Threshers                        =          19

Corn Shellers                            =          32

Rice Mills                                 =          10

Corn Mills                                =          6

Private Warehouses                  =          3

Dryers                                      =          29

Cropping Pattern/Calendar

Cropping pattern in the municipality is determined by 2 factors considered to be vital to production. These are the climatic characteristic prevailing and the availability of good surface and ground water in the area.

Irrigated areas are planted to rice twice a year. The first crop is usually planted around May to June while the second crop is from November to December. As for the rain fed area, planting is dependent on the availability of rainfall, but usually, it is done once a year from June to July when rain is most availability.

With regards to corn, cropping is done usually three times a year during favorable weather. When weather is not cooperating, at least one cropping is done a year.

PUBLIC FINANCE

The financial affairs, transactions, and operations of the Municipality of Carmen are governed by a set of fundamental principles. It maintains a General Fund, Special Education Fund, and a Trust Fund.

APPROPRIATION AND EXPENDITURES

For calendar year 1995, the municipality collected P22,702,472 which is 0.03% higher than the targeted collections. Out of this, it appropriated P25,169,109 of  which P20,031,174 was expended and the P80,818 balance in capital outlay was retained as continuing appropriation for the ensuing year.

The municipality’s assets, liabilities and residual equity as of December 31, 1995 were P29,027,044, P4,269,424 and P24,757,620, respectively which correspondingly increased by 25.39%, 21.74% and 26.04% over that of last year. On the other hand, its current ratio of 2.42 and debt/equity ratio of 14.80 increased by 0.13% and decreased by 0.01 respectively.

SOURCE OF INCOME

The Municipality’s sources of revenue are classified into tax revenue, operating and miscellaneous revenue, and grants and aids which are derived from both local and national sources. From these sources, it estimated an income of P21,048,836 for the year both in the General and Special Educational Fund. The actual income realized during the same period was P22,702,472. compared with last year’s income of P21,088,302, this year’s income increased by P1,614,170 or 7.65%.