Republic of the Philippines
PROVINCE OF DAVAO DEL NORTE
STATEMENT OF INCOME AND EXPENDITURES
AS  OF  JUNE 30,  2007
		ESTIMATE		ACTUAL
INCOME
	Interest Income	P                      4,650,000.00		P                      2,830,475.84
	Property Taxes	15,600,000.00		4,372,750.21
	Taxes on Goods and Services	1,320,000.00		1,360,144.41
	Other Taxes	496,844,236.00		248,769,780.75
	Othe Specific Income	65,633,000.00		10,436,443.79
	Gov't.  Equity-Available for Operations	64,903,689.79		64,903,689.79
	Borrowings	60,000,000.00		-
	TOTAL	P                  708,950,925.79		P                  332,673,284.79
EXPENDITURES:
	Personal Services	P                  216,692,944.00		P                    73,896,567.36
	Maint. & other Operating Expenditures	343,463,817.79		81,558,574.15
	Financial Expenses	646,484.00		140,811.09
	Capital Outlays	108,027,680.00		5,069,934.40
	TOTAL	P                  668,830,925.79		P                  160,665,887.00