Table F.3
CONSOLIDATED STATEMENT OF RECEIPTS AND EXPENDITURES OF LOCAL GOVERNMENT UNITS, 2001-2003
(In Million Pesos)
	2001		2002		2003
PARTICULARS		PERCENTAGE		PERCENTAGE		PERCENTAGE
	AMOUNT	DISTRIBUTION	AMOUNT	DISTRIBUTION	AMOUNT	DISTRIBUTION
BEGINNING BALANCE	40,015.75		45,656.25		66,251.17
RECEIPTS	128,030.03	100.00	157,012.63	100.00	167,737.48	100.00
				.		.
Revenues	125,017.36	97.65	155,623.55	99.12	166,758.29	99.42
Tax Revenue	112,379.40	87.78	140,701.68	89.61	147,970.24	88.22
Internal Revenue Allotment	86,888.94	67.87	108,834.61	69.32	114,557.51	68.30
Property Tax	9,734.78	7.60	12,726.60	8.11	13,109.65	7.82
Local Tax	15,755.68	12.31	19,140.48	12.19	20,303.09	12.10
Non-Tax Revenue	12,637.96	9.87	14,921.87	9.50	18,788.05	11.20
Operating and Miscellaneous Revenue	8,763.19	6.84	10,940.60	6.97	11,300.50	6.74
Capital Revenue	449.83	0.35	979.61	0.62	497.88	0.30
Grants	1,086.35	0.85	1,246.10	0.79	4,637.79	2.76
Extraordinary Income	242.47	0.19	300.03	0.19	898.37	0.54
Interfund Transfers	608.72	0.48	328.97	0.21	317.89	0.19
Other Receipts	1,487.42	1.16	1,126.57	0.72	1,135.62	0.68
Borrowings	3,012.66	2.35	1,389.08	0.88	979.19	0.58
TOTAL FINANCIAL RESOURCES	168,045.77		202,668.88		233,988.65
EXPENDITURE	122,389.52	100.00	136,417.72	100.00	145,759.41	100.00
General Services	59,360.60	48.50	67,136.41	49.21	71,473.63	49.04
Economic Services	27,392.03	22.38	28,802.09	21.11	30,032.06	20.60
Social Services	25,756.28	21.04	29,694.44	21.77	32,774.56	22.49
Others	9,880.61	8.07	10,784.77	7.91	11,479.17	7.88
ENDING CASH BALANCE	45,656.25		66,251.17		88,229.23