Title
Automatic Income Classification of LGUs Act
Law
Republic Act No. 11964
Decision Date
Oct 26, 2023
The Automatic Income Classification of Local Government Units Act institutionalizes the automatic income classification of provinces, cities, and municipalities in the Philippines to promote local autonomy and determine their financial capability, with adjustments made by the Secretary of Finance based on economic conditions, ensuring that lower income class LGUs are not disadvantaged and implementing rules and regulations to be issued by the Department of Finance and Department of Budget and Management.
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