Question & AnswerQ&A (EXECUTIVE ORDER NO. 286)
The reclassification takes effect as of July 1, 1957.
The chartered cities exempted are Manila, Baguio, and Quezon Cities.
The classification is based on the total revenues of the cities during the fiscal year ending June 30, 1957, as certified by the General Auditing Office.
There are five classes of cities identified in the reclassification: 1st, 2nd, 3rd, 4th, and 5th class.
This reclassification is pursuant to section one of Republic Act Numbered Eight Hundred and Forty (RA No. 840).
Cebu City had a total revenue of P4,897,142.51 for the fiscal year ending June 30, 1957.
Bacolod was classified as a 1st class city.
Classification determines the city's financial category based on revenue, which affects its administrative powers, budget allocation, and possibly the salaries of officials.
The General Auditing Office certifies the total revenues for the purpose of reclassification.