The municipal council of Lamitan, Basilan yesterday approved the 20% development fund in the internal revenue allotment (IRA) amounting to P10.2 million to finance infrastructure projects, health, education and social services.
The executive budget was prepared and submitted by the local finance committee for fiscal year 2005. Lamitan, with 45 barangays, has a proposed budget of P61,108,200 for next year.