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Meycauayan
Meycauayan, officially the City of Meycauayan ( fil, Lungsod ng Meycauayan), is a 3rd class component city in the province of Bulacan, Philippines. According to the 2020 census, it has a population of 225,673 people. It is one of the oldest towns in the province. The city is located north of Manila and south of Malolos City, the provincial capital city. It is bounded by the town of Marilao to the north, the two Metro Manila cities of Valenzuela to the south and Caloocan (North) to the east, and the town of Obando to the west. It encompasses an aggregate area of , representing 1.17% of the total land area of the province of Bulacan. Etymology Meycauayan got its name came from the words "may kawayan", translated to English as "with bamboo". It is formerly called as Mecabayan. History During the Spanish colonization of the country, the town of Meycauayan was established as a settlement by a group of Spanish priests belonging to the Franciscan Order. In 1578, its early inhabi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bulacan
Bulacan, officially the Province of Bulacan ( tl, Lalawigan ng Bulacan), is a province in the Philippines located in the Central Luzon region. Its capital is the city of Malolos. Bulacan was established on August 15, 1578, and part of the Metro Luzon Urban Beltway Super Region. It has 569 barangays in 20 municipalities and four component cities (Baliuag, Malolos the provincial capital, Meycauayan, and San Jose del Monte). Bulacan is located immediately north of Metro Manila. Bordering Bulacan are the provinces of Pampanga to the west, Nueva Ecija to the north, Aurora and Quezon to the east, and Metro Manila and Rizal to the south. Bulacan also lies on the north-eastern shore of Manila Bay. In the 2020 census, Bulacan had a population of 3,708,890 people, the most populous in Central Luzon and the third most populous in the Philippines, after Cebu and Cavite. Bulacan's most populated city is San Jose del Monte, the most populated municipality is Santa Maria while the least po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Henry Villarica
Henry Resurreccion Villarica, also known as Atorni Henry, is a Filipino attorney and politician who is currently serving as City Mayor of Meycauayan. He previously served as Mayor from 2016 until 2019, and served as the member of the Philippine House of Representatives from the 4th District of Bulacan from 2019 until 2022. He is also the president of Villarica Pawnshop, which was founded by his parents. Early life and education Henry Villarica was born in Meycauayan, Bulacan. He is the son of Quirino Villarica and Paz Resurreccion Villarica. His mother was a councilor of then-municipality of Meycauayan. His parents founded Villarica Pawnshop in 1954. Its first branch is in Manila. After the death of his mother, Villarica was assisted by his wife, Linabelle Villarica, in opening a second outlet in Makati in 1982, which is called Tiffany House of Jewels. The pawnshop is expanding in the rest of the country. Villarica was a topnotcher in the 1971 Philippine Bar Examination, receiv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Linabelle Villarica
Linabelle Ruth Ramos Villarica (born July 25, 1949) is a Filipino politician who currently serves as the member of the House of Representatives from the 4th District of Bulacan since 2022 and previously from 2010 to 2019. She previously served as mayor of Meycauayan from 2019 to 2022. Early life and education Linabelle Villarica was born on July 25, 1949 in Espiritu (now Banna), Ilocos Norte. She graduated at the University of the Philippines Diliman with a course of Bachelor of Arts in speech and drama. Political career Congresswoman for the 4th District (2010–2019) Villarica served as the member of the House of Representatives from the 4th District for nine years. She filed many house bills, including House Bill 4113 (100-Day Maternity Leave Bill). She served three terms in the House and also formerly served as Deputy Speaker. Mayor of Meycauayan (2019–2022) Villarica ran for mayor of Meycauayan in 2019 and won. She switched places with her husband Henry Villarica, who ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cities Of The Philippines
A city ( fil, lungsod/siyudad) is one of the units of local government in the Philippines. All Philippine cities are chartered cities ( fil, nakakartang lungsod), whose existence as corporate and administrative entities is governed by their own specific municipal charters in addition to the Local Government Code of 1991, which specifies their administrative structure and powers. As of December 17, 2022, there are 148 cities. A city is entitled to at least one representative in the House of Representatives if its population reaches 250,000. Cities are allowed to use a common seal. As corporate entities, cities have the power to take, purchase, receive, hold, lease, convey, and dispose of real and personal property for its general interests, condemn private property for public use (eminent domain), contract and be contracted with, sue and exercise all the powers conferred to it by Congress. Only an Act of Congress can create or amend a city charter, and with this city charter Cong ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Meralco
The Manila Electric Company (), also known as Meralco (, ), is an electric power distribution company in the Philippines. It is Metro Manila's only electric power distributor and holds the power distribution franchise for 22 cities and 89 municipalities, including the whole of the National Capital Region and the exurbs that form Mega Manila. The name "Meralco" is an acronym for Manila Electric Railroad and Light Company, which was the company's official name until 1919. History La Electricista Organized in 1891 and beginning operations in late 2000, La Electricista was the first electric company to provide electricity to Manila towards the close of the Spanish era. La Electricista had built a central power plant on Calle San Sebastian (now Hidalgo Street ) in Quiapo, Manila. On January 17, 1895, its streetlights were turned on for the first time and by 1903, it had about 3,000 electric light customers. Founding of the Manila Electric Railroad and Light Company On October 20, 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sangguniang Panlungsod
The Sangguniang Panlungsod (SP) is the local legislative body of a city governments in the Philippines. The name of the legislative body comes from the Tagalog words "''sanggunian''" ("council") – ultimately from the rootword "''sangguni''" ("to consult") – and "''lungsod''" ("city"); "city council" is therefore often used as an equivalent term. Members of the city council are referred to as "''kagawad''"; while in Cebuano-speaking cities they are called "''konsehal''" (masc.) and "''konsehala''" (fem.), or "''sehal''". The Local Government Code of 1991 governs the composition, powers and functions of the Sangguniang Panlungsod. The members of the Sangguniang Panlungsod, often referred to as councilors, are either elected or serve in an '' ex officio'' capacity. The city's vice mayor serves as the presiding officer. The Sangguniang Panlungsod is a form of the mayor–council government, via the "strong mayor" variant. Powers, duties, and functions The Sangguniang Panlung ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Sovereign States
The following is a list providing an overview of sovereign states around the world with information on their status and recognition of their sovereignty. The 206 listed states can be divided into three categories based on membership within the United Nations System: 193 UN member states, 2 UN General Assembly non-member observer states, and 11 other states. The ''sovereignty dispute'' column indicates states having undisputed sovereignty (188 states, of which there are 187 UN member states and 1 UN General Assembly non-member observer state), states having disputed sovereignty (16 states, of which there are 6 UN member states, 1 UN General Assembly non-member observer state, and 9 de facto states), and states having a special political status (2 states, both in free association with New Zealand). Compiling a list such as this can be a complicated and controversial process, as there is no definition that is binding on all the members of the community of nations concerni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Revenue
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive revenue from interest, royalties, or other fees A fee is the price one pays as remuneration for rights or services. Fees usually allow for overhead (business), overhead, wages, costs, and Profit (accounting), markup. Traditionally, professionals in the United Kingdom (and previously the Repu .... This definition is based on International Accounting Standard, IAS 18. "Revenue" may refer to income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, Company X had revenue of $42 million". Profit (accounting), Profits or net income generally imply total revenue minus total expenses in a given period. In accountancy, accounting, in the balance statement, revenue is a subsection of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Assets
In financial accountancy, financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetaryThere are different methods of assessing the monetary value of the assets recorded on the Balance Sheet. In some cases, the ''Historical Cost'' is used; such that the value of the asset when it was bought in the past is used as the monetary value. In other instances, the present fair market value of the asset is used to determine the value shown on the balance sheet. value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. Assets can be grouped into two major classes: Tangible property, tangible assets and intangible assets. Tangible ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Internal Revenue Allotment
The Internal Revenue Allotment (IRA) is a local government unit’s (LGU) share of revenues from the Philippine national government. Provinces, independent cities, component cities, municipalities, and barangays each get a separate allotment. The allotment is largely based upon the type of government they are and a formula based upon their land area and population. Section 284 of the Local Government Code of the Philippines (RA 7160) sets up the formula for the distribution of the allotment. All or nearly all of the revenue that a local government has to spend comes from their IRA, though some local governments also have additional local sources of revenue such as property taxes and government fees. Typically for municipalities, the IRA accounts for 90% of total revenues. Since cities have more sources of local revenues, their IRA ranges from 50% to 70% of their total budget. A portion of each local government unit's allotment is set aside their Sangguniang Kabataan S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liability (financial Accounting)
In financial accounting, a liability is defined as the future sacrifices of economic benefits that the entity is ''obliged'' to make to other entities as a result of past transactions or other ''past'' events, the settlement of which may result in the transfer or use of assets, provision of services or other yielding of economic benefits in the future. Characteristics A liability is defined by the following characteristics: * Any type of borrowing from persons or banks for improving a business or personal income that is payable during short or long time; * A duty or responsibility to others that entails settlement by future transfer or use of assets, provision of services, or other transaction yielding an economic benefit, at a specified or determinable date, on occurrence of a specified event, or on demand; * A duty or responsibility that obligates the entity to another, leaving it little or no discretion to avoid settlement; and, * A transaction or event obligating the entity t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Expenditure
An expense is an item requiring an outflow of money, or any form of fortune in general, to another person or group as payment for an item, service, or other category of costs. For a tenant, rent is an expense. For students or parents, tuition is an expense. Buying food, clothing, furniture, or an automobile is often referred to as an expense. An expense is a cost that is "paid" or " remitted", usually in exchange for something of value. Something that seems to cost a great deal is "expensive". Something that seems to cost little is "inexpensive". "Expenses of the table" are expenses for dining, refreshments, a feast, etc. In accounting, ''expense'' is any specific outflow of cash or other valuable assets from a person or company to another person or company. This outflow is generally one side of a trade for products or services that have equal or better current or future value to the buyer than to the seller. Technically, an expense is an event in which a proprietary stake is dimi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
