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Obando, Bulacan
Obando, officially the Municipality of Obando ( tgl, Bayan ng Obando), is a 2nd class municipality of the Philippines, municipality in the Philippine Province, province of Bulacan, Philippines. According to the 2020 census, it has a population of 59,978 people. It is away from the Philippine capital Manila and is part of Manila's conurbation which reaches San Ildefonso in its northernmost part.''Obando, Bayang Pinagpala!'' (Obando, Blessed Town!), ''Pamahalaang Bayan ng Obando'' (Local Government of Obando), 2006/2007 History In the 18th century, the municipalities now known as Meycauayan, Valenzuela, Metro Manila, Valenzuela (formerly Polo) and Obando comprised only one town, the Municipality of Meycauayan. The town of Polo and Obando, formed a barrio called Catanghalan. In the year 1623, the municipality of Polo was organized which included the present-day territories of the Town of Obando. By virtue of a decree promulgated during the time of Governor-General of the Philipp ...
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Obando Church
The Parish of San Pascual Baylon and National Shrine of Nuestra Señora Inmaculada Concepcion de Salambao ''(Tagalog: Parokya ni San Pascual Baylon at Pambansang Dambana ng Nuestra Señora Inmaculada Concepcion de Salambao)'', also known as Obando Church,"Kasaysayan ng Simbahan ng Obando." (History of the Obando Church), Obando, Bayang Pinagpala! (Obando, Blessed Town!), Pamahalaang Bayan ng Obando (Local Government of Obando), 2006/2007 is a Roman Catholic Church in the Philippines, Roman Catholic church located in the municipality of Obando, Bulacan, Obando in the province of Bulacan, Philippines. Founded by Franciscan missionaries, under the Spanish Empire, it is the venue of the three-day Obando Fertility Rites held annually in honor of three patron saints, namely: Paschal Baylon, St. Pascual Baylon, Clare of Assisi, St. Claire of Assisi and Our Lady of Salambao, a celebration that was mentioned by Jose Rizal, the Philippine national hero, in the pages of his Spanish-language n ...
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Philippine Standard Time
Philippine Standard Time (PST or PhST; fil, Pamantayang Oras ng Pilipinas), also known as Philippine Time (PHT), is the official name for the time zone used in the Philippines. The country only uses one time zone, at an offset of UTC+08:00, but has used daylight saving time for brief periods in the 20th century. Geographic details Geographically, the Philippines lies and 126°34′ east of the Prime Meridian, and is physically located within the UTC+08:00 time zone. Philippine Standard Time is maintained by the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). The Philippines shares the same time zone with China, Taiwan, Hong Kong, Macau, Malaysia, Singapore, Western Australia, Brunei, Irkutsk, Central Indonesia, and most of Mongolia. History Philippine Standard Time was instituted through Batas Pambansa Blg. 8 (that defined the metric system), approved on December 2, 1978, and implemented on January 1, 1983. The Philippines is one of ...
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Philippine Province
In the Philippines, provinces ( fil, lalawigan) are one of its primary political and administrative divisions. There are 82 provinces at present, which are further subdivided into component cities and municipalities. The local government units in the National Capital Region, as well as independent cities, are independent of any provincial government. Each province is governed by an elected legislature called the Sangguniang Panlalawigan and an elected governor. The provinces are grouped into seventeen regions based on geographical, cultural, and ethnological characteristics. Thirteen of these regions are numerically designated from north to south, while the National Capital Region, the Cordillera Administrative Region, the Southwestern Tagalog Region, and the Bangsamoro Autonomous Region in Muslim Mindanao are only designated by acronyms. Each province is a member of the League of Provinces of the Philippines, an organization which aims to address issues affecting provi ...
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Municipality Of The Philippines
A municipality ( tl, bayan/munisipalidad; hil, banwa; ceb, lungsod/munisipalidad/munisipyo; pag, baley; pam, balen/balayan; bcl, banwaan; war, bungto/munisipyo; ilo, ili) is a local government unit (LGU) in the Philippines. It is distinct from ''city'', which is a different category of local government unit. Provinces of the Philippines are divided into cities and municipalities, which in turn, are divided into barangays (formerly barrios) – ''villages''. , there are 1,488 municipalities across the country. A municipality is the official term for, and the official local equivalent of, a town, the latter being its archaic term and in all of its literal local translations including Filipino. Both terms are interchangeable. A municipal district is a now-defunct local government unit; previously certain areas were created first as municipal districts before they were converted into municipalities. History The era of the formation of municipalities in the Philippines st ...
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Crime Index
Crime statistics refer to systematic, quantitative results about crime, as opposed to crime news or anecdotes. Notably, crime statistics can be the result of two rather different processes: * scientific research, such as criminological studies, victimisation surveys; * official figures, such as published by the police, prosecution, courts, and prisons. However, in their research, criminologists often draw on official figures as well. Methods There are several methods for the measuring of crime. Public surveys are occasionally conducted to estimate the amount of crime that has not been reported to police. Such surveys are usually more reliable for assessing trends. However, they also have their limitations and generally don't procure statistics useful for local crime prevention, often ignore offenses against children and do not count offenders brought before the criminal justice system. Law enforcement agencies in some countries offer compilations of statistics for various types ...
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Languages Of The Philippines
There are some 120 to 187 languages spoken in the Philippines, depending on the method of classification. Almost all are Malayo-Polynesian languages native to the archipelago. A number of Spanish-influenced creole varieties generally called Chavacano are also spoken in certain communities. The 1987 constitution designates Filipino, a standardized version of Tagalog, as the national language and an official language along with English. Filipino is regulated by Komisyon sa Wikang Filipino and serves as a '' lingua franca'' used by Filipinos of various ethnolinguistic backgrounds. On October 30, 2018, President Rodrigo Duterte signed into law Republic Act 11106, which declares Filipino Sign Language or FSL to be the country's official sign language and as the Philippine government's official language in communicating with the Filipino Deaf. While Filipino is used for communication across the country's diverse linguistic groups and in popular culture, the government operates m ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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