Santa Maria, Bulacan
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Santa Maria, Bulacan
Santa Maria ( , ), officially the Municipality of Santa Maria ( tgl, Bayan ng Santa Maria), is a 1st class municipality of the Philippines, municipality in the Philippine Province, province of Bulacan, Philippines. According to the 2020 census, it has a population of 289,820 people. representing 7.8% of the population of the province. Located on the banks of the Santa Maria River (Philippines), Santa Maria River, north of Manila, Santa Maria has been a thriving settlement for almost four centuries. It was founded as a ''barrio'' of Bocaue in the early 17th century until it was established as an independent municipality on November 26, 1793, by the Spanish Friars in Colonial Philippines, Spanish friar Francisco Dominguez Javier Franciscan, OFM. Known before as ''Santa Maria de Pandi'' (), it is named under the patronage of the Virgin Mary, Immaculate Conception (also known as La Purisima Concepcion). Its administrative center, the Poblacion, forms as the historic core of the mun ...
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Immaculate Conception Parish Church (Santa Maria)
The Minor Basilica of La Purísima Concepción, locally known as Santa Maria Church (Filipino language, Filipino: ''Basilika Minor ng La Purisima Concepcion'') (Spanish language, Spanish: ''Basilica Menor de la Purísima Concepción'') is a Roman Catholic Church located in the municipality of Santa Maria, Bulacan, Santa Maria, in the province of Bulacan, Philippines. It is under the coat of arms and jurisdiction of the Roman Catholic Bishop of Malolos and Seat of the Episcopal Vicar of the Eastern District of the Roman Catholic Diocese of Malolos, Diocese of Malolos. It was declared by Pope Francis on March 21, 2021 that the parish will be elevated into a Minor Basilica. On November 27, 2021, the church was formally declared as a Minor Basilica which was headed by Charles Brown, the apostolic nuncio to the Philippines. Early history Santa Maria Church was founded by Franciscan Friars as a ''visita'' by the priest Francisco Javier under the parish of Saint Martin of Tours in Bocau ...
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Sangguniang Bayan
The Sangguniang Bayan () is the local legislative branch of the municipal governments in the Philippines. It is responsible for passing ordinances and resolutions for the administration of a municipality. Its powers are defined by the Local Government Code, passed by Congress in 1991. The Sangguniang Bayan is a form of the mayor–council government, via the "strong mayor" variant. Composition Presiding officer The municipal vice mayor is the ''ex officio'' presiding officer of the Sangguniang Bayan, although he has no voting privilege except in cases to break a deadlock. In the absence of the vice mayor, a temporary presiding officer is elected by the Sangguniang Bayan councilors present at the session. Members All municipalities in the Philippines, with the exception of Pateros in Metro Manila, have eight regular members or councilors elected at-large. In the case of Pateros, its Sangguniang Bayan is composed of twelve elected councilors, wherein six are elected from each ...
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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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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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Measuring Poverty
Poverty is measured in different ways by different bodies, both governmental and nongovernmental. Measurements can be absolute, which references a single standard, or relative, which is dependent on context. Poverty is widely understood to be multidimensional, comprising social, natural and economic factors situated within wider socio-political processes. The capabilities approach argues that capturing the perceptions of poor people is fundamental to understanding poverty. The main poverty line used in the OECD and the European Union is a relative poverty measure based on 60% of the median household income. The United States uses an absolute poverty measure based on the U.S. Department of Agriculture's "economy food plan", adjusted for inflation. The World Bank also defines poverty in absolute terms. It defines '' extreme poverty'' as living on less than US$1.90 per day. ( PPP), and ''moderate poverty'' as less than $3.10 a day. It has been estimated that in 2008, 1.4 bill ...
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Economy Of The Philippines
The economy of the Philippines is the world's 32nd largest economy by nominal GDP according to the International Monetary Fund 2021 and the 12th largest economy in Asia, and the 3rd largest economy in the ASEAN after Indonesia and Thailand. The Philippines is one of the fastest-growing emerging markets, and the 3rd highest economy in Southeast Asia by nominal GDP, following Thailand and Indonesia. The Philippines is considered a newly industrialized country, which has an economy in transition from one based on agriculture to one based more on services and manufacturing. As of 2021, its GDP by purchasing power parity was estimated at $1.47 trillion, the 18th largest in the world. The country's primary exports include semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, and fruits. Its major trading partners include Japan, China, the United States, Singapore, South Korea, the Netherlands, Hong Kong, German ...
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List Of ZIP Codes In The Philippines
In the Philippines, a ZIP code is used by the Philippine Postal Corporation (PhlPost) to simplify the distribution of mail. While its function similar with the ZIP Codes used in the United States, its form and usage are quite different. Its use is not mandatory but highly recommended by the PhlPost. A ZIP code is composed of a four-digit number representing a locality. Usually, more than one code is issued for areas within Metro Manila, and a single code for each municipality and city in provincial areas, with some rare exceptions such as Dasmariñas in Cavite, which has three ZIP codes (4114, 4115, and 4126), Los Baños in Laguna, which has two ZIP codes (4030 and 4031 for the University of the Philippines Los Baños), and Angeles City, which has two ZIP codes (2009 and 2024 for Barangay Balibago). See also *Postal addresses in the Philippines *Telephone numbers in the Philippines References External linksPhilippine Postal Corporation {{DEFAULTSORT:ZIP codes in the Phil ...
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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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