Practice question
A cityhood proposal counts a large one-time transfer as recurring locally generated average income under Section450(c). Officials say every cash receipt must count. Which is best?
- Every receipt counts regardless of the express exclusions
- Only campaign donations determine city income
- The mayor may repeal the income definition
- Private auditors may choose any definition by contract
- The statutory exclusions for transfers and non-recurring income must be applied
Legal references
- RA 11683: https://lawphil.net/statutes/repacts/ra2022/ra_11683_2022.html; amended Section450(b)-(c).
- 1987 Constitution: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/3/353; ArticleX Section10.
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