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Author Topic: Cebu Sinulog Cash Prize  (Read 767 times)

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Cebu Sinulog Cash Prize
« on: January 31, 2011, 09:19:14 AM »
A total of P14.5 million in financial assistance was approved by the Cebu City Council last Friday to pay for cash prizes in the contests of the Sinulog Festival, aid to visiting contingents and a Jan. 16 Chinese-themed grand finale.
The Council's committee on laws said there was no violation of theCommission on Audit (COA) circular which prohibits local government unit (LGU) allocating aid to groups headed by local officials, employees and their relatives.
The approval of financial aid was deferred the other week over concernst that audit rules may be violated.
Cebu City Mayor Michael Rama is the overall chairman of the Sinulog Foundation Inc. (SFI).
Councilor Edgardo Labella, chairman of the committee on laws, said there was no conflict of interest involved since the P14.5 million won't be given to the Sinulog Foundation.
“The amount will be charged to the city government-sponsored activities account..it is intended for the cash prizes and other expenses of the Sinulog Festival,” Labella said.
Ricky Ballesteros, SFI executive director said the cash prizes were given directly to the winners.
About P6.7 million will go to winning dance contingents of the Sinulog Grand Parade, and other contests for best floats, photos, video documentaries, etc.
Also, P1.3 million was allocated for financial aid to out-of-town-contingents at P100,000 each.
Prizes for winning dance groups of the Sinulog sa Kabataan in the city and province, and aid to 40 schools that participated, amounted to P5.8 million.
Another P2.5 million will pay for the decor the Chinese pagoda-inspired stage, costumes, props, secretariat and other costs of the grand finale production. - CDN - CORRESPONDENT Fatrick Tabada

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