Poblacion, Banate
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email: lgubanate@gmail.com

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STATEMENT OF INDEBTEDNESS 2020

LBP Form No 5                      
                       
STATEMENT OF INDEBTEDNESS
BUDGET YEAR 2020
MUNICIPALITY OF BANATE
                       
                  Amount Due    
  Date   Principal             Previous  Payments Made   Budget  Year   Balance of
CREDITOR Contracted Term amount Purpose   2019     2020   The Principal
          Principal Interest Total Principal Interest Total  
                       
Land Bank of the Philippines                      
Iloilo Branch                      
Iloilo City                      
Construction of Market                      
                       
1st Level 28/12/2005 15 years 12.5 Million   223,214.29 45,018.14 268,232.43 223,214.29 22,210.01 245,424.30  
          223,214.29 40,316.06 263,530.35 223,214.29 16,644.94 239,859.23  
          223,214.29 34,439.27 257,653.56 223,214.29 11,201.63 234,415.92  
          223,214.29 28,080.30 251,294.59 223,214.29   223,214.29  
TOTAL         892,857.16 147,853.77 1,040,710.93 892,857.16 50,056.58 942,913.74  
                       
Construction of Market 31/07/2009 11 years 9.0 Million   214,138.26 42,240.97 256,379.23 214,138.26 21,355.16 235,493.42  
2nd Level         214,138.26 37,782.20 251,920.46 214,138.26 16,016.37 230,154.63  
          214,138.26 33,088.76 247,227.02 214,138.26 10,794.92 224,933.18  
          214,138.26 26,987.29 241,125.55 214,138.26   214,138.26  
TOTAL         856,553.04 140,099.22 996,652.26 856,553.04 48,166.45 904,719.49  
TOTAL          1,749,410.20 287,952.99 2,037,363.19 1,749,410.20 98,223.03 1,847,633.23  

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