For the Period Ended December 31, 2006

Income
	Sales Revenue	----	----
	Less: Cost of Goods Sold	___________	----
	Rent Income		----
	Dividend Income		----
	Interest Income		749,665.96
	Gain on Sale of Securities		----
	Gain on Sale of Assest		----
	Income from Grants & Donations		----
	Property Taxes	2,035,020.50
	Less: RPT/SET Discount	_____________	2,035,020.50
	Taxes on Goods & Services		2,195,449.12
	Other Taxes		6,427,792.40
	Other Specific Income		43,609,958.01
	Total Income		55,017,885.99
Less: Expenses
	Personal Services		29,222,017.12
	Maintenance & Other Operating Expenses		24,354,976.67
TOTAL EXPENSES			53,576,993.79
Operating Income			1,440,892.20
Less: Financial Cost		---
	Bank Charges	18,281.40
	Other Financial Charges	---	18,281.40
Income before Subsidies & Extraordinary Items			1,422,610.80
	Add: Subsidies from Other LGUs	---
	Subsidies from Other Funds	---
	Subsidies from Other Special Acct.	---
	Total	---
	Less: Subsidies to Other LGUs	---
	Subsidies to Other Funds	---
	Subsidies to Other Special Accts.	---	---
Income before Extraordinary Items			1,422,610.80
	Deduct Extraordinary Items
	Loss of Asset		---
NET INCOME			1,422,610.80