BARANGAY LIBOTON

ECONOMIC AND INVESTMENT

A. TOP TEN MINIMUM BASIC NEEDS (MBN) FOR SURVIVAL

1. Drainage
2. Housing
3. Employment
4. Garbage
5. Water
6. Medicine
7. Education
8. Streetlight
9. Roads
10. Public Transportation

B. LIVELIHOOD

The means of livelihood present in the barangay are : dealer of breads, bakers, hair dresser, manicurist, dermatologist and sari- sari entrepreneurs.

C. COMMERCIAL

There are 62 Commercial Establishments in the vicinity of Barangay Liboton. This includes: Auto Repair Shop, Bakery, Barber Shop, Beauty Parlor, Eatery, General Merchandise, Hardware, Hotel/Pension House, Junk Store, Lumber Dealer, Pawnshop, Poultry Supply and Sari-Store.

These commercial establishments contributed a total annual tax due of 372,884.56 to the City's budget. The minimum annual tax due is 428.00 and the maximum annual tax due that the City received is 117,004.23 from the 9 General Merchandise. The City is gaining a gross sales of 9,889,791.40 computed annually.

D. EXISTING DEVELOPMENT PROJECTS

PROJECTS	COST (PhP)

Playground construction	47,598.00
Drainage Cover & Widening, Molave St.	135,400.00

E. FUTURE DEVELOPMENT PROJECTS

PROJECTS	ESTIMATED COST (PhP)

Construction of Drainage Canal	270,000.00
Additional construction in barangay hall	78,000.00