SPTC in P20million deficit

He said the situation has been compounded by deficits from the previous years. The local authority has already received revenue support grant advance of P82 million for the whole financial year but the situation has forced them to request for additional funding and is still awaiting feedback. 

“It is true that the financial outlook indicates that we face a P20 million deficit by the end of the financial year. If we can consume at the rate at which we have been doing, then the deficit is likely to shoot up. But if we can forego some of our services then the deficit will remain there,” he said.