Revenues

Revenues

Kidapawan tax collection: impressive

KIDAPAWAN CITY (MindaNews / February 20) – The city government of Kidapawan has turned in an impressive collection efficiency, recording several folds increase in tax payments as of end of 2008, compared to the previous year.

Tagum City’s economic enterprise eyes P66-M income

TAGUM CITY (MindaNews/25 May) --The city government’s income generating office is optimistic it would earn P66 million or 5.2 percent higher than the treasurer’s expected target of P53.3 million for 2008. 

Lowell Brillante, the city’s economic enterprise manager, said they foresee the increase based on their over-all collection performance in the first four months. In the first quarter alone, the city collected P16.46 million.


Region 11 tax collection 13% lower than expected target

DAVAO CITY (MindaNews/03 April) – For the first time in five years, last year’s tax collection of the Bureau of Internal Revenue (BIR) regional office here was 13% lower than expected target.

Sibugay lawmaker pushes for IRA rationalization

IPIL, Zamboanga Sibugay (MindaNews/24 February) -- A Sibugay lawmaker is pushing for the “rationalization in the computation” of the Internal Revenue Allotment (IRA) to come up with an equitable formula in computing the IRA share of each local government unit.
   

Koronadal’s new tax code pushed

KORONADAL CITY (MindaNews/16 Feb.) - The city government is pushing for the revision of its revenue code this year in a bid to increase revenue collection.

Mayor Fernando Miguel said he has commissioned a review of the local revenue code "to make it more responsive to the development thrusts" of the city government.

Bukidnon cities to lose P170-M in 2008 IRA

MALAYBALAY CITY (MindaNews / February 8)- The city governments of Malaybalay and Valencia will lose as much as P170 million in their internal revenue allotment (IRA) shares this year as more towns were converted into cities last year.

In Iligan, Philippine flag flown at half mast to protest IRA cut due to...

ILIGAN CITY (MindaNews/6 Feb) -- The Philippine flag in the city’s amphitheater has been flying at half-mast for two weeks now even as no prominent person has died.

But Mayor Lawrence Lluch Cruz, who wears a black armed band on his left arm, says, “This is our symbol of protest against increasing illegal creation of cities in our country that has affected the budget of the standing cities of the country, such as Iligan.”


BIR-GenSan 2007 collection fails to reach target

GENERAL SANTOS CITY (MindaNews/28 Jan) – The collection of the Bureau of Internal Revenue here has decreased, failing short by five percent of its target for the year 2007.

Kidapawan imposes new tax code as IRA cut looms

KIDAPAWAN CITY (MindaNews/Jan. 19) – The city government has implemented a new tax code passed many years ago, to offset an expected P37-million cut in its internal revenue allotment (IRA).

Kidapawan mayor defends building construction for ukay-ukay vendors

KIDAPAWAN CITY (MindaNews/07 Nov) -- The city mayor here has denied any civil and criminal liability for allowing the construction of the P1.2 million-building for the ukay-ukay (used clothing) at the old public market terminal here.

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