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City revenues up by 20%

February 15, 2011

ANGELES CITY — The City Government posted a 20 percent increase in revenues in January this year, records at City Hall showed.

Mayor Edgardo Pamintuan said the City Treasurer’s Office (CTO) collected a total of P191,248,188.25 in January 2011, which is 20 percent or P30,258,463.97 higher than last year’s P160,989,724.28.
“With reenergized revenue-generating measures via a vigorous tax information campaign and intensified and honest-to-goodness tax collection efforts, we were able to surpass last year’s collection,” Pamintuan said.

According to the mayor, there was a considerable increase in all revenue generating sources of the City government.
Based on last month’s tax receipts, the city collected P105,964,638.03 on business taxes, which is 26 percent higher than last year’s figure.

Other collections that increased include real property tax amounting to P80,086,241.87 or 10 percent higher, community tax P3,620,254.18 or 17 percent increase, and economic enterprise of P1,577,054.17 or 45 percent increase.

Pamintuan attributed the improved revenue collection on the restored trust and confidence of Angeleรฑos to the City Government, which implemented last year stringent fiscal management and streamlining measure to meet its goals to sustain the delivery of basic social services and other priority programs.

Pamintuan said the City Government had exerted strategies aimed at maximizing revenues on business taxes, fees, charges, and economic enterprises. The taxpayers were also encouraged to pay taxes on time.

“We can better serve our people if they pay the right taxes and if they do, the Angeleรฑos ought to receive quality service from us, and this shall be delivered,” Pamintuan added.

The mayor lauded the business community for their support and cooperation. He even commended the offices of the city treasurer, assessor, business permit and licensing, and other revenue generating agencies. (Reynaldo G. Navales)

Source: http://www.sunstar.com.ph/pampanga/local-news/city-revenues-20

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