Income of Pampanga government increases

City of San Fernando, Pampanga — The provincial government of Pampanga’s dependence on its Internal Revenue Allotment (IRA) for its yearly operation has dropped by 20 percent.
This was disclosed over the weekend by Pampanga 1st District Board Member Crisostomo Garbo, chairman of the committee on ways and means and also on appropriations of the Sangguniang Panlalawigan (SP), adding the reduction is quite significant at 60 percent. “From 80 percent dependency rate of the past administrations, we are now less dependent at 60 percent. It is an achievement,” said Garbo.
“The drop could be greatly attributed to the income generating efforts spearheaded by the provincial government,” he added.
As he cited the present administration under Pampanga Governor Lilia G. Pineda for its collective efforts in coming up with effective measures and strategies to increase the income of the province.
Since Pineda’s assumption to office in 2010, Garbo said the province’s budget continue to soar from P1.1 billion to P1.4 billion in 2011, to P1.7 billion at present. He said majority of the income of the province comes from the quarry operations where in the collection of the provincial government environment and natural resources office (PG-ENRO) reached P842 million for the first term of the current administration – the highest so far in the history of the quarry industry.
There is also an increase in the Real Property Tax (RPT) collection following the implementation of the integrated taxation management system (I-TAX) on some of the towns in the province, said Garbo.
The provincial government targets P500 million yearly RPT collections once the I-Tax is fully implemented in all the municipalities and cities, according to Garbo.

http://mb.com.ph/News/Provincial_News/24443/Income_of_Pampanga_government_increases#.Ufade6x2HFw

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