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Bacolod City, Philippines Tuesday, January 16, 2018
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City income reaches
P762M, Remollo says

Mayor Felipe Antonio Remollo announced recently that the city's income has grown from P617 million in 2015 to P678 million in 2016, and P762 million last year through the hard work of the City Treasurer's Office, led by its head, Cristina Merced.

Remollo said the city can afford to grant the third tranche salary increase for regular employees. The job order workers already received an increase of P50/day in 2016, while the pay increase for casual plantilla personnel will be tackled first by the Finance Committee.

Income generated from local sources grew by an average of 8.5 percent every year since 2014 until 2017. Collection from Real Property Tax increased by more than P10 million in 2017, compared to 2016.

Remollo said aggressive tax collection efforts and increase in the share of the Internal Revenue Allotment or IRA contributed to the P147 million additional funds for the city government of Dumaguete.

He said that increase in incomes derived from taxes and fees will be utilized to develop the barangay and enhance the delivery of basic social services for the public.

Meanwhile, he said, the city will pursue the completion of big projects this year: construction of the sanitary landfill, installation of 350 CCTVs, construction of 2 bridges to replace the spillways in Barangay Taclobo and at the back of Foundation University, restoration of the old Presidencia, bridge connecting Barangay Candau-ay and Cadawinonan that is part of the diversion road to ease traffic congestion in the downtown area, shoreline protection and view deck along Rizal boulevard, among other projects for 2018.*RG




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