December 14, 2016 02:16 AM
By: Maricyn A. De los Santos
THE Iloilo City government contributed 18.84 percent of the total local revenues of Western Visayas.
The city government, through City Assessor Nelson Parreno and City Treasurer Katherine Tingson, was cited for its outstanding performance in the 4th Quarter Conference-Workshop and Year-End Assembly of Treasury and Assessment Association Members of all provinces, cities, and municipalities in Region 6.
The city generated P1.5 billion in local revenues, the largest income generated by any LGU in Region 6.
Iloilo Province and Bacolod City complete the top three LGUs with the biggest local revenues generated.
The local revenues are from real property and business taxes.
Parreno said among all taxes, RPT is the most stable.
The city uses RPT to fund the maintenance of schools and to pay for salaries of teachers under the Local School Board.
The City Assessor conducts information campaign in barangays dubbed "pulong-pulong" to inform the public on the importance of keeping their RPT payments up-to-date.
'NOT IRA DEPENDENT'
Parreño said the city generates more than half of its income, making Iloilo City independent of the Internal Revenue Allotment from the national government.
Iloilo City is only 33 percent dependent to IRA, he said.
Mayor Jed Patrick Mabilog welcomes the good news, and lauded the efficient tandem of the City Assessor's and City Treasurer's offices.
But he stressed the city still needs IRA to ensure effective delivery of social services like in health and education.
Mabilog called on businessmen to process the renewal and application of business permits early.
"The city government commits that processing time is within 15 to 30 minutes; when building and zoning permits are included, it will only be one day," Mabilog said.