City Gov’t register 104 % tax collection efficiency rate

 THE OFFICE OF THE CITY TREASURER HERE HAS REGISTERED A 104.53 PERCENT TAX COLLECTION EFFICIENCY RATE FOR THE MONTH OF OCTOBER.

 This means that the office has surpassed its General Collection estimated targets for 2017 just before the fiscal year ends onDecember 31.

 City Mayor Joseph Evangelista revealed the said development during the November 13, 2017 Convocation Program of the City Government.

 Out of the estimated local sources target of P120 million for 2017, the City Treasurer’s Office has already collected more than P125 Million as of October 31, Evangelista said.

 City Treasurer Elsa Palmones reported that General Collection includes all fees and charges such as Business Permits and Taxes, Community Tax Certificates; Licensing fees, Market Stall rentals,  Registration fees such as birth and death certificates, Building and Occupancy permits, Sanitary permits and other related fees, penalties and charges.

 On the other hand, collections for the real property taxes have registered an 83% collection efficiency rate.

 From an estimated P52 Million real property tax collection, the CTO has collected more than P43 Million as of October 31.

 The City Mega Market and Slaughter house recorded a tax collection efficiency rate of 95% with barely two months to go before the fiscal year ends, Palmones noted.

 The CTO is confident that it can meet its remaining targets as it anticipates the public to settle their tax obligations before the year ends.

 Mayor Evangelista is reminding the public to settle their tax obligations early to avoid the inconvenience of paying during the expected holiday rush. 

 

CITY GOVERNMENT SURPASSES TAX COLLECTION TARGETS: City Treasurer Elsa Palmones reports a 104% General Tax Collection efficiency rate for October 2017 during the recent convocation program of the City Government. With barely two months to go before the fiscal year ends, the City Government is confident that it can meet if not surpass its remaining targets in anticipation of the holiday rush in December.