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List: 34 Bicol towns breach P100-M annual regular income in FY2014

Jap Adupe 4 years ago6:16 am (UTC/GMT -8 HRS) 3 Jan , 2016

34 Bicol towns surpass the P100-Million annual regular income for 2014.

2016_0103_tinigban-aroroy — Aroroy, Masbate. The rich mining town also boasts of white sandy beach in Tinigban. H/T to facebook photo by Guioguio Andray.

For fiscal year ending December 2014, of the 107 Bicol towns, 34 breached the P100-million mark in their annual regular income.

The first five local government units include the mining town of Aroroy (Masbate), Daraga (Albay), Labo (CamNorte), Daet (CamNorte) and Libmanan (CamSur).

Annual regular income consists of locally sourced revenue together with Internal Revenue Allotment (IRA) for the year and other shares from the national tax collection.

Locally sourced revenue includes real property tax, tax on business, other taxes, regulatory fees, service/user charges, and receipts from economic enterprises.

Rank	Town	Province	Annual Regular Income(PHP)
1	AROROY	Masbate	254,996,391.04
2	DARAGA	Albay	222,157,681.73
3	LABO	CamNorte	194,933,398.67
4	DAET	CamNorte	193,233,911.78
5	LIBMANAN	Camsur	171,790,729.82
6	BULAN	Sorsogon	168,541,238.86
7	PILI	Camsur	168,151,275.68
8	POLANGUI	Albay	154,942,141.70
9	GUINOBATAN	Albay	151,032,580.53
10	VIRAC	Catanduanes	145,166,778.16
11	NABUA	Camsur	143,122,619.14
12	CALABANGA	Camsur	133,425,330.26
13	MILAGROS	Masbate	132,545,101.95
14	LIBON	Albay	131,317,594.67
15	TINAMBAC	Camsur	131,083,184.80
16	BUHI	Camsur	130,438,621.86
17	PILAR	Sorsogon	129,349,994.75
18	SIPOCOT	Camsur	123,445,435.52
19	OAS	Albay	122,698,495.02
20	RAGAY	Camsur	121,241,435.52
21	TIWI	Albay	121,149,808.70
22	CATAINGAN	Masbate	119,800,509.66
23	BULA	Camsur	119,280,991.82
24	GOA	Camsur	118,973,132.99
25	CAWAYAN	Masbate	118,876,375.76
26	CAMALIG	Albay	114,857,075.13
27	LAGONOY	Camsur	114,480,924.14
28	JOSE PANGANIBAN	CamNorte	112,652,554.81
29	SAN PASCUAL	Masbate	109,557,321.74
30	GUBAT	Sorsogon	105,990,889.44
31	RAPU-RAPU	Albay	102,379,728.74
32	PLACER	Masbate	102,276,376.59
33	PARACALE	CamNorte	102,225,652.99
34	CASTILLA	Sorsogon	101,538,745.10

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