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

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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