List: 16 Bicol towns report F/Y2014 earnings between P34-M and P49.7-M

List: 16 Bicol towns report annual regular income for F/Y2014 between P34-M and P49.7-M

For fiscal year ending December 2014, 16 Bicol municipalities out of 107 reported their annual regular income between P34 million and P49.7 million.

The local government unit of San Miguel, Catanduanes, the only landlocked town of the island province, topped the category while the town of Gainza of Camarines Sur earned the least.

The port town of Pasacao fronting the rich fishing grounds of Ragay gulf, on the western seaboard of Camarines Sur. H/T flickr by Edison Sy.

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.

As of this posting, four Bicol towns has no updated information of its earnings on the government database files.

Rank Municipality Province Annual Regular Income(PHP)
88 SAN MIGUEL Catanduanes 49,632,228.43
89 PRIETO DIAZ Sorsogon 49,061,823.81
90 BALATAN Camsur 47,995,495.19
91 SAN LORENZO RUIZ CamNorte 47,042,121.26
92 CAMALIGAN Camsur 46,634,674.57
93 GIGMOTO Catanduanes 46,584,178.50
94 CABUSAO Camsur 46,375,560.36
95 ESPERANZA Masbate 46,137,823.53
96 BARAS Catanduanes 44,619,927.77
97 SANTA MAGDALENA Sorsogon 44,380,845.29
98 BATUAN Masbate 41,355,354.70
99 BAGAMANOC Catanduanes 41,300,839.56
100 BOMBON Camsur 40,586,989.50
101 PANGANIBAN Catanduanes 39,732,509.76
102 SAN VICENTE CamNorte 38,098,403.78
103 GAINZA Camsur 33,265,418.68
BACACAY Albay No Data
PAMPLONA Camsur NoData
PASACAO Camsur No Data


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