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.

RankMunicipalityProvince Annual Regular Income(PHP)
88SAN MIGUELCatanduanes 49,632,228.43
89PRIETO DIAZSorsogon 49,061,823.81
90BALATANCamsur 47,995,495.19
91SAN LORENZO RUIZCamNorte 47,042,121.26
92CAMALIGANCamsur 46,634,674.57
93GIGMOTOCatanduanes 46,584,178.50
94CABUSAOCamsur 46,375,560.36
95ESPERANZAMasbate 46,137,823.53
96BARASCatanduanes 44,619,927.77
97SANTA MAGDALENASorsogon 44,380,845.29
98BATUANMasbate 41,355,354.70
99BAGAMANOCCatanduanes 41,300,839.56
100BOMBONCamsur 40,586,989.50
101PANGANIBANCatanduanes 39,732,509.76
102SAN VICENTECamNorte 38,098,403.78
103GAINZACamsur 33,265,418.68
BACACAYAlbay No Data
PASACAOCamsur No Data


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