CBANGA360The Bicol Street Journal

• About
• Latest Posts

Jap Adupe

Latest posts by Jap Adupe (see all)

• Watch the Good Friday Procession and Tableau of Calabanga - March 30, 2018
• Watch Quick and Easy Pickle Radish and Carrot the simple Asian style - March 28, 2018
• These are the three cool choices how to follow Cbanga360 contents and videos - March 5, 2018

An intersection in the city of Pasig. High rise buildings, post with telephone and electrical wirings. Cbanga360 file photo.

The Philippines has a total of 145 cities, either highly urbanized, independent or component as of December 2015. Of these local government units, 41 registered a regular annual income of P1 billion and above. In the lead pack include Quezon, Makati, Manila, Pasig and Davao.

Fifty four cities registered an annual income of less than P1-billion but not lower than P500 million. San Jose Del Monte (CL), Cabanatuan, Tagum, Tarlac, Ilagan topped the list.

Forty nine cities had annual regular income below P500 million led by Tagbilaran, San Jose (Central Luzon), San Carlos (Pangasinan), Balanga, Borongan. The newest and 145th city is Generel Trias (Cavite) which was only converted in December 2015.

Annual regular income of local government unit 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.

41 Philippine cities with FY2014 earnings over P1-billion

Interestingly enough, 14 cities in the National Capital Region fit into the list while five are from the Visayas and six from Mindanao. Cebu topped the list for the Visayas.

So here they are 30 cities in Luzon regions with regular annual income of P1-billion and above for the fiscal year 2014:

List of cities in the Visayas regions with regular annual income of P1-billion and above for the fiscal year 2014:

Cities in the Mindanao regions with regular annual income of P1-billion and above for the fiscal year 2014:

All together now, listing of 54 Philippine cities in all regions with regular annual income below P1-billion but not less than P500 million:

49 Philippine cities in all regions combined with regular annual income of P500-million and below:

Comments

comments

First Published         7 Jan , 2016      2:23 am      (UTC/GMT -8 HRS)       with 467 views.

THIS ARTICLE IS RELATED TO    Annual Regular Income, Internal Revenue Allotment, local government unit, Public Finance, year end report