Daraga tops list of Richest Bicol towns of 2017

The town of Daraga in Albay province, has total assets of P1.029 billion making it to the top of the list among the richest municipal local government units (LGU) for 2017, besting 106 others in Bicol region, according to the Commission on Audit (COA).

Daraga, aside from topping the list, is the only  town that breached the billion-peso threshold.

The mining town of Aroroy in Masbate province came second with assets of P996 million.

Libmanan of Camarines Sur province came third with assets of P801 million. Fourth on the list was Labo of Camarines Norte with P780 million in assets. Milagros of Masbate made it to the fifth with P650 million.

Below is the table listing the top ten municipal LGUs :

     MUNICIPAL LGU     PROVINCE                    ASSETSRANK
DaragaAlbayP1,029,766    1
AroroyMasbateP996,0512
Libmanan         Camarines Sur          P801,1203
LaboCamarines NorteP780,7094
MilagrosMasbateP650,1235
PolanguiAlbayP648,3436
MilaorCamarines SurP618,9037
LibonAlbayP614,4018
BacacayAlbayP576,5679
ViracCatanduanesP540,40210

Below is the complete list of the remaining Bicol Municipal LGUs, ranked from 11th to 107th, based on the 2017 Assets per report from the Commission on Audit:

  MUNICIPAL LGU      PROVINCE                    ASSETS         RANK  
PilarSorsogonP516,49211
GuinobatanAlbayP505,70512
PiliCamarines SurP500,03713
DaetCamarines Norte                  P495,13514
NabuaCamarines SurP489,62115
Del GallegoCamarines SurP489,62116
MinalabacCamarines SurP459,75217
BaaoCamarines SurP453,82718
BulanSorsogonP450,82119
GoaCamarines SurP447,98220
CawayanMasbateP423,36121
RagayCamarines SurP416,03322
OasAlbayP415,35323
BulaCamarines SurP411,03924
CamaligAlbayP405,97225
TigaonCamarines SurP403,52226
TiwiAlbayP4026,9127
CatainganMasbateP395,79328
SipocotCamarines SurP390,11229
Santa ElenaCamarines NorteP379,50630
GubatSorsogonP369,66131
BasudMasbateP367,22432
ManitoAlbayP364,69533
UsonMasbateP361,90234
GarchitorenaCamarines SurP358,44535
BatoCamarines SurP354,03836
Rapu-RapuAlbayP341,81237
ClaveriaMasbateP338,66738
San PascualMasbateP337,51839
DonsolSorsogonP313,59640
Jose PanganibanCamarines NorteP309,82541
CalabangaCamarines SurP309,07742
ParacaleCamarines NorteP290,15743
CastillaSorsogonP289,67144
MalilipotAlbayP288,20745
San FernandoCamarines SurP284,38446
MandaonMasbateP280,46347
CapalongaCamarines NorteP276,87648
PasacaoCamarines SurP266,04149
JubanSorsogonP265,12550
San JacintoMasbateP264,75751
CaramoranCatanduanesP254,91652
LagonoyCamarines SurP251,28253
BuhiCamarines SurP249,14754
MercedesCamarines NorteP247,78155
IrosinSorsogonP246,11256
MagallanesSorsogonP245,94957
CasiguranSorsogonP245,05658
San AndresCatanduanesP244,91859
Pio DuranAlbayP244,62360
CaramoanCamarines SurP242,19861
PamplonaCamarines SurP240,17862
MoboMasbateP233,93563
OcampoCamarines SurP233,80464
SangayMasbateP228,67265
VinzonsCamarines NorteP219,16466
PlacerMasbateP218,42967
Sto. DomingoAlbayP218,42968
LupiCamarines SurP216,00769
BalenoMasbateP205,14770
PalanasMasbateP204,67771
BalatanCamarines SurP203,67172
DimasalangMasbateP200,54173
MatnogSorsogonP192,92674
San FernandoMasbateP192,62475
TinambacCamarines SurP189,47376
San JoseCamarines SurP183,33077
MonrealMasbateP180,81378
San Lorenzo Ruiz   Camarines NorteP178,97379
TalisayCamarines NorteP174,34080
EsperanzaMasbateP172,62081
PandanCatanduanesP169,31882
Pio V. CorpuzMasbateP165,39183
BarcelonaSorsogonP160,07684
Santa Magdalena    SorsogonP157,84085
BaludMasbateP157,07886
Prieto DiazSorsogonP156,17287
BombonCamarines SurP154,30088
BatuanMasbateP150,84889
BulusanSorsogonP148,74790
CamaliganCamarines SurP148,41391
MalinaoAlbayP146,95792
MagaraoCamarines SurP144,82093
BagamanocCatanduanesP143,50194
CanamanCamarines SurP137,05995
BatoCatanduanesP135,78596
VigaCatanduanesP132,02097
CabusaoCamarines SurP120,05698
BarasCatanduanesP108,05699
SirumaCamarines SurP107,725100
GigmotoCatanduanesP102,453101
JovellarSorsogonP92,598102
San VicenteCamarines NorteP91,602103
PresentacionCamarines SurP87,124104
GainzaCamarines SurP81,352105
San MiguelCatanduanesP76,952106
PanganibanCatanduanesP51,954107

COA is mandated by the Constitution to submit to the President and the Congress, within the time fixed by law (not later than last day of September of each year) an annual report covering the financial condition and operations of the government, its subdivisions (LGUs), agencies, and instrumentalities, including government –owned or controlled corporations and non-government entities, subject to its audit, and recommend measures to improve their effectiveness and efficiency.

Tourist Stop: The ruins of Cagsawa church, with majestic Mt. Mayon as backdrop, in the outskirts of Daraga, Albay.

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