This second post covers the year of 2002. Check out how towns, big and small, tumbled down in their rankings as others managed to stay on the top earning money and spending less. It is interesting to note how municipalities “played” with numbers in allocating tax money.
We just got hold of information about income and expenditures of towns, cities and provinces. So this post begins a series related to that, and we will try to make the most logical presentation with analysis and comparison to better understand the data.
The government might start affixing tax stamps on cigarettes by April next year to ensure tax compliance among tobacco companies. Internal Revenue Commissioner Kim Henares disclosed this during a recent hearing conducted by the House Committee on Ways and Means chaired by Rep. Romero “Miro” Quimbo (2nd District, Marikina City) […]
There are similarities between the cities of Davao and Puerto Princesa. Both have large land area than any of the cities one can locate in the country. Same cities are outside of Metro Manila. Before, respective residents claim either of the two LGUs was the biggest in the Philippines in terms of territory covered. Checking their websites and Wikipedia recently, it seems that has been settled.
In our continuing presentation of the annual income of Bicol LGUs we take a look at how they compare in rank with others. The province of Rizal topped the list. Quite remarkable considering that many of its premier and urban towns were chopped from its jurisdiction when the National Capital region was created.
The province of Camarines Sur and the city of Naga lead the list of top earners in their category for three consecutive years of 2001, 2002 and 2003. The perennial seconders are Albay province and Legazpi city for the same reference periods.
On this second installment on municipal LGUs focus is on the total non-tax revenue which consists of collections from regulatory fees (permit and licenses), service/user charges (service income), income from economic enterprises (business income) and other receipts (other general income). Daet of Camarines Norte earned the distinction to have topped […]
This second post covers the year of 2002. Check out how towns, big and small, tumbled down in their rankings as others managed to stay on the top earning money and spending less. It is interesting to note how municipalities “played” with numbers in allocating tax money.
We are crunching figures here. This time, we discuss how the six Bicol provinces spent the people’s money in 2009. Selected were five current operating expenditures which ate up much of the operating income of, and by comparison with, all six provincial local government units. General Public Service The province […]
Many Pinoys feel a sense of pride upon learning that the Philippines has been acknowledged the text messaging capital of the world in the past years. It is of no wonder since in one household, almost all members of the family that can read and write, therefore can text, have a cellphone for the purpose. But wait, there could be a looming change on this.
PDAF is too hot to handle. Under the scrutiny of the public and the lawmakers themselves, funds disbursed for projects in the region are getting good attention, this time, Read this interesting report discussion here. Albay Rep. Fernando Gonzalez (LP, 3rd District) is questioning the P25-million dredging projects in Polangui […]
MANILA, Dec. 2 — The peso strengthened against the United States dollar on Monday and is seen to remain this way until Friday on account of the volume of data set for release this week that is expected to be on the US dollar’s disadvantage. It gained P0.10 to end […]
As we qet more clear concept on how lawmakers dipped their hands into the Presidential Development Assistannce Fund, there will be more stories that will unravel. Here’s one for the province of Catanduanes, courtesy of the Party list representatives of A-Teacher and Alagad. Books as gardening manuals and worms for […]
For the fiscal year of 2007, the LGU of Libmanan was the first and only that surpassed the P100M earnings among the 35 municipalities, while capital town Pili had P87M. Rinconada’s Nabua made P73.2M and the third district town of Calabanga earned P72.6M.
Looking deep at the 2005 income of cities and provinces of Bicol this time, the trend is no different from previous years. The moneys earned stay more on the uptrend. The cities of Legazpi and Naga are truly rivals. Sorsogon may seem to occupy the third position now and the next years to come.
Received the other day the Casureco II bill for the household consumption of 159 kilowatts for the period between Jan. 24, 2013 – Feb. 24, 2013 . Not so funny to us each time we get hold of one but just the same we amuse ourselves of the fine prints […]
Despite the supposed high salaries of Filipino call center agents, they could only out-earn their American counterparts by 2037, based on a Watson-Wyatt study released last year and published by the CCAP magazine “Connect”. At that time, the salary rate hikes for the “low-cost but qualified labor” of Filipinos were rising at 9-percent on average versus 3-percent in the US.
In our continuing presentation of the annual income of Bicol LGUs we take a look at how they compare in rank with others. The province of Rizal topped the list. Quite remarkable considering that many of its premier and urban towns were chopped from its jurisdiction when the National Capital region was created.
Bicol congressmen received a total of P3.881 billion pork barrel funds between 2009 and March 2013, according to the records of the Department of Budget and Management. The amount represent funds released to 24 present and past congressional representatives of the six Bicol provinces. Representative District Amount 1 Bravo, Narciso […]
Research group IBON calls on lawmakers deliberating on the budget for the controversial Conditional Cash Transfer (CCT) Program to look into the resulting additional debt burden that Filipinos will shoulder to repay the program’s loans.
MANILA, Jan. 6 — The country’s economy is projected to sustain a robust growth of 6.5 percent this year, slightly lower than the 2013 estimate of 6.75 percent, on the back of buoyant infrastructure investments and stronger consumption, according to a finance firm. “The administration’s main thrust is infrastructure spending […]
This second post covers the year of 2002. Check out how towns, big and small, tumbled down in their rankings as others managed to stay on the top earning money and spending less. It is interesting to note how municipalities “played” with numbers in allocating tax money.
Annual inflation rate in the Bicol Region continued its uptrend in February gaining 0.3 percentage point over the January 2013 level. The year-on-year change came in at 3.4 percent, posting a five-month high in February primarily due to the double-digit spike in the prices of so-called sin products. The latest […]
Naga City, Bicol’s financial, business, educational and religious capital now has a total net worth of over P4.675 billion, making it the richest local government unit (LGU) in the region, according to the Commission on Audit (COA). The City of Ligao, in Albay province, followed far second, with a total […]
To give us a broader and over-all picture of the total annual income of all LGUs, all provinces, all cities and all municipalities, would it be better if they are summed-up by region? So here it is, the table of consolidated income of all LGUs. This post finally closes the presentation on the 2005 income of Philippine towns, cities and provinces.
The regional office of the Bureau of Customs in Bicol disclosed on Monday it was short of P17.4 million in its collection target of P135.2 million during the past three quarters of this year. The agency attributed the shortfall due to the decrease in import duties paid by companies operating […]