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.
For the fiscal year of 2004, 48 Bicol towns out of 107 earned an income of P37M or more which totalled P2,478,990,989 out of the regional earnings of P3,951,780,429. Of these local government units, twenty breached the P50M yearly income while the reamaining 28 municipalities earned between P35 but less than P50M.
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 […]
The news that the Philippines has overtaken India in the number of new hires in the call center industry has prompted a labor education NGO recently to warn industry stakeholders and the government against risking its workers’ welfare for the sake of such boom, or the projected boom up to 2016.
The government through the social welfare department is funding reconstruction and rehabilitation of damaged residential units in identified barangays of San Jose town of Camarines Sur amounting to P6.7 million. The local municipal government in turn, will contribute a counterpart sum of P750,000 for the same endeavor. The targeted beneficiaries […]
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.
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.
For the fiscal year of 2006, 33 out of 107 Bicol municipal LGUs earned an income over and above the P50M mark. Camarines Norte capital town of Daet topped with an annual income of P158M followed by Albay’s premier town of Daraga. CamSur’s Pili earned P77M to place 6th. Catanduanes capital of Virac earned P65M for the 17th.
Presented here is a short discussion on how the seven Bicol city local government units prioritized expenditures for the welfare of its constituents. Like the provincial LGUs, selected were five current operating expenditures which ate up much of the operating income of, and by comparison with, all seven city local […]
On this post, we check out changes and performance of Camsur towns’ earnings and expenditures for 2003. 13 towns earned beyond P35M. Libmanan maintained its hold on the 1st rank followed by capital town Pili, then Buhi (from 5th on 2002). Calabanga stayed on 4rth. Tinambac has a “carry-over data” from 2002, at 6th.
MANILA — There will be no new tax imposition this year. This assurance came from Malacanang reassuring the public that there will be no new tax policy to be imposed by the government in 2014. A palace deputy presidential spokesperson instead said the Aquino administration will continue to focus on […]
Experiences show PPPs did not guarantee savings for the government but even bloated the public debt. And it can only get worse under the Aquino government’s new schemes for more of PPPs.
The new airport in Daraga town of Albay, otherwise referred to as the southern Luzon international airport, is Bicol’s share in the PPP project being initiated by the PH government. Funding for its construction and completion will be sourced thru the new initiative.
We are bound in some specific ways with generally accepted standards and norms in our daily lives. So with government and industry transactions and liaisons are done in standards that will facilitate and ease the orderly and non-confusing conduct of business.
NAGA CITY -– National Irrigation Administration announced that on September 1st, engineer William Ragodon, the regional manager based in the city of Naga, was being replaced with a new one. The personnel reshuffle is instituted by the NIA board of directors headed by its new chairperson, former senator now head […]
After the state volcanology institute Phivolcs raised alert level 3 pertaining to Mayon’s restiveness, the government starts piling millions of pesos in current and projected expenses beginning from the day residents were hauled from the affected areas to the evacuation sites in Albay. So now, governor Joey Salceda has announced […]
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 […]