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.
One of the fastest growing city in terms of annual income and population of PH and the only one in the province of Rizal, Antipolo is one LGU that effectively host a mix of residential, commercial and industrial use. The city center overflows with devotees on Sundays and Holy days that city streets are devoted to foot traffic. One of the pitfall effect of urbanization which could be solved with effective planning.
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.
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) […]
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.
Through PPP projects, many crucial responsibilities of the government are being transferred to profit-oriented private corporations and banks, particularly the development and operation of core infrastructure such as roads and mass transportation network, power generation, and water supply and distribution, among others.
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.
The government has launched a website that allows the public to monitor the status of foreign aid for relief operations in super typhoon Yolanda-hit areas. Department of Budget and Management Undersecretary and Chief Information Officer Richard Moya said the initiative, called Foreign Aid Transparency Hub (FAiTH), may be accessed through […]
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.
LEGAZPI CITY — Unknown to the 250,000 power consumers in Albay, the National Electric Administration has filed for a power rate increase in anticipation of the final takeover of the San Miguel Corp. of the operation of its recently acquired bankrupt electric cooperative of the province, according to documents obtained […]
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.
In the year 2005, another classification took effect. Municipalities earning P50M or more are now classified as 1st class; P40M or more but less than P50M are 2nd class; P30M or more but less than P40M are 3rd Class; P20M or more but less than P30M are 4rth Class; P10M or more but less than P20M are 5th class; and, Below P10M are 6th class.
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 […]
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 […]
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.
The big, influential businesses accumulate profits and get the government’s favorable attention much of the time. On the other side are hapless workers literally wrapped in the palms of big business, choking. Already, they howl and scream on the city streets yet get the caressing water guns of the government. Hence, workers are warped into a time very much comparable when there exist no justice for all but for the people wtih deep pockets and capital.
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 […]