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.
Positioned in rank #1 is Albay province’s premiere town of Daraga with annual income of P108,615,847. Daet, the capital town of Camarines Norte earned P79,165,000 and ranked 2nd. Another town of Camarines Norte, Labo, had annual earnings of P78,378,000 and ranked 3rd. Big town Libmanan of Camarines Sur with earnings of P71,331,958 was ranked 4rth.
There is no stumbling block on the surge of Camarines Norte’s capital of Daet to the top of regional ranking by income of Bicol municipalities for the year 2005. Albay province’s top earner Daraga did not even take the second spot and was relegated to number 3. LGU Labo (again, of Camarines Norte) ranked second.
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 — 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 […]
Not yet in and yet, the choice technocrats of the incoming Duterte regime are quick to sound off that the European phenomenon called BREXIT, the departure of the United Kingdom (also known as Great Britain) from the European Union will have no effect on the local economy. While many countries […]
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 […]
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 […]
Bicol has the highest underemployment rate among the regions in the country, according to the latest survey conducted by the National Statistics Office. About 33.5 per cent of workers or employees express the desire to have additional hours of work in their present job or to have additional job, or […]
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 […]
When a push become a shove into identifying and funding government projects, what matters most? Before the onset of the official campaign period of the midterm elections, the second engineering district office of the Department of Public Works and Highways in Camarines Sur started a road project in Calabanga. A […]
The city of Quezon has a land area of 166.20 square km. or 64.2 square miles with a population of 2,679,450 or a density of 16,114/km2 (41,735/sq mi). It is roughly the size of the municipality of Calabanga (163.84 sq. km.) in terms of land area.
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.
Even with the impending eruption of Mayon volcano, there are tell tale signs that disaster tourism has positive economic benefits to the province of Albay and Legazpi city. The national government thru its various national agencies are pouring millions of pesos as ready funds to finance expenditures and purchases of […]
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.
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 […]
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 […]