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.
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.
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.
They are the cream of an elite group unto themselves. If they are human, they could be living “la vida loca.” But since they are neither, then they could be comparable to virtual money machines, search engine optimized, sucks every single centavo that comes near their sphere.
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 […]
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 […]
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.
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.
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.
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 […]
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 […]
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 […]
The Social Weather Station survey from March 4 to 7, from sample respondents of 1,200, revealed that 20.5 percent of respondents or about 4.1 million families say they went hungry at least once in the past three months.
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.
The short discussion here will delve on the “External Sources” of income by the provincial local governments. That is specifically referring to the LGU share in (1) Internal Revenue Allotment, (2) other shares from the National Tax collections, (3) inter-local transfer, (4) and extraordinary receipts, grants donations and aids. The […]
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 […]
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 Philippines will receive a hefty financial package from the World Bank amounting to US$508 million (P22.4 billion) earmarked for infrastructure, business and livelihood assistance, which can help over two million farmers and fishermen secure a higher income in the next six years. More than 70 percent of the fund […]
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.