Dagupan City revenues surpass 2017 targets

By January 2, 2018Business, News

MARKET collections as well as collections from building permit fees of the Dagupan City government from January to November this year have increased.

According to Aguedo Sta. Maria, head of the city market division, collections in the  city market went up to P67 million, so far the biggest revenue intake of his office in years.

He said the month-long city fiesta that perked up business activities in Dagupan will likely further increase revenue collections to an unprecedented level.

Sta. Maria attributed the increase in collections to the suggestion of Mayor Belen Fernandez that collection desks be set up in Malimgas I, Malimgas II (Makong) Galvan and Magsaysay where stallholders could conveniently pay their rentals.

He said collections in the past administrations were not even enough to pay the quarterly amortization to the P280 million loan obtained by the city for the market’s construction.

Under the new city revenue code promulgated by the Fernandez administration, a stall owner who fails to pay his rental over 90 days is considered delinquent and is evicted

Meanwhile, City Budget Officer Luz de Guzman said the P280 million, including its interests, will finally be fully paid by the first quarter of next year (2018).

The city engineer’s office also reported increase in its collections from building permit fees by almost 300 percent from last year’s.

City Engineer Virginia Rosario said her office collected P40 million from building permits surpassing the P12 million target this year,

She said this was due to the strict enforcement of the national building code. (Leonardo Micua)

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