Pangasinan bags two awards for local revenue collection
CAPITOL NEWS
THE Provincial Government of Pangasinan bagged two awards on December 12 last year in Manila for local revenue collection conferred by 2018 Bureau of Local Government Finance (BLGF).
With P1,291,916,089 local government unit (LGU) collection per Statement of Receipts and Expenditures (SRE), the Province of Pangasinan ranked 9th in the revenue generation in the 2018 Total Local Revenue Collection.
In the Pangasinan in Action (Lingguhang Talakayan sa Kapitolyo), Provincial Treasurer Marilou E. Utanes cited the awards received by the Province of Pangasinan as the Top 10 among all provinces in the country, based on the 2018 BLGF Collection Target for Total Local Revenues. The finance bureau cited Pangasinan for attaining 101.37% collection efficiency.
However, the Provincial Treasurer said that the province is still internal revenue allotment-dependent where 90% goes to the IRA and 10% comes from the local taxes. “Nadadagdagan natin ang collection to 18% rather than 10% so far kaya ang local revenues natin ay nag-iincrease,” she said.
Moreover, Utanes stated that the Provincial Government of Pangasinan led by Governor Amado I. Espino III will continue to aim for higher revenue collection for the future projects and programs of the province.
It can be noted that the collected revenue will fund the projects and programs of the provincial government.
“The PTO has instituted innovative programs and developmental measures where we focus on revenue setting and tri-media campaigns,” said Utanes.
In line with this, Utanes urged Pangasinenses to pay their respective real property tax on or before March 31 to avail the 20% discount on RPT.
Meanwhile, Provincial Assessor OIC Loida Alamar mentioned that the Provincial Assessor’s Office (PAssO) is evaluating to increase the real property tax (RPT) in Pangasinan.
“The assessor’s office is updating the schedule of values because it is our mandate to prepare the schedule of fair market values for lands and unit construction cost for the building,” said Provincial Assessor OIC Loida Alamar.
Alamar stated the the Bureau of Local Government Finance (BLGF) will consider the constituents and general public in the increasing of the RPT.
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