Recently in the City of Muntinlupa, the Bureau of Local Government Finance under the Department of Finance (DOF) revealed that the revenues of the City Government reached P4.63 billion for the year 2023, according to a Manila Bulletin news report.
To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…
The Muntinlupa City government earned P4.63 in revenues in 2023 to rank ninth among local government units in the National Capital Region (NCR).
The Bureau of Local Government Finance under the Department of Finance released the revenue data for NCR.
Muntinlupa generated P4.63 billion in revenue last year, marking a 13 percent increase in its Annual Revenue Income (ARI) from 2022.
“We are in a crucial period of pandemic recovery. The significant growth in our revenue is a positive sign that our economy is on the right track. This growth enables us to enhance public services and better support our community,” said Mayor Ruffy Biazon.
He added, “We assure our constituents that every centavo is judiciously used to enhance social services and improve the quality of life for all Muntinlupeños.”
Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, do you find the 2023 revenue surprising? Do you think the City Government is doing a good job financially?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
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