Tag: collection efficiency

Muntinlupa City Government collected P6.4 billion revenue in 2023

Muntinlupa City Government collected P6.4 billion revenue in 2023

carlocarrasco

Recently in the progressive City of Muntinlupa, the City Government of Muntinlupa announced that its total revenue collected in 2023 reached P6.4 billion which is an improvement of over 3% over the 2022 revenue, according to a Manila Bulletin news report.

To put things in perspective, posted below is an excerpt from the news report of the Manila Bulletin. Some parts in boldface…

The Muntinlupa City government collected P6.4 billion revenue in 2023, translating to a higher collection efficiency rating.

According to the City Treasurer’s Office, the P6.4 billion revenue is higher by P200 million compared to P6.2 billion collected in 2022.

The 2023 revenue translated to a 100.98 percent collection efficiency rating for the Muntinlupa City government.

City Treasurer Erwin Vibora said the higher revenue was realized through the strict implementation of local taxation and fiscal policies.

“The strategies used by the City Treasurer’s Office – Muntinlupa City to meet or exceed the targeted income is through strict implementation of local taxation and fiscal matters of the Local Government Code or Republic Act No. 7160 and the Revenue Code of Muntinlupa, following the policy and guidelines of Local Treasury Operations Manual (LTOM) of the Department of Finance – Bureau of Local Government Finance, existing laws and ordinances,” said Vibora in his report.

He said offices that achieved high revenues for the city government are: Business Permits and Licensing Office (BPLO) – P2.4 billion, City Treasurer’s Office – P2.3 billion, Colegio de Muntinlupa – P108 million, City Engineering Office / City Building Office – P57.5 million, and City Zoning Office – P34.2 million.

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, are you delighted with the higher revenue collected by the City Government for the year 2023? Do you consider Muntinlupa’s City Government to be transparent with regards to collections and financial transactions?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Muntinlupa City finishes 8th among cities nationwide in collection efficiency of local revenues for 2021

Muntinlupa City finishes 8th among cities nationwide in collection efficiency of local revenues for 2021

carlocarrasco

The City Government of Muntinlupa just added a new achievement to its record as it finished 8th among the many cities of the nation with regards to collection efficiency of local revenues for the year 2021, the Manila Bulletin reported.

To put things in perspective, posted below is the excerpt from the Manila Bulletin news report. Some parts in boldface…

The Muntinlupa City government took eighth place among cities in the Philippines in collection efficiency of local revenues in 2021.

The Bureau of Local Government Finance (BLGF) under the Department of Finance (DOF) announced the top performing provinces, cities, and municipalities based on locally sourced revenues (LSRs).

LSRs “are collections generated by LGUs [local government units] from real property tax, tax on business, other taxes, regulatory fees, service/user charges, and receipts from economic enterprises,” according to the BLGF.

“External Sources, on the other hand, are from Internal Revenue Allotment (IRA), other shares from national tax collection, inter-local transfer and extraordinary receipts/grants/donations/aids while other receipts include interest income and miscellaneous income,” according to the bureau.

Based on collection efficiency of LSRs, Muntinlupa LGU recorded a collection rate of 129.8 percent when its LSRs in 2021 totaled P3.728 billion, exceeding the target of P2.871 billion.

“Congratulations, Muntinlupa City! With a collection efficiency of 129.8%, Muntinlupa City is Top 8 in Collection Efficiency of Locally Sourced Revenues Nationwide for fiscal year 2021,” Muntinlupa Mayor Ruffy Biazon posted on Facebook.

The top 10 cities in collection efficiency of LSRs are Urdaneta City in Pangasinan, Taguig, Dasmarinas in Cavite, San Pedro in Laguna, Valenzuela, Roxas City in Capiz, Lapu-Lapu in Cebu, Muntinlupa, Cagayan de Oro City, and San Juan.

Let me end this piece by asking you readers: If you are a Muntinlupa City resident, what is your reaction to this recent development? Are you feeling happy knowing that collection efficiency by the City Government has been very good?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

+++++

Thank you for reading. If you find this article engaging, please click the like button below and also please consider sharing this article to others. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. If you want to support my website, please consider making a donation. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/and on Instagram athttps://www.instagram.com/authorcarlocarrasco/.

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673