Local News

Iloilo City Highest Revenue Generator in Western Visayas

Just recently, the Iloilo City Government shared via a Facebook post that the City of Love was hailed the highest revenue generator in Western Visayas. The city government was able to consolidate the amount of Php 2.2 billion from real property tax, business tax, fees and charges from the economic enterprise.

“Iloilo City Government was recognized for generating the highest revenue from the highly urbanized cities category with the absolute amount value of P2,287,368,590.62 from Real Property Tax, Business Tax, Fees & Charges, and Receipts from Economic Enterprise, thus contributing 18.99% on the total local revenue of Region VI for Calendar year 2018,” Iloilo City Government in a Facebook post.

The City Treasurer’s Office was lauded as 2nd Most Outstanding Performance in the Valuation of Real Properties. The office, under the leadership of Mr. Jinny C. Hermano, obtained the highest performance rating of 182.87% under the category of cities in Region VI.

The awards were given by the Department of Finance, Bureau of Local Government Finance VI, and the Regional Associations of Treasurers and Assessors in Region VI, Inc during the 4th Quarter and Year-End Planning Conference-Workshop of Provincial/City and Municipal Assessors and Treasurers, last December 3 in Bacolod.

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