Parañaque sustains revenue growth

The Parañaque City Government under the administration of Mayor Florencio Bernabe, Jr. maintained its good record as it continues to post revenue increase year after year.

In a report to the local chief executive, Parañaque City Treasurer Jesusa Cuneta declared that the tax collection for Calendar Year 2010 reached P2.4B which is equivalent to a 13.5% growth.

From P1.3B in 2005, revenues steadily rose to P1.6B in 2006; P1.8B in 2007; P1.9B in 2008; P2.1B in 2009; and P2,402,083,818.70 in 2010.

The increase in tax collections came even as the city government did NOT raise its taxes. Mayor Jun Bernabe has kept his pledge not to hike RPT during his term of office.

Instead, it implemented infrastructure, health, education, economic and welfare programs and in the process gained the trust and confidence of the community.
Moreover, the city administration adopted citizen and business-friendly measures including City Ordinance No.09-15, an ordinance providing for financial relief through a tax amnesty for a limited period to owners of real properties in the City of Parañaque.

A similar tax relief was offered at the start of Mayor Jun Bernabe’s first term of office in 2004.
“The city administration thanks all the sectors that comprise the community for contributing to the effort to bring continuous growth to the City.

With your sustained support, we will realize our vision of “Parañaque as a prime habitat city and investors’ haven of the Metro South.”, Mayor Bernabe said.

You may also like...