Province vows to increase local revenue collection


The provincial government of Palawan has vowed to increase its local revenue generation from real property taxation and income generating enterprises and veer away from over-reliance on its Internal Revenue Allocation coming from the national government to finance its development agenda.

Provincial Treasurer Elino Mondragon noted that their collection from gravel and sand extraction, as part of the local sources of fund, has recorded an increase reaching to around P110 million after the Provincial Mining and Regulatory Board (PMRB) set higher fees from the extraction of aggregates.

Mondragon said that the province needs to meet the 40% per annum collection from local sources to be self-sustaining, a task which according to him is difficult to achieve this time.

At present, around 10% to 12% of the annual budget are coming from local sources while the rest are still dependent on the Internal Revenue Allotment (IRA) and external sources of funds such share from the national wealth.

“The national government is pushing na dapat hindi dependent sa IRA (Internal Revenue Allotment) ang LGU. Highly dependent pa rin tayo sa ngayon IRA,” Mondragon said.

This year’s IRA amounts to P2,372,000.00 a little higher compared to last year which was around P2.1 million.

In 2018, the provincial government has fixed the budget at P P2,698,430,061.00  divided into general public services, social services and economic services.

General services cover offices in the provincial government like Treasury, Accounting including the Office of the Governor. Social services are offices focusing on providing social services like DSWD  while economic services cover infrastructure and income generating offices.

The general public services component of 2018 got a big share amounting to 1,160,737,000.00, social services amounts to P1,080,374,000.00 while the economic services only amount to P457,317,000.00.

Mondragon said that revenue from gas has been consistently high compared to mining.  Last year the province got a P26M share from the Galoc Oil Project in northwest Palawan while mining has paid P7 million.

You may also like...

41 Comments

  1. Sweet blog! I found it while searching on Yahoo News. Do you have any tips on how to get listed in Yahoo News? I’ve been trying for a while but I never seem to get there! Appreciate it

  2. There are definitely a variety of particulars like that to take into consideration. That may be a nice point to bring up. I supply the thoughts above as basic inspiration but clearly there are questions just like the one you bring up the place a very powerful factor will be working in honest good faith. I don?t know if finest practices have emerged round things like that, however I’m certain that your job is clearly identified as a good game. Each boys and girls really feel the affect of just a second’s pleasure, for the remainder of their lives.

  3. This is a new list for today. I’m sorry about the last two lists. You may find some proxies not working the way they should. There was also duplicates in the list. I’m still learning about free public proxies. I hope you can make good use out of this list.

  4. Someone necessarily help to make severely posts I might state. That is the first time I frequented your website page and thus far? I surprised with the research you made to make this actual put up extraordinary. Fantastic task!

  5. I?¦m now not certain where you are getting your information, however good topic. I must spend some time learning much more or working out more. Thank you for fantastic info I used to be on the lookout for this information for my mission.

  6. Great blog here! Also your site loads up fast! What host are you using? Can I get your affiliate link to your host? I wish my web site loaded up as quickly as yours lol

  7. Thank you for every other wonderful article. Where else may anybody get that type of information in such a perfect method of writing? I’ve a presentation next week, and I’m on the search for such info.

  8. Here’s a new list of free proxies. All you need to do is load them into your SEO tools. Thanks for visiting my site. I hope you’re having a great Monday!

  9. It’s really a great and useful piece of info. I’m glad that you shared this helpful info with us. Please keep us up to date like this. Thank you for sharing.

  10. Hi , I do believe this is an excellent blog. I stumbled upon it on Yahoo , i will come back once again. Money and freedom is the best way to change, may you be rich and help other people.

  11. Thank you for another great article. Where else could anybody get that type of information in such a perfect way of writing? I have a presentation next week, and I am on the look for such info.

  12. Some days you just need to kick back and relax. You can do a whole lot of that by visiting http://www.camgirl.pw There are plenty of hot babes to keep you occupied. Have yourself a good time and don’t forget to make a friend or two.

  13. You’re not going to be able to take your eyes off of these babes. Each and every one of these girls are super hot. This is the one site where you can have an unlimited amount of fun. That site is http://www.camgirl.pw and you’re going to want to bookmark it.

  14. Hello! Would you mind if I share your blog with my myspace group? There’s a lot of people that I think would really appreciate your content. Please let me know. Many thanks

  15. An attention-grabbing dialogue is value comment. I believe that you should write more on this subject, it may not be a taboo subject however typically people are not sufficient to speak on such topics. To the next. Cheers

  16. I loved up to you will receive performed right here. The caricature is attractive, your authored subject matter stylish. nevertheless, you command get bought an shakiness over that you would like be handing over the following. unwell for sure come further formerly again since precisely the same nearly a lot frequently inside case you protect this hike.

Add a Comment

Your email address will not be published.