TACLOBAN CITY– The City Treasurer’s Office (CTO) here expressed confidence that it would be able to surpass its over P1.7 billion collection goal this year.
Jennifer S. Guy, the acting city treasurer, alluded to this in an interview with the City Information Office.
Guy stated that the city government’s goal income collection for this year of P1,759,990,076 has already been exceeded by more than half, or 57.30 percent, in the first and second quarters.
The majority of the collected revenue in the last two quarters came from “local sources,” such as real property and business taxes, and economic enterprise, which includes the market, slaughterhouse, and terminal collections, which amounted to more than P412 million as of June 2023.
This is nearly P59 million more than the same period last year, which posted a P 353,352,705.67 collection.
The CTO sees this as an indication that local businesses and enterprises are gradually recovering from the effects of the pandemic and as a result of the innovations introduced by the city government for revenue collection efficiency, such as the streamlining of business processes and the digitalization of tax payment and collections.
Recently, the CTO, in coordination with the City Management Information Systems Office, implemented a cashless system of rental payments at the Tacloban City Supermarket to avoid pilferage and enhance its collection system.