The Iloilo City Government surpassed its 2023 revenue collection target set by the Bureau of Local Government Finance (BLGF), achieving a 113 percent collection efficiency and earning recognition as the top-performing highly urbanized city in Western Visayas.
Through its assessor and treasurer’s offices, Iloilo City collected P2.43 billion in locally sourced revenues, surpassing the BLGF target of P2.144 billion.
The revenue came from real property taxes (RPT), business taxes, fees and charges, and economic enterprises.
“We exceeded because we embarked on intensive assessment and collection. Some delinquents updated their payment, and we also have an amnesty,” said City Assessor Cesar Z. Jalbuena Jr., on Thursday.
Key collections included P1.178 billion in RPT, P981.13 million in business taxes, P190.20 million in fees, and P86.09 million in economic enterprise income — all exceeding targets.
Mayor Jerry Treñas credited the surplus to assessing new properties and developments.
For the first time, the city government has funds for the Collective Negotiations Agreement (CNA), enabling city hall employees to receive a maximum PHP30,000 incentive, with additional allowances pending presidential approval.
The city received accolades during the BLGF Regional Awards in Boracay and presented the achievement at its Dec. 9 flag-raising ceremony.Perla Lena/PNA
