The Iloilo City Local Economic Enterprise Office (LEEO) posted a total collection of P8.1 million, higher by P1.3 million than its P6.7-million target income for the January-May period.
Topping the list of revenue-generating facilities is the City Slaughterhouse in Barangay Tacas, Jaro, which collected P3.4 million, P1.7 million higher than its P1.6-million target.
The Iloilo Terminal Market collected P1.4 million, up by P286 thousand from its target of P1.1 million.
The Iloilo Central Market collected P629 thousand from its P668-thousand target.
These three facilities got the highest collections.
Mayor Jerry Treñas commended city government employees for their collective efforts towards effective and efficient management, despite the challenges caused by ongoing construction works on the development of all district markets.
LEEO head Maricel Mabaquiao attributed the accomplishments to the hard work of the market in-charge and collectors in ensuring the attainment of monthly targets for rentals, entrance of goods, and other fees.
They manage the major public markets, including Central and Terminal or Super in City Proper, Jaro Big and Small, Arevalo, La Paz, and Mandurriao, and Slaughterhouse.
The rehabilitation is being implemented to upgrade the infrastructure and facilities to better serve the needs of the buying public and vendors.
Modern markets are expected to create better services and convenience for consumers, including parking spaces and clean facilities, help micro and small businesses, and promote economic and tourism potential.
Temporary stalls have also ensured the continuity of economic activities.Iloilo City PIO
