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Maasin City posts P 8-M hike in local revenues year-on-year
Posted by Jani Arnaiz, Chief Editor on September 18, 2011, 11:07 pm

By Bong Pedalino

MAASIN CITY, Southern Leyte  -- The government increased its local collections to P8 million from January to July this year, compared with the same period last year,according to Eliseo Costillas, the City Treasurer.

Interviewed over cable TV’s “Action News Center” today, Costillas said the amount represented the cumulative sum coming from various sources like business permits, fees and other charges, and the productive output of the city-initiated economic enterprises, such as the operation of the bus terminal and the slaughterhouse.

City Mayor Maloney Samaco, in news reports over dyDM the past weeks, earlier branded the imminent reduction of the Internal Revenue Allotment (IRA) for next year 2012 as a “financial calamity” for the city of Maasin, as it was estimated that some P 47 million of IRA share would be lost in a double whammy of cuts for the new 16 cities and a directive from the Department of Budget and Management (DBM).

In today’s edition of the “Action News Center”, Samaco assured that the operations of the city-led Maasin City College (MCC) and the upcoming hosting of the Eastern Visayas Regional Athletic Association (EVRAA) Sports Meet slated by the last week of January, 2012, would not be affected even with the expected IRA cuts.

Samaco said the third floor construction of the MCC shall continue, while the improvement for facilities of different schools serving as billeting quarters will continue.

Samaco said there will be no turning back on the EVRAA hosting challenge, as this will serve as an economic catalyst with the presence of some 5,000 to 6,000 visitors coming into the city.

For his part, Treasurer Costillas said his office will be intensifying their collection strategies so as to augment the expected shortage in IRA. Among these are increasing real property tax collections, offering for auction long delinquent real properties, and giving ultimatum to businesses with known arrears to settle their obligations to the city government. (PIA-Southern Leyte/bong)


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