LGU-Tacurong City’s tax and non-tax collection efficiency reached 106.4% for FY 2014, the City Treasurer’s Office (CTO) said.
The CTO actual collection amounted to P82.9 million, greater than the target collection of P77.9 million.
Of the P82.9 million total collections, 31.5 million pesos are tax revenues. On the other hand, non-tax revenue collection amounted to P51.4 million.
Tax revenues include real property tax and business and other taxes while non-tax revenues include regulatory fees, service or user charges, and receipts from economic enterprises and other fees.
By achieving, and even exceeding the collection target, the city government will be able to sustain its operational expenditures on its programs and projects.
“Nagpapasalamat ang CTO sa lahat ng opisinang tumutulong sa revenue collection at enforcement,” said City Treasurer Jessie Batchar. (LGU-Tacurong City Information)