LOCAL REVENUE FORECAST AND RESOURCE MOBILIZATION STRATEGY

(LGU)

Target Increase Resources Required

Income FY 2020 (in %)
Local Sources Strategies to Increase Local Revenue Timeframe Responsible Office/Unit
(Baseline) Capacity Building
FY 2022 FY 2023 FY 2024 Staffing Requirements Funding
[1] [2] [3] [4] [5] [6] [7]
TAXES:
Real Property Tax 110,316,621.45 5% 5% 5% 1. Massive information dissemination Within a 1. Prov'l. Treasurer's Office 15 1. Bond papers 100,000.00
115,832,452.52 121,624,075.15 127,705,278.91 drive/tax campaign (Bandilyo and Pulong- year 2. Prov'l. Budget Office 2. Tarpaulin
pulong) 3. Provincial Accounting 3. Flashdrives/
2. Send tax bill and demand letters to real Office External Drives
property owners. 4. Prov'l. Assessor's Office 4. Computers/
3. Strengthen monitoring system on Laptops
revenues collected at the municipal level 5. Printers
4. Continue Capacity Development of 6. Other misc.
Treasury Personnel involve in Revenue expenses
Generation.
5. Province-wide implementation of iTAX
System
6. Conduct annual ocular inspection of
real properties.
7. Conduct Public Auction of Delinquent
Real Propertiest 8.
Sending of Demand Letters to all
Municipal Treasurers with regards to
updating of their remitances due to the
province.

Business Tax 11,861,365.10 5% 5% 5% 1. Regular examination of Book of Within a 1. Prov'l. Treasurer's Office 1. Book of 40,000.00
12,454,433.36 13,077,155.02 13,731,012.77 Accounts. year Accounts
2. Send tax bill and demand letters to 2. Bond papers
franchise business entities. 3. Tarpaulin
3. Conduct checkpoint on all delivery 4. Stickers
trucks and vans of business owners. 5. Other misc.
expenses

Other Taxes (Prof. 41,376,049.24 5% 5% 5% 1. Prov'l. Treasurer's Office Non-required

Tax, RP Transfer Tax, 2. Prov'l. Assessor's Office
Others)
Other Taxes (Prof. 41,376,049.24 1. Prov'l. Treasurer's Office Non-required
Tax, RP Transfer Tax, 43,444,851.70 45,617,094.29 47,897,949.00 2. Prov'l. Assessor's Office
Others)

Regulatory Fees 3,674,117.50 5% 5% 5% 1. Prov'l. Treasurer's Office Non-required

(Permits and 2. Prov'l. Envi. And Natural
Licenses) 3,857,823.38 4,050,714.54 4,253,250.27 Resources Office

Service/User Charges 454,288,849.48 5% 5% 5% 1. Prov'l. Treasurer's Office Non-required

(Service Income) 477,003,291.95 500,853,456.55 525,896,129.38 2. Prov'l. Heath Office

Income from
Economic Enterprise
(Business Income)

Other Receipts (Other 41,376,049.24 5% 5% 5% 1. Prov'l. Treasurer's Office Non-required

Gen. Income: Interest 43,444,851.70 45,617,094.29 47,897,949.00 2. Prov'l. Accounting Office
Income, Misc.)

Prepared by: Reviewed by: Approved by:

Municipal Treasurer Chair., Local Finance Committee LCF

Date: July 29, 2021 Date Date
 2017 2018 2019 2020 2021 AS OF June % INC 2017-2018 % INC 2018-2019 % INC 2019-2020

RPT 82,373,549.92 105,037,602.43 118,208,401.18 110,316,621.45 98,110,056.30 27.51 12.54 -6.68

TAX ON BUS 28,554,313.43 13,808,656.16 14,674,629.26 11,861,365.10 8,255,136.88 -51.64 6.27 -19.17
OTHER TAXES 10,769,194.54 4,025,889.96 2,934,430.07 3,014,957.04 2,183,087.56 -62.62 -27.11 2.74
REG FEES 488,461,758.62 1,002,606.56 530,285.38 674,117.50 563,278.75 -99.79 -47.11 27.12

SERVICE CHARGE 801,836.19 543,090,953.48 415,044,469.55 454,288,849.48 122,861,726.65 67630.91 -23.58 9.46

EE 461,577,202.71
OTHER RECEIPTS 13,305,746.80 14,427,012.77 27,202,479.32 41,376,049.24 14,894,215.29 8.43 88.55 52.10
% INC 2020-2021

-11.07

-30.40
-27.59
-16.44

-72.96
-64.00