Treasurer’s Office

MANDATE: Take custody of and exercise proper management of the funds of the local government unit concerned

Take charge of the disbursement of all local government funds and such other funds the custody of which may be entrusted to him by law or other competent authority.

Inspect private commercial and industrial establishments within the jurisdiction of the local government unit concerned in relation to the implementation of tax ordinances, pursuant to the provisions under Book II of this code;

Maintain and update the tax information system of the local government unit

VISION:         A competent and progressive organization for fiscal administration particularly in the collection, custody and disbursement of funds, with accountable, honest, competent and friendly staff to support the Local Government achieve its financial goals

MISSION:  To generate Revenues thru efficient collection of taxes, fees, and charges accruing to the local government in accordance with existing laws & ordinances, custody & exercise proper management of funds in order to sustain and  maintain the financial needs of the town and its progress as well.

INTERNAL SOURCES GENERAL FUND COLLECTION GROWTH

Comparative year 2017 and 2016

PARTICULARS 2017 2016 GROWTH RATE
REAL PROPERTY TAX Municipal Share (Basic only) 2,763,834.48 2,518,852.02 9.72%
BUSINESS & OTHER LOCAL TAXES 13,407,393.11 10,859,743.90 23.45%
FEES AND CHARGES 12,859,107.96 10,377,791.80 23%
ECONOMIC ENTERPRISE 11,303,230.50 13,019,097.70 -13.17%
TOTAL 40,333,566.05 36,775,485.42 9%

Below is the 5-year comparative data for Income and Expenditures. It is noted that there is an increasing trend in the total income and expenditures.

2017 2016 2015 2014 2013
Total Income 173,340,286.78 159,193,292.03 143,578,659.40 129,478,178.43 116,669,493.45
Total Expenditures 123,154,666.06 117,457,031.54 117,517,582.40 101,771,101.77 110,810,412.74

Growth on income and expenditures are as follows:

  1. Local Revenue and Income by Source

The table below shows the Local Revenue and Receipts by Source, i.e. Local Sources and the External Sources.

2017 2016 2015 2014 2013
TAX REVENUE          
  Real Property Tax (Basic & SEF) 6,218,799.92 6,081,698.61 5,772,820.14 5,305,297.32 5,813,166.16
  Tax on Business 12,181,058.88 9,967,279.18 7,906,420.86 7,078,076.82 7,061,670.17
  Other Taxes 812,743.46 774,093.07 733,350.42 712,549.43 741,119.28
NON-TAX REVENUE          
  Regulatory Fees (Permit and Licenses) 9,104,381.46 7,660,275.30 6,590,914.56 8,219,979.23 5,351,485.68
  Service/User Charges (Service Income) 3,754,726.50 2,717,516.50 3,222,329.50 2,508,307.50 2,518,078.00
  Income from Economic Enterprises (Business Income) 11,303,230.50 13,019,097.75 11,514,868.75 11,464,541.01 11,779,459.35
  Other Receipts (Other General Income) 349,862.57 207,606.48 113,660.55 60,377.69 26,751.53
TOTAL LOCAL SOURCES 43,571,349.10 40,427,566.89 35,854,364.78 35,349,129.00 33,291,730.17
EXTERNAL SOURCES          
  Internal Revenue Allotment 132,943,582.00 118,244,395.00  107,314,488.00 93,799,282.00 83,127,360.00
  Other Shares from National Tax Collections 295,141.14 362,729.14           227,689.62 280,267.43 130,237.93
Capital Investment Receipts    
  Collection of Loans Receivables 158,601.00           182,117.00 49,500.00 120,165.35
TOTAL EXTERNAL SOURCES 133,238,723.14 118,765,725.14   107,724,294.62 94,129,049.43 83,377,763.28
GRAND TOTAL 176,810,072.24 159,193,292.03 143,578,659.40 129,478,178.43 116,669,493.45

Annual Growth Rate of Revenues and Receipts by Sources

Table below clearly show the growth rate for the last five (5) years indicating an increasing trend.

LGU TARGET VS. ACTUAL COLLECTIONS

  1. REAL PROPERTY TAX ( Municipal Share – Basic and SEF )

For the 5 year comparison of actual collection vs. estimates, there is a 63% collection efficiency for year 2013, 76% collection efficiency for year 2014, 85% collection efficiency for year 2015, 87% collection efficiency for year 2016 and 89% for year year 2017.

  1. Business tax and Other Local Taxes

For the 5 year comparison of actual collection vs. estimates, there is 65% collection efficiency for year 2013, 100% collection efficiency for year 2014, 67% collection efficiency for year 2015, 87% collection efficiency for year 2016 and 87% collection efficiency for year 2017.

 Fees and Charges

For the 5 year comparison of actual collection vs. estimates, there is 79% collection efficiency for year 2013, 101% collection efficiency for year 2014, 67% collection efficiency for year 2015,  85% collection efficiency for year 2016 and 90% collection efficiency for year 2017.

 ECONOMIC ENTERPRISE

 For the 5 year comparison of actual collection vs. estimates, there is 84% collection efficiency in year 2012, 74% collection efficiency for year 2013, 77% collection efficiency for year 2014, 78%collection efficiency for year 2015, 85% collection efficiency for year 2016 and 70% collection efficiency for year 2017. The decrease is caused by windfall collection of delinquent accounts in year 2016 and the unimplemented hollow block making project.

 LGU internal sources collection of Php 40,101,563.64 compared of last years’ collection of 36,775,485.42 or an increase of 3,326,078.22 or a collection growth on internal sources of 9.04%