PIA Press Release
Friday, January 13, 2012
Mt. Province SP supports proposal to increase IRA of local govt unitsby Juliet Saley
BONTOC, Mt. Province, Jan. 13 (PIA) -– The Sangguniang Panlalawigan(SP) here passed a resolution strongly supporting the proposal of Batangas Congressman Hermilando I. Mandanas for a P500 Billion increase in the Internal Revenue Allotment (IRA) of local government units (LGUs) for 2012.
The SP stated in its resolution that it is but proper that LGUs throughout the country obtain their just share from the 2012 IRA so as the basic services for the deprived municipalities and provinces will be addressed and attended to.
The SP was informed of Mandanas’ proposal through Resolution No. 449, S. 2011 of the Sangguniang Panlalawigan of Marinduque strongly supporting the proposal of the congressman and urging all other local government units in the country to support the same.
It is mentioned in the Marinduque SP resolution that the LGUs have 40-percent share from the total taxes collected by the national government, including value- added tax, excise tax and documentary stamp tax. However, in an inquiry and study conducted by Congressman Mandanas, it revealed that the LGUs are not getting their share since 1992.
Since 1992, the LGUs have been deprived of their respective share in national internal revenue taxes amounting to no less than P500 billion, it added.
The resolution also mentioned that with the additional P500 Billion, LGUs will be able to expedite the delivery of long delayed and urgently needed basic services, it will help create jobs, stimulate the economy, and enable the implementation of the public-private partnership programs nationwide.(JDP/JBS-PIA CAR, Mt. Province)