BLGF cites Camarines Norte on local revenue generation
by RB Manlangit
Camarines Norte (10 February) -- The provincial government here received a Certificate of Achievement for placing second among the second class provinces in the country in terms of revenue generation from locally sourced income in 2006.
The provincial government was cited by the Bureau of Local Government Finance (BLGF) in its publication of statement of income and expenditure of the local governments.
Camarines Norte Gov. Jesus O. Typoco, Jr. meanwhile said that the province is now less dependent on the Internal Revenue Allotment (IRA) compared to other provinces in the Bicol region.
He said that the "Certificate of Achievement" is in recognition of the province's outstanding accomplishment in revenue generation from locally sourced income since 2006.
Typoco noted the increase in the local government income is attributed to the intensified tax collection campaigns being undertaken by the local governments and the growing economic activities in the province.
The Provincial Treasurer Office and Provincial Assessor Office also received their respective Certificate of Achievement during the 1st Quarter Conference of the Regional Association of Treasurers and Assessors (REGATA) last February in Sorsogon City. (PIA Camarines Norte) [top]