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PIA Press Release
2010/05/25

BIR, Camarines Norte to conduct zonal valuation

by RB Manlangit

Daet, Camarines Norte (25 May) -- The Bureau of Internal Revenue (BIR) District 64 is gearing up for zonal valuations in this province.

BIR Camarines Norte District Officer Marcelino M. Quito said that as a start the agency conducted a series of conference for the sub-technical committee, composed of municipal and provincial assessors and private appraisers.

Quito said that in the meetings the project will prioritize the conduct zonal valuations in the different streets and zones of the different barangays across the province.

He explained that a zonal valuation is an evaluation of value and amount of land in streets, zones in the different barangays, and municipalities in a province.

Another meeting for the final zonal valuations of the sub-technical committee has been set to agree on the amount of land to be followed by a hearing this coming June, he said.

He cited that the final zonal valuations will be submitted to the Regional Technical Committee of the BIR then to the Executive Committee of the BIR, Department of Finance (DOF) for the final approval and a publication to the gazettes before its implementation. (PIA CamNorte) [top]

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