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PIA Press Release

Davao City sources P3.2-B budget from taxes, IRA

by Prix D Banzon

Davao City (6 November) -- The city government of Davao will source out its P3.2 billion budget for 2009 both from tax revenues and the internal revenue allotment (IRA).

City administrator Atty. Wendel Avisado said local sources that includes tax revenues, fees, permits and licenses and business and service income would amount to about P1.027 billion and the IRA of P1.9 billion would form part of the annual city budget.

An additional P73 million will be generated from its Economic Enterprise comprising of receipts from the following: markets, P47.1M, slaughterhouse, P12M, Davao City Overland Transport Terminal, P12 M, Sta. Ana Port, P2M, cemeteries, P1.560 M, and income from DCRC, P420,000.

Avisado said the budget year's estimated receipts reflects a 7.6 percent increase or P227,760,120 as compared with the CY 2008 Annual Budget of P2,972,270,861.

He said the City's Tax Revenue, specifically the Business Tax and Real Property Tax are the two income sources which contributed much to the increase in the CY 2009 receipts namely, P52-M increase from Business Tax and P36 M from Real Property Tax.

Meanwhile as comparison between local sources is concerned, he said that the tax revenues of P1, 027,500,000 are the biggest with 79.27 percent.

He said Fees, Permits and License Income comes second with 9.70 percent, the Economic Enterprise with 5.80 percent and the Business and Service Income with 5.24 percent contribution.

On the other hand, the CY 2009 expenditure program of the departments/offices includes an increase of 10 percent on MOOE and the budget for the continued implementation of the 10 percent increase in Salaries of the Plantilla Personnel and the increased wages of personnel under Contract of Services and Job Orders which took effect July 2008.

As to the Personal Services Expenditures are concerned, the total Personal Services in BY 2009 is P808,358,364. There is an increase of P51,020,990 or 6.7 percent from the current year's PS of P757,337,364. This increase is attributed to the continued implementation of the 10 percent increase in Salaries and its attached PS benefits that started in July 2008 as authorized in Executive Order No. 719 of the Office of the President and the Local Budget Circular No. 88. (PIA) [top]

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