Muntinlupa ranks 8th among cities in revenue collection
The Muntinlupa City government took eighth place among cities in the Philippines in collection efficiency of local revenues in 2021, according to a report by Manila Bulletin.
The Bureau of Local Government Finance (BLGF) under the Department of Finance (DOF) announced the top performing provinces, cities, and municipalities based on locally sourced revenues (LSRs).
LSRs “are collections generated by LGUs [local government units] from real property tax, tax on business, other taxes, regulatory fees, service/user charges, and receipts from economic enterprises,” according to the BLGF.
“External Sources, on the other hand, are from Internal Revenue Allotment (IRA), other shares from national tax collection, inter-local transfer and extraordinary receipts/grants/donations/aids while other receipts include interest income and miscellaneous income,” according to the bureau.
Based on collection efficiency of LSRs, Muntinlupa LGU recorded a collection rate of 129.8 percent when its LSRs in 2021 totaled P3.728 billion, exceeding the target of P2.871 billion.
“Congratulations, Muntinlupa City! With a collection efficiency of 129.8%, Muntinlupa City is Top 8 in Collection Efficiency of Locally Sourced Revenues Nationwide for fiscal year 2021,” Muntinlupa Mayor Ruffy Biazon posted on Facebook.
The top 10 cities in collection efficiency of LSRs are Urdaneta City in Pangasinan, Taguig, Dasmarinas in Cavite, San Pedro in Laguna, Valenzuela, Roxas City in Capiz, Lapu-Lapu in Cebu, Muntinlupa, Cagayan de Oro City, and San Juan.
Here are the top 10 cities in the Philippines in collection efficiency of locally sourced revenues (LSRs):
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