Author Topic: BOHOL POSTS 119.28% TAX COLLECTION EFFICIENCY  (Read 697 times)

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BOHOL POSTS 119.28% TAX COLLECTION EFFICIENCY
« on: April 24, 2010, 10:55:07 PM »

BOHOL POSTS 119.28% TAX COLLECTION EFFICIENCY

BOHOL's tax collection is top in Central Visayas for the third quarter of 2009,

This after OIC Region & Director Lorna Atega of the Department of Finance'
(DOF) Bureau of Local Govenment Finance (BLGF) congratulated Gov. Erico
Aumentado for posting a 119.28 percent collection efficiency, besting Cebu,
Oriental Negros and Siquijor provinces.

In a letter with a matrix for his easy referral, Atega said Bohol collected
P128,713,381.62 against the target of P107,908,919.20 in basis real property
tax and Special Education Fund (SEF).

She congratulated Aumentado for the high tax ratings that landed Cebu at
second place only with an efficiency rating of 89.53 percent. Siquijor was a
close third at 89.45 percent while Oriental Negros drew last at 87.45 percent.

The four provinces maintained the same berths in the annual collection
efficiency ratings although business-rich Cebu posted the highest actual
collection at P169,965,425.90. Oriental Negros followed at P52,881,615.71
and Siquijor, P9,517,938.80.

Cebu's capital, Cebu Ciy, edged out all the other 15 cities in the region with
an actual total collection of P529,244,940.25 that earned it a 120.03 percent collection efficiency ranged against its 3rd quarter target of P440,916,416.80.

Bohol's capital, Tagbilaran, managed only the eight place at 94.25 percent, with the same rank for it's actual collections of P32,836,113.90 for the quarter.

Atega attributed Bohol's achievement to "the commendable efforts of the offices of the Provincial Treasurer and Assessor - and to all local officials" in
attaining the province's revenue target under the Revenue Generation Program.

In turn, Aumentado attributes the province's success in the dedicated efforts of provincial treasure Eustaquio Socorin and provincial Assessor Edgardo orig and their men.

They have formed a tax campaign team, using jingles, skits and good old explanation to property owners why they should pay taxes. The explanation may be over the radio - or in the field.

As such, the team spends much time outside of the office, but the efforts have apparently paid off.

Aumentado expressed elation over the development, especially that for the first time in the province's history, it's budget has breached the P 1 billion mark.
 

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