2021 Cebu City budget needs to source funds from SRP — Garcia

Delta Dyrecka Letigio 10/23/2020

CEBU CITY, Philippines — Cebu City’s P10.8 proposed 2021 budget may be partly sourced from the proceeds of the sales from the 2015 sale of the lots in the South Road Properties  or the SRP. Councilor Raymond…

Cebu Customs collects P2.7B for September, surpasses target

Morexette Marie B. Erram 10/01/2020

CEBU CITY, Philippines — The Bureau of Customs in the Port of Cebu (BOC-Cebu) reported on Thursday, October 1, to have surpassed their target collection for the month of September. This after BOC in Cebu, in a…

Tax collections down in Q1 due to COVID-19

Ben O. de Vera - Philippine Daily Inquirer 04/20/2020

The first-quarter tax collections of the Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC) not only declined but also slid below target as the COVID-19 pandemic and the resulting quarantine imposed since mid-March hurt domestic…

CTO sets P9B collection target for 2020

Delta Dyrecka Letigio 02/11/2020

CEBU CITY, Philippines — The Cebu City Treasurer’s Office (CTO) is targeting a P9 billion tax collection this year, which is a billion more than its 2019 revenue. Lawyer Jerone Castillo, who is also the acting city…

Cebu City exceeds 2019 tax collection target

Delta Dyrecka Letigio 02/11/2020

  CEBU CITY, Philippines—The Cebu City Treasurer’s Office (CTO) exceeded its target collection for taxes in 2019 by half a million In a document furnished to CDN Digital, the CTO revealed that it has collected P8,200,593,051.89, which…

Local BIR not confident of meeting revenue goal

Vanessa Claire Lucero 01/14/2016

Collection target hiked 44 percent to P36.6 billion for this year The  local Bureau of Internal Revenue (BIR) official is worried that the higher revenue collection target of P36.6 billion for this year will not be achieved.…

Can City Hall meet its P5-B tax target today?

Jose Santino S. Bunachita 01/23/2015

Mayor expects ‘downpour of payments’ on deadline day Cebu City Hall  has until the end of business hours today to meet the P5 billion tax collection target imposed by Mayor Michael Rama for this month. As of…

Auditors press Cebu City on property taxes

Doris C. Bongcac 06/28/2014

State auditors again reminded  the Cebu City government to revise its  schedule of market values (SMV) of real properties in order to update the city’s real property tax collection. Cebu City Mayor Michael Rama reiterated that consultations…

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