The Provincial Treasurer’s Office collected a total of P700,260,419.03 in economic enterprise or a collection efficiency of 248%, exceeding BLGF’s annual target of P282,435,294 for FY 2020. For business and other taxes, PTO collected P79,514,328.54 or 169% higher than BLGF’s target of P47,007,574. Iloilo Province also recorded the highest real property tax (RTP) collection in the amount of P798,582,278.68. This is 201% higher than the target of BLGF which is P396,809,997. Moreover, Iloilo Province also placed second in local revenue sources collection, having collected P1,594,797,884.28 or a 216% collection efficiency.
The awards were given during the CY 2021 Second (2nd) Quarter Regional Conference with the Provincial/City Treasurer and Assessors in Region VI via Zoom last June 8, 2021. PTO chief Jean Maire Umadhay said the achievement “is a manifestation of the hard work and dedication of the provincial and municipal treasury personnel despite the challenges brought by the COVID 19 pandemic.” “We also take this opportunity to extend our utmost gratitude to our stakeholders, especially our dear tax payers for being our consistent partners in the economic growth of the province of Iloilo,” Umadhay said. (Charm G. Paras/PTO)