Mahinog holds public hearing on proposed new revenue code

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MAHINOG, Camiguin, Sept. 10 (PIA) — The Sangguniang Bayan (SB) Committee on
Ways and Means (CWM) held public hearing to fast track the passage of the
proposed Municipal Revenue Code, here, in a bid to update the existing tax code
which was last passed in 1992.

Attended by more than 200 participants representing various sectors, the
public hearing was held at the municipal gymnasium to gather public inputs on
the proposed revenue measure which is needed to spur local growth.

Kagawad Jonard B. Labadan, Chairperson, SB WM Committee, pointed the need to
pass a new revenue measure because it has already been almost 20 years already
that the municipality is operating with the old code.

“In 1992, we were the first municipality in Camiguin that was able to come up
with a model revenue code, and now we are left behind because we are the only
municipality in the province to have been unable to update it,” Labadan told
participants at the hearing.

He added “Mahinognons” are still fortunate because for almost 20 years fees
and charges in Mahinog have remained unchanged and are even considered minimal
compared to other local government units (LGU) in the province.

At the public hearing, municipal treasurer Judith P. Baita presented the
salient provisions of the town’s proposed Revenue Code.

Baita said the proposed revision includes ten percent (10%) increase of the
rates in the existing 1992 revenue code as allowed by Republic Act 7160
otherwise known as The Local Government Code of 1991.

Under the code, LGU’s are authorized to adjust their tax rates once every
five (5) years but such adjustment should not exceed ten percent (10%) of the
rates fixed under the code.

Baita said it has been three times, or more than 15 years, that the LGU chose
not to take the opportunity to adjust its tax rates.

“It is high time now ‘to awake from the long sleep’ and pass a new revenue
code in order to keep pace with the changing times,” he said.

Meanwhile, Dr. Perla J. Garot, a participant from the business sector, said
tax amendments are appropriate as long as the money is spent properly and it is
also important that during the public hearings taxpayers should be made to
understand how tax money is used.

Mayor Alex R. Jajalla said the new revenue measures is needed to finance more
developmental projects.

He also assured that every centavo of the money collected from local taxes
will be judiciously used for the purpose it is collected. (Homer R.
Jajalla)

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About Camiguin News Bulletin

The Philippine government operates a nationwide institution established to respond to the information needs of the citizenry, thus, the PHILIPPINE INFORMATION AGENCY was created in 1986 by virtue of Executive Order 100 signed by former President Corazon C. Aquino.

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