27 LGUs failed to submit Q2 receipts, expenditures report
MANILA, Philippines – Nineteen cities and 8 provinces failed to report the required electronic Statement of Receipts and Expenditures (eSRE) for the second quarter of 2015.
In its tax watch advertisement released Wednesday, August 12, the Department of Finance (DOF) said: "How much incomes were raised by the cities and provinces during the second quarter this year? How were these funds utilized? You'll never know unless you demand for reports."
The list of non-compliant cities include: Angeles, Cavite, Guihulngan, Ilagan, Imus, Mabalacat, Malolos, Marawi, Masbate, Naga in Cebu, Puerto Prinsesa, Roxas, Santa Rosa, Sorsogon, Surigao, Tabuk, Tagbilaran, Talisay in Cebu, and Toledo.
Non-compliant provinces are Biliran, Lanao del Sur, Maguindanao, Negros Oriental, Sultan Kudarat, Sulu, Tawi-Tawi, and Western Samar.
All provincial, municipal, and city treasurers are required to submit the eSRE for the second quarter no later than July 20, pursuant to DOF Department Order No. 08-2011.
Only the cities of Regions I and IX registered 100% compliance, while only the provinces of Regions II, IV-B, VI, IX, and XIII, are fully compliant.
The DOF earlier said it is requiring assessors to shift to electronic reporting of consolidated property valuations and assessments in their respective local government units (LGUs) starting July 10, in time for their second quarter report.
The requirement was in line with the goal to optimize collections of real property tax (RPT) in the LGUs as a stable source of revenues and to improve local fiscal accountability and transparency.
“The poor collection enforcement and non-updating of property values by LGUs are twin causes for the continuous decline of RPT-to-GDP (gross domestic product) ratio from 0.48% in 2003 to only 0.36% in 2013," Finance Secretary Cesar V. Purisima previously said.
"LGUs miss to capture the boom in real estate and construction in recent years through property tax to help finance their local services and capital investment requirements,” he added. – Rappler.com
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