REVENUE SOURCES

With the effort exerted in maximizing revenue collection under the direction of the Chief Executive we are confident that the estimated revenue of P1,241,275,806.00 can be realized.

 
REVENUE SOURCES ESTIMATED REVENUE PERCENTAGE
Real Property Tax 287,124,251.00 23.13%
Transfer Taxes 40,000,000.00 3.22%
Business Taxes 340,100,000.00 27.40%
Franchise Tax 40,000,000.00 3.22%
Economic Zone 51,300,000.00 4.13%
Occupation Tax 1,000,000.00 0.08%
Community Tax 10,000,000.00 0.81%
Weights and Measures 30,000.00 0.00%
Internal Revenue Allotment 317,229,961.00 25.56%
Amusement Tax 38,000,000.00 3.06%
Special Tax 50,000.00 0.00%
Fines and Penalties – Tax Revenue 6,590,000.00 0.53%
Operating & Miscellaneous Revenue 100,015,300.00 8.06%
Other Operating & Misc. Revenue 9,836,294.00 0.79%
 
T O T A L 1,241,275,806.00 100.00%
  ============= =======
 
BUDGET ALLOCATION

On the expenditures of the Proposed 2005 Executive Budget, the allocation based on Local Budget Memorandum No. 2002-40 issued on July 16, 2002 is presented below.

 
BY FUNCTION AMOUNT % SHARE
General Services 839,730,766.00 67.65%
Economic Services 187,385,423.00 15.10%
Social Services 214,159,617.00 17.25%
 
T O T A L 1,241,275,806.00 100.00%
  ============= =======
 
BY OBJECT OF EXPENDITURES AMOUNT % SHARE
Personal Services 430,176,258.00 34.66%
Maintenance and Other Operating Expenses 226,129,771.00 18.22%
Capital Outlay 14,949,854.00 1.20%
Infrastructure Projects 70,000,000.00 5.64%
Special Activities Fund 171,077,420.00 13.78%
Non-Office 82,000,000.00 6.61%
Statutory and Contractual Obligation 246,942,503.00 19.89%
 
T O T A L 1,241,275,806.00 100.00%
  ============= =======
 
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