2024 2023
Tax Revenue – Goods and Services
Business Tax 14,458,474.86 14,882,010.82
Franchise Tax 25,680.00 21,120.00
Sub-total 14,484,154.86 14,903,130.82
Tax Revenue – Fines and Penalties
Tax Revenue – Fines and Penalties –
Property Taxes 64,156.94 62,645.76
Total Tax Revenue ₱ 29,676,773.83 ₱ 29,268,335.41
Note 17 – Share from National Taxes
This account consists of the following:
Share from Internal Revenue Collections
(IRA) ₱ 154,575,370.00 ₱ 145,445,242.00
Share from EVAT - 30,117.06
Total Share from National Taxes ₱ 154,575,370.00 ₱ 145,475,359.06
Note 18 – Service and Business Income
This consists of the following:
Service Income
Permit Fees ₱ 2,763,619.22 ₱ 2,582,001.99
Registration Fees 682,054.00 1,031,878.00
Clearance and Certification Fees 736,846.21 667,484.29
Supervision and Regulation Enforcement Fees 49,050.00 115,700.00
Fees for Sealing and Licensing of Weights
and Measures 260,252.20 190,870.00
Fines and Penalties – Service Income 362,830.27 327,740.95
Sub-total ₱ 4,854,651.90 ₱ 4,915,675.23
Business Income
Rent Income 684,420.00 758,000.00
Waterworks System Fees 8,673,955.60 9,849,290.39
Receipts from Market Operations 5,553,212.71 2,510,936.95
Garbage Fees 224,340.00 180,180.00
Interest Income 292,530.03 285,694.05
Fines and Penalties – Service Income 8,239.75 0.00
Sub-total ₱ 15,436,698.09 ₱ 13,584,101.39
Total Service and Business Income ₱ 20,291,349.99 ₱ 18,499,776.62
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