Meta PixelAnnual Audit Report 2024 — Municipality of Bindoy — Page 47

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15. Tax Revenue

   This account is composed of the following:

  Tax Revenue – Individual and                       2024            2023
  Corporation
  Community Tax                                 ₱     361,280.33 ₱     402,650.31
  Tax Revenue – Property
  Real Property Tax – Basic                         1,992,359.00     1,937,857.50
  Special Education Tax                             1,992,359.00     1,937,857.50
  Tax Revenue – Goods and Services
  Business Tax                                      3,157,450.91     2,104,265.89
  Amusement Tax                                        85,834.00        80,615.00
  Franchise Tax                                        14,750.00        19,700.00
  Tax Revenue – Fines and Penalties
  Tax Revenue – Fines and Penalties –
      Property Taxes                                  207,758.35       197,005.23
  Tax Revenue – Fines and Penalties –
      Taxes on Goods and Services                      62,266.61        94,545.63
  Tax Revenue – Fines and Penalties –
      Other Taxes                                      16,404.08        16,703.31
  Total Tax Revenue                             ₱   7,890,462.28 ₱   6,791,200.37


16. Share from Internal Revenue Collections

   Share from Internal Revenue Collections amounted to ₱185,454,391.00 and
   ₱174,535,544.00 for CY 2024 and CY 2023, respectively.


17. Service and Business Income

   This account is composed of the following:

   Service Income
   Permit Fees                                  ₱    815,071.43 ₱     603,681.11
   Registration Fees                                 361,252.00       485,230.00
   Clearance and Certificate Fees                    318,400.00       490,320.00
   Other Service Income                               73,150.00        71,200.00
   Business Income
   Rent Income                                        216,815.00       208,275.00
   Waterworks System Fees                           8,052,913.41     6,776,955.91
   Receipt from Market Operations                     973,446.06     1,129,014.82
   Receipt from Slaughterhouse Operations             844,114.90       843,601.00
   Receipt from Cemetery Operations                    59,165.00        23,260.00


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