Meta PixelAnnual Audit Report 2024 — Municipality of La Libertad — Page 45

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Page 45
Note 15. Tax Revenue

This account is composed of the following:

                                                           2024               2023
  Tax Revenue - Individual and Corporation
     Community Tax                                    ₱     219,448.61    ₱   226,552.70
  Tax Revenue - Property
     Real Property Tax- Basic                                363,272.02        369,113.27
     Discount on Real Property Tax- Basic                   (34,894.87)       (27,333.93)
     Special Education Tax                                   476,053.39        455,414.49
     Discount on Special Education Tax                      (39,217.72)       (36,602.28)
  Tax Revenue - Goods and Services
     Tax on Sand, Gravel, and Other Quarry Products          13,200.00              0.00
     Amusement Tax                                          116,603.50        114,602.50
     Franchise Tax                                            6,000.00          5,000.00
  Tax Revenue - Fines and Penalties
            Tax Revenue - Fines and Penalties -
                                                            318,628.19        374,403.68
    Property Taxes
  Total Tax Revenue                                   ₱   1,439,093.12    ₱ 1,481,150.43


Note 16. Share from National Taxes

This account is composed of the following:

  Share from Internal Revenue Collections (IRA)       ₱ 178,830,803.00 ₱ 168,293,697.00
  Total Share from National Taxes                     ₱ 178,830,803.00 ₱ 168,293,697.00




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