14. Deferred Credits/Unearned Income
This account consists of the following:
2024 2023
Deferred Real Property Tax ₱ 129,497,430.88 ₱ 72,310,724.01
Deferred Special Education Tax 72,237,355.90 76,815,678.47
Other Deferred Credits 259,640.00 259,640.00
Total ₱ 201,994,426.78 ₱ 149,386,042.48
15. Tax Revenue
This account consists of the following:
Tax Revenue – Individual and
Corporation
Community Tax ₱ 857,169.24 ₱ 942,590.52
Tax Revenue – Property
Real Property Tax – Basic 1,831,372.53 1,611,752.38
Special Education Tax 4,578,322.57 2,294,531.93
Tax Revenue – Goods and Services
Business Tax 6,028,657.64 5,552,361.19
Tax on Sand, Gravel and Other Quarry
0.00 58,000.00
Products
Amusement Tax 56,558.00 35,635.00
Franchise Tax 190,300.00 304,500.00
Tax Revenue – Fines and Penalties
Tax Revenue – Fines and Penalties –
89,773.61 79,752.51
Taxes on Goods and Services
Total Tax Revenue ₱ 13,632,153.59 ₱ 10,879,123.53
16. Share from Internal Revenue Allotment
Share from Internal Revenue Collections amounted to ₱319,692,576.00 and
₱300,844,080.00 for CY 2024 and CY 2023, respectively.
17. Service and Business Income
This account consists of the following:
Service Income 2024 2023
Permit Fees ₱ 2,125,430.14 ₱ 1,906,034.32
Registration Fees 1,054,193.00 1,164,252.00
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