Note 13. Deferred Credits/Unearned Income
This account is composed of the following:
2024 2023
Deferred Real Property Tax ₱ 26,077,325.36 ₱ 28,702,869.56
Deferred Special Education Tax 26,160,567.88 28,807,889.31
Other Deferred Credits 12,445.56 12,445.56
Total Deferred Credits/Unearned
₱ 52,250,338.80 ₱ 57,523,204.43
Income
Note 14. Other Payables
This account is composed of the following:
Other Payables ₱ 219,100.02 ₱ 218,960.02
Total ₱ 219,100.02 ₱ 218,960.02
Note 15. Tax Revenue
This account is composed of the following:
Tax Revenue - Individual and Corporation
Professional Tax ₱ 600.00 ₱ 2,700.00
Community Tax 874,043.07 647,060.93
Tax Revenue - Property
Real Property Tax- Basic 1,059,733.36 1,005,404.87
Discount on Real Property Tax-
0.00 (105,167.61)
Basic
Special Education Tax 1,324,666.71 1,249,976.06
Discount on Special Education Tax 0.00 (131,459.51)
Tax Revenue - Goods and Services
Business Tax 3,974,197.05 3,297,321.75
Tax on Sand, Gravel and Other
176,363.80 280,458.60
Quarry Products
Amusement Tax 228,435.00 214,990.00
Tax Revenue - Fines and Penalties
Tax Revenue - Fines and Penalties -
542,736.21 367,100.75
Property Taxes
Tax Revenue - Fines and Penalties - 0.00
450.00
Other Taxes
Total Tax Revenue ₱ 8,181,225.20 ₱ 6,828,385.84
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