Note 22 – Service and Business Income
This consists of the following:
2024 2023
Service Income
Permit Fees ₱ 5,094,336.81 ₱4,368,786.68
Registration Fees 212,465.00 205,384.00
Clearance and Certificate Fees 1,842,126.30 1,949,672.28
Supervision & Regulation Enforcement
Fees 16,220.00 48,000.00
Inspection Fees 1,176,841.32 1,169,862.17
Occupation Fees 682,300.00 641,100.00
Fines and Penalties – Service Income 129,140.54 67,869.00
Business Income
Rent/Lease Income 975,434.00 75,000.00
Waterworks System Fees 6,735,923.40 7,183,864.33
Parking Fees 248,455.00 254,040.00
Receipt from Market Operations 2,138,665.94 2,324,383.15
Receipt from Cemetery Operations 162,300.00 164,505.00
Garbage Fees 838,200.00 808,400.00
Interest Income 2,249,866.04 2,180,203.93
Fines and Penalties – Business Income 0.00 0.00
Other Business Income 2,178.00 0.00
Total Service and Business Income ₱ 22,504,452.35 ₱21,441,070.54
Note 23 – Transfers, Assistance and Subsidy From
This consists of the following:
Transfers, Assistance and Subsidy
Subsidy from NGAs ₱ 2,000.00 ₱748,885.95
Subsidy from Local Government Units 18,000.00 18,000.00
Subsidy from General Fund Proper/
Other Special Accounts 0.00 4,000,000.00
Transfers from General Fund of LGU
counterpart /Equity Share 256,967.46 76,956.27
Total ₱ 276,967.46 ₱4,843,842.22
The subsidy from the General Fund Proper/Other Special Accounts amounting to
₱10,810,919.28, being a reciprocal account, was eliminated in the preparation of the
Consolidated Financial Statements.
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