Note 13 – Share from National Taxes
2024 2023
Share from Internal Revenue Collections
(NTA) ₱ 139,018,613.00 ₱ 130,829,552.00
Total Share from National Taxes ₱ 139,018,613.00 ₱ 130,829,552.00
The Municipality’s share from National Tax Allotment (NTA) (formerly Internal
Revenue Allotment) represents 86.16% and 84.47% of the total revenues in CYs 2024
and 2023, respectively. In CY 2024, the NTA received by the Municipality increased by
₱8,189,061.00, or 6.26% compared to that Regular NTA received in CY 2023.
Note 14 – Service and Business Income
Service Income
Permit Fees ₱ 3,187,413.97 ₱ 3,758,194.20
Registration Fees 148,478.75 198,762.00
Clearance and Certification Fees 708,990.00 780,207.00
Occupation Fees 219,000.00 191,700.00
Fishery Rentals, Fees and Charges 0.00 34,440.00
Fees for Sealing and Licensing of
Weights and Measures 45,672.20 57,500.00
Fines and Penalties – Service Income 598,662.96 469,409.61
Business Income
Waterworks System Fees 5,214,792.66 4,724,448.66
Receipts from Market Operations 1,609,566.00 1,370,798.00
Receipts from Slaughterhouse Operation 461,255.00 374,880.00
Interest Income 141,128.85 151,062.18
Total Service and Business Income ₱ 12,334,960.39 ₱ 12,111,401.65
Note 15 – Transfers, Assistance and Subsidy from
Subsidy from National Government ₱ 37,652,012.75 ₱ 29,894,918.25
Subsidy from Local Government Units 808,289.00 1,806,820.00
Subsidy from Other Funds 7,524,315.98 2,198,221.00
Total Transfers, Assistance and Subsidy from ₱ 45,984,617.73 ₱ 33,899,959.25
Subsidy from National Government refers to funds held in trust for the
implementation of various programs, projects, and activities during the year. These
include, among others, the Social Pension Program amounting to ₱14,802,000.00, the
distribution of welfare goods assistance during the prolonged dry season caused by the El
Niño Phenomenon, and other social services-related programs.
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