The Cebu City’s market collection continues to increase for the past three years, hitting a significant high of P38.8 million last year.
The bulk of P38,866,714.40 total collection in 2007 came from the entrance or landing of goods collected at checkpoints and the rentals of space, which totaled P12,251,287.69.
Three of these checkpoints are located in barangay Busay, barangay Pardo and the South Road Properties.
The collection from the Pasil Fish Market followed at P6,433,468.95, Taboan Public Market at P3,836,044.60, and the Freedom Park at P3,740,592.62. Pasil remains the busiest market in the city.
Collection from Unit 1 at Carbon Public Market came close at P2,879,882.82 followed by Unit 3 with P2,490,192.44.
The Ramos Public Market’s collection of P1,955,118.59 had the most significant increase last year compared to the figure in 2005 with P628,965.12 and in 2006 with P624,966.69.
Raquel Arce, acting chief of the Economic Enterprise Revenue Collection Division of the Office of the City Treasurer, said the significant increase in Ramos Public Market’s collection can be attributed to the higher amount implemented for the entrance of goods from P2 to P5 after the market was renovated.
Other collections include those from Unit 2 at Carbon Public Market with P1,568,968.93, Warwick Barracks with P1,607,371.13, T. Padilla Market with P1,219,314.23 and Pardo Public Market with P774,966.22.
The city also collected P109,506.18 from miscellaneous payments for garbage at P1 per day and from payments of certifications and clearances, including the P20 for permit from the city treasurer’s office and P30 for market clearance.
The markets in Pardo, Taboan, T. Padilla, and Ramos and considered satellite markets.
Arce said the significant increase in last year’s collection can be attributed to the intensified effort implemented by her office. This includes making sure that fees are collected right upon the entrance of goods to the city.
In 2006, the total market collection amounted to P35,314,047.16 while in 2005, the collection totaled P32,895,879.42. - Joeberth M. Ocao/LPM