Cebu City honored as best LGU in CV
It is the only LGU to receive such recognition during the general assembly of the treasurers and assessors in
Mayor Tomas Osmeña was so pleased with the award that he cancelled his trip to
In his speech, the mayor said
But he explained that one big problem in tax collection is the word business permit, which is more of regulatory. “So there should be a major change. The main function of the treasurer is to generate and not regulate.”
Osmeña said one major reform that the city had adopted is that anyone who do business and make money should pay taxes.
“In
He also gave a technique to tax collectors to put more tax burden on the structure than the land because those who put up big buildings are actually those who can pay more.
During interview with reporters, Osmeña said the award will prove that despite the allegations that the city is already bankrupt, it can still manage its financial resources well.
The Bureau of Local Government Finance announced earlier that Cebu City has been chosen as the sole recipient of the award as the Best Performing LGU among the 136 local government units in Central Visayas because of its remarkable performance in the local fiscal and financial management. —Wenna A. Berondo/LPM
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