Iloilo Ranked 10th Among Provinces In PH In Local Source Revenues

Create: Mon, 10/20/2025 - 09:47
Author: PICAO
ILOILO RANKED 10TH AMONG PROVINCES IN PH IN LOCAL SOURCE REVENUES

The Province of Iloilo ranked 10th among the 82 provinces in the Philippines in terms of highest local source revenues for 2024, as recognized by the Department of Finance - Bureau of Local Government Finance.

Iloilo collected a total of P1.3 billion in real property tax, business tax, fees and charges, and economic enterprise for Calendar year 2024.

The Iloilo Provincial Government, through the Office of the Provincial Treasurer and the Office of the Provincial Assessor also received multiple awards for Calendar Year 2024 from the BLGF during the 2025 Conference of Assessors, Treasurers, and Technical Personnel held on October 8 at Grand Hotel, Iloilo City.
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Iloilo reaped the following awards:

πŸ₯‡πŸπ¬π­ 𝐏π₯𝐚𝐜𝐞

β€’ Highest Collection Efficiency in Four Locally Sourced Revenues with 102%
β€’ Highest Locally Sourced Revenue in Real Property Tax amounting to 438,581,531.86
β€’ Highest Collection Efficiency in Real Property Tax with 106%

πŸ₯ˆπŸπ§π 𝐏π₯𝐚𝐜𝐞

β€’Highest Locally Sourced Revenues (RPT, BT, FC and EE), equivalent to 1.289 milfien pesos.

The Office of the Provincial Treasurer also bagged the following awards:

πŸ₯‡πŸπ¬π­ 𝐏π₯𝐚𝐜𝐞

β€’ Highest Locally Sourced Revenue in Business Tax and Other Taxes amounting to 99,165,457.45

πŸ₯ˆπŸπ§π 𝐏π₯𝐚𝐜𝐞

β€’ Timely Submission of Treasury Reports (eSRE)
β€’ Best Performing Provincial Approver of eSRE Reports
β€’ Best Performing Provincial Reviewer of eSRE Reports (Mr. Jose Roy E. Villanueva)
β€’ Highest Locally Sourced Revenue in Economic Enterprise amounting to 656,825,496.94
β€’ Highest Collection Efficiency in Economic Enterprise of 100%
β€’ Year-on-Year Growth of 17% in Economic Enterprise
β€’ Year-on-Year Growth Rate of 16% in Fees and Charges

πŸ₯‰πŸ‘𝐫𝐝 𝐏π₯𝐚𝐜𝐞

β€’ Highest Collection Efficiency in Fees and Charges of 101%

The Office of the Provincial Assessor also received the following:

πŸ₯‡πŸπ¬π­ 𝐏π₯𝐚𝐜𝐞

β€’ Highest Increase in Taxable Assessed Value
β€’ Highest Increase in Real Property Units

These awards were presented to Gov. Arthur Defensor Jr. during the regular flag ceremony this Monday, October 20.

These achievements reflect our collective commitment to excellent fiscal performance and responsible local governance. Let us continue striving for excellence as we advance the vision for a MoRProGRes lloilo under the leadership of Governor Defensor.

Congratulations to all involved, especially the OPT and OPA!