BONTOC, Mountain Province, – Total revenue collections of the provincial government here in 2015 has exceeded that of 2014.
Based on the Statement of Collection of the Office of the Provincial Treasurer, the total local revenue collections is P85, 597,080 which is P10, 884,740 higher than in 2014.
Biggest contributor for the local revenues is hospital collections which amounted to P69, 297,568.82. This figure shows an increase of P11, 699,054.25 from the total collections in 2014 which was P57, 598,514.57.
Other local sources include tax revenue such property taxes, taxes on goods and services, and sand and gravel tax with a total collections of P5, 631,138.05. There is a decrease of P1, 986,167.28 from the total collections of the previous year.
Non-tax revenue such as certification/secretarial fees, rentals on provincial government facilities buildings/hall/equipment), permit fees, miscellaneous income amounted to P10, 615,861.
All in all, the Provincial Government has generated total revenue of P623, 285,284 which is P75, 478,750 more than that of 2014.
The amount of P537, 688,204 of the total revenue collections was derived from the national sources such as share from the Internal Revenue Allotment, from national wealth and from the PCSO./(JBS-PIA CAR, Mt. Province)