Friday, October 7, 2022

Pamintuan credits self for Angeles’ increased revenue

Nov 20, 2015 @ 12:39

Angeles City mayor Edgardo Pamintuan is praising his own administration for the continuing improvement of the city’s tax collection and increasing income.

In his State of the City Address, the re-electionist mayor said Angeles’ revenue for the third quarter of the year reached P1.3 billion as compared to P1.1 billion in 2010.

This, he proudly said, was a result of his administration’s “effective fiscal management”.

The city’s annual budget also increased from P1 billion in 2010 to P1.515 billion this year, according Pamintuan.
“Dahil gumanda ang kita at koleksyon ng siyudad, nakaalpas na tayo sa sobrang pagdepende sa Internal Revenue Allotment o IRA para mapunuan ang ating budget,” he pointed out in an article in Sunstar.

In his first term in 2010, Pamintuan said Angeles’ dependence on IRA was at 60 percent. At present, 65 percent of the city’s budget comes from local sources, 35 percent from IRA.

With these numerous accomplishments, the city received several local and international awards from different government and non-government organizations, according to the mayor.
Pamintuan stressed that 2016 has been “a very good year” for the city.

The last-termer mayor is running in the 2016 elections against Vice Mayor Vicky Vega-Cabigting and Sen. Lito Lapid.

Politiko would love to hear your views on this...
The comments posted on this site do not necessarily represent or reflect the views of management and owner of We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

Trending News

Want Politiko alerts on your inbox? Subscribe here.