Land tax relief pushed to Bacolod
BY CHRYSEE G. SAMILLANO
A resolution directing the city treasurer’s office through the mayor’s office to implement City Ordinance No. 953, 2021 series or an ordinance granting tax relief to overdue real estate taxpayers in the city of Bacolod .
The resolution drafted by Councilor Al Victor Espino said that CO 953 is a simple extension of an approved and implemented ordinance CO 936, 2020 series that granted tax relief to overdue taxpayers last year.
He said CO 953, the 2021 series was unanimously approved by the SP on August 11 and had already become law 30 days after it was passed.
The Town Hall could not follow up or veto the said ordinance. As such, it is deemed valid and efficient, and required to be implemented by the City Treasury. It is fair to implement the said ordinance given that it is already in effect, according to the resolution.
The previous CO 936 tax relief order generated P 42,666,299.20 in additional revenue and collection for the town of Bacolod, he said.
By extending such a subsidy to taxpayers, the town of Bacolod can generate more revenue and collection, which will also encourage delinquent taxpayers to pay their taxes and arrears, adds the resolution.
CO 936 was written by Councilor Dindo Ramos and co-authored by Espino.
Meanwhile, Espino said the resolution helped the city raise 44 million pesos in new funds amid the pandemic.
He said CO 936 served as a precedent for the new ordinance, CO 953 he authored, where all the intentions and goals are the same as CO 936. He believes the city will be able to to receive more income if CO 936 had been implemented by the executive branch.
Espino said the city treasurer said he had received instructions that the ordinance (CO 936) should not yet be implemented. But this ordinance had been adopted unanimously by the PS, so it drafted a resolution, during the ordinary session on Wednesday, to implement it.
Since the ordinance has not been vetoed by the mayor, this should be implemented by the city treasurer. He believes that if the city treasurer begins to implement the ordinance and the collection in December is good, he plans to extend it for two more months to deal with the months in which the ordinance was not implemented. work, he said.
The ordinance should have been implemented from September 1 to December 31 of the current year, he added. *