Tax Relief

Property tax relief in Bacolod. pressured


A resolution directing the City Treasurer’s Office through the Mayor’s Office to implement City Ordinance No. 953 Series of 2021 or an Ordinance Granting Tax Relief to Delinquent Bacolod City Real Estate Taxpayers.

Written by Councilor Al Victor Espino, the resolution states that CO 953 is a mere extension of an approved and implemented regulation CO 936 from 2020 that gave tax breaks to delinquent property taxpayers last year.

It said that CO 953, series 2021, had been unanimously approved by the SP on August 11th and had come into force 30 days after its adoption.

The mayor’s office was neither able to react nor to veto the said regulation. As such, it is considered valid and effective and is obliged to be implemented by the office of the city treasurer. It is only appropriate to implement this regulation, given that it is already in effect, the resolution says.

The earlier tax relief ordinance CO 936 had earned the city of Bacolod an additional income of P42,666,299.20 and a collection, it said.

Extending such a grant to taxpayers will allow the city of Bacolod to generate more revenue and revenue, and this will also encourage defaulting taxpayers to pay their tax debts and arrears, the ruling added.

CO 936 was written by Councilor Dindo Ramos and co-authored by Espino.

Meanwhile, Espino said the resolution helped the city raise 44 million pence of new funding amid the pandemic.

He said that CO 936 served as a precedent for the new regulation, CO 953, which he wrote, where all intents and purposes are the same as CO 936. He believes the city will be able to generate more revenue if CO 936 is implemented by the executive department.

Espino said the city treasurer claimed they had received instructions that the ordinance (CO 936) should not be implemented yet. However, this ordinance had been passed unanimously by the SP, and so he drafted a resolution to implement it during Wednesday’s regular session.

Since the mayor did not veto the regulation, this should be implemented by the city treasurer. He believes that if the city treasurer starts implementing the ordinance and the collection is good for December, he plans to extend it for another two months to cope with the months when the ordinance was not implemented, he said.

The ordinance should have been implemented from September 1 to December 31 of the current year, he added. *

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