Connect with us

Philippine News

S. Cotabato mining, quarry revenues reach P17-M

Published

on

Citing their records, he said their 10-month collection for mining, sand and gravel tax reached P16,991,073.57 or a monthly average of P1,699,107.357.  (Photo: Office of the Presidential Adviser for Environmental Protection/ Facebook)

Citing their records, he said their 10-month collection for mining, sand and gravel tax reached P16,991,073.57 or a monthly average of P1,699,107.357. (Photo: Office of the Presidential Adviser for Environmental Protection/ Facebook)

GENERAL SANTOS CITY — The provincial government of South Cotabato has collected nearly PhP17 million in mining and quarry taxes in 10 months this year, its highest for the period in recent years.

Siegfred Flaviano, Provincial Environment Management Office (Pemo) head, said Thursday total collection from January to October increased by around PnP1.25 million based on last year’s 10-month receipts that reached PhP15.75 million.

Citing their records, he said their 10-month collection for mining, sand and gravel tax reached P16,991,073.57 or a monthly average of P1,699,107.357.

The official said their average monthly collection this year was up from last year’s record of P1,561,924.40.

In October, Flaviano said they posted their highest tax collection for the year with a total of P2,122,570.

With more revenues expected to come in until the end of the year, he said they are now sure of exceeding last year’s collection.

Out of the total tax collections for the period, he said the provincial government’s share has increased to P6,665,329.83.

The provincial imposition under quarry and mining covers sand and gravel tax, mining tax, mining permit fee, ore transport fee, occupational mining tax, verification fee, filing fee, permit fee, projection fee, processing fee, fines/penalties/surcharges, and miscellaneous (delivery receipts).

Flaviano said the local government is just around P1.7 million short of its total collection target of P18,743,092.83, which represent last year’s the total revenues.

Such figure was the highest since the creation of their office in 2007. The previous record was P15,790,315.30 generated in 2012.

Continue Reading
Click to comment

0 Comments

  1. Pingback: S. Cotabato mining, quarry revenues reach P17M – Philippine Resources

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Lifestyle2 weeks ago

Nobody Wants This…IRL (In Real Life)

Just like everyone else who’s binged on Netflix series, “Nobody Wants This” — a romcom about a newly single rabbi...

Lifestyle3 weeks ago

Family Estrangement: Why It’s Okay

Family estrangement is the absence of a previously long-standing relationship between family members via emotional or physical distancing to the...

Lifestyle2 months ago

Becoming Your Best Version

By Matter Laurel-Zalko As a woman, I’m constantly evolving. I’m constantly changing towards my better version each year. Actually, I’m...

Lifestyle2 months ago

The True Power of Manifestation

I truly believe in the power of our imagination and that what we believe in our lives is an actual...

Maria in Vancouver3 months ago

DECORATE YOUR HOME 101

By Matte Laurel-Zalko Our home interiors are an insight into our brains and our hearts. It is our own collaboration...

Maria in Vancouver4 months ago

Guide to Planning a Wedding in 2 Months

By Matte Laurel-Zalko Are you recently engaged and find yourself in a bit of a pickle because you and your...

Maria in Vancouver4 months ago

Staying Cool and Stylish this Summer

By Matte Laurel-Zalko I couldn’t agree more when the great late Ella Fitzgerald sang “Summertime and the livin’ is easy.”...

Maria in Vancouver5 months ago

Ageing Gratefully and Joyfully

My 56th trip around the sun is just around the corner! Whew. Wow. Admittedly, I used to be afraid of...

Maria in Vancouver6 months ago

My Love Affair With Pearls

On March 18, 2023, my article, The Power of Pearls was published. In that article, I wrote about the history...

Maria in Vancouver6 months ago

7 Creative Ways to Propose!

Sometime in April 2022, my significant other gave me a heads up: he will be proposing to me on May...