Parañaque City Treasury credits mayor for increase in revenues

THE Parañaque City Treasurer's Office led by Dr. Anthony Pulmano has given recognition to Mayor Edwin Olivarez for his unwavering support of the collection effort and revenue mobilization program of the office throughout his term.

Pulmano said under Olivarez's leadership, the city has so far generated more than P20 billion in real property taxes from the year 2013 to 2021 and posted as high as almost P4 billion in business tax collections in 2020. The city is also completely debt-free.

Pulmano said that the city was awarded by the Department of Finance and Bureau of Local Government Finance a certificate of achievement for having ranked 5th among all cities in the National Capital Region in 2020.

Pulmano added that the city was also recognized as the 6th best performing city in terms of the highest locally-sourced revenues in 2019 as well as being the 5th best performing city government in terms of collection efficiency of locally sourced revenues. Olivarez stepped down from office to pursue a new chapter in his life as representative of Parañaque's first district.

Source: TheManila Times