|Good financial condition allows city to have more grants, loans|
The Roxas City's good financial condition as attested by the Department of Interior and Local Government when it bestowed the Seal of Good Financial Housekeeping for three consecutive years would enable the City to avail itself of more grants from the DILG and loans from financial institutions, thereby boosting local governance.
Mayor Angel Alan B. Celino has prioritized the collection of local taxes in an effort to make the City less dependent on IRA (internal revenue allotment) shares. Shortly after he assumed office, he commissioned Accountant Carmen Andrade to help in the City finances enabling it to effect more than l00 percent collection increase in local taxes.
Mayor Celino is in the thick of the campaign to revise the assessment of real property taxes, which he considers as the lifeblood of an LGU like Roxas City.
It is estimated that the City can affect a 200- percent increase on said taxes based on the revised fair market value of real properties.
Good Financial Housekeeping is one of the components of the Seal of Good Governance, formerly known the Seal of Good Housekeeping.
This means that the city government has complied with the full disclosure policy and no adverse COA (Commission on Audit) opinion for the year covered (2014).
Good Financial Housekeeping gives the LGU of Roxas City access to the different programs of DILG, such as the Bottom-Up Budgeting (BUB), Payapa at Masaganang Pamayanan (PAMANA) and other program windows of the DILG.
Source: Gerry T. Pagharion