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Pasig City collected 78 pct of target 2021 tax revenue in 6 months: mayor

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Katrina Domingo, ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2021/tvpatrol/07/02/vico-sotto.jpg"/><figcaption>Pasig City Mayor Vico Sotto during his State of the City Address at the Tanghalang Pasigueño on the 448th Founding Anniversary of Pasig City, July 2, 2021. <em>George Calvelo, ABS-CBN News</em></figcaption></figure></div><p>MANILA - Pasig City Mayor Vico Sotto on Friday said the local government has already collected 78 percent of its target tax collections in 2021 in just 6 months.</p><p>&quot;Sa taong ito, nasa 78 percent na tayo ng ating target collection,&quot; Sotto said in his third State of the City Address, without mentioning how much the city was planning to collect this year.</p><p>(This year, we are already at 78 percent of our target collection.)</p><blockquote class="twitter-tweet"><p dir="ltr" lang="en">Mayor Vico Sotto says Pasig City has already collected 78 percent of its target tax revenue collection in 2021 in just 6 months.<br/><br/>CONTEXT: Pasig City collected some P8.75B in tax revenues in 2020, which was about P600M higher than dues collected in 2019, a non-pandemic year. <a href="https://t.co/EKARcR2x07">pic.twitter.com/EKARcR2x07</a></p>— Kat Domingo (@_katrinadomingo) <a href="https://twitter.com/_katrinadomingo/status/1410936143634321409?ref_src=twsrc%5Etfw">July 2, 2021</a></blockquote><div><script async="" src="https://platform.twitter.com/widgets.js" charSet="utf-8" type="text/javascript"></script></div><p>Despite the COVID-19 pandemic in last year, Pasig City collected some P8.75 billion in tax revenues, which was about P600 million higher than the dues collected in 2019, a non-pandemic year.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/01/06/21/pasig-says-at-least-5-pct-of-registered-businesses-in-city-closed-in-2020">Pasig says at least 5 pct of registered businesses in city closed in 2020</a></li></ul><p>&quot;Nagpapasalamat tayo kasi nagbabayad ng buwis yung mga businesses. Hopefully, it’s because they trust the government,&quot; Sotto told ABS-CBN News in a chance interview after his SOCA.</p><p>(We are thankful because businesses are paying their taxes. Hopefully it’s because they trust the government.)</p><p>Since Sotto rose to power in 2019, he began reducing red tape in the tax payment scheme of Metro Manila&#x27;s 4th richest city by opening one-stop shops in malls as well as an online portal where Pasigueños could settled their government dues.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/video/news/01/04/21/pasig-opens-new-one-stop-shop-for-business-permits">Pasig opens new one stop shop for business permits</a></li></ul><p>&quot;I hope it has something to do with it,&quot; the mayor said.</p><p>&quot;Magbabayad naman talaga yan. Ang sa amin lang, madali yung buhay nila... Hopefully, it makes it easier for them to pay as well,&quot; he said.</p><p>(They are really going to pay. But for us, we just want to make their lives easier... Hopefully, it makes it easier for them to pay as well.)</p><p>Sotto declined to say when he estimates the city to hit this year&#x27;s target revenue, and if he expects to exceed the target collections this year.</p><blockquote class="twitter-tweet"><p dir="ltr" lang="en">Mayor Vico Sotto says cost of city govt projects down by 20 percent this year compared to the price 3 years ago thanks to a more transparent bidding process.<br/><br/>Sotto says Pasig city govt has saved P2.3B in taxpayers money from October 2019 to June 2021. <a href="https://t.co/og9vZFrUkY">pic.twitter.com/og9vZFrUkY</a></p>— Kat Domingo (@_katrinadomingo) <a href="https://twitter.com/_katrinadomingo/status/1410897021754503173?ref_src=twsrc%5Etfw">July 2, 2021</a></blockquote><div><script async="" src="https://platform.twitter.com/widgets.js" charSet="utf-8" type="text/javascript"></script></div><p>Pasig City has also saved P2.3 billion in public funds from October 2019 to June 2021 thanks to a more transparent bidding process, Sotto said.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/news/02/26/21/mayor-vico-pasig-city-saves-p12-billion-thanks-to-transparent-bidding">Mayor Vico: Pasig City saves P1.2 billion thanks to transparent bidding</a></li></ul><p>The cost of city government projects dropped by 20 percent this year compared to the price 3 years ago, he said.</p><p>&quot;Hindi pa tayo perpekto pero doon tayo papunta bilang isang bayan, bilang isang lungsod,&quot; the mayor said.</p><p>(We are not yet perfect, but that is where we are headed as a nation, as a city.)</p><p>&quot;The question is: &#x27;Will I do my part to make these changes come sooner in our city or in our country?&#x27;&quot;</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/news/02/23/20/mayor-vico-to-businessmen-follow-pasig-citys-laws">Mayor Vico to businessmen: Follow Pasig City&#x27;s laws</a></li></ul><div><strong>RELATED VIDEO</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1719029" width="100%"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div>

<p>Pasig City Mayor Vico Sotto on Friday said the local government has already collected 78 percent of its target tax collections in 2021 in just 6 months.</p>

Pasig City Mayor Vico Sotto on Friday said the local government has already collected 78 percent of its target tax collections in 2021 in just 6 months.

Pasig City collected 78 pct of target 2021 tax revenue in 6 months: mayor

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Pasig City collected 78 pct of target 2021 tax revenue in 6 months: mayor

Katrina Domingo,

ABS-CBN News

Published July 02, 2021 10:07 PM PHT

Read More:

Vico Sotto

Pasig City

taxes

business tax

government revenue

Pasig City target tax collection

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