Push Admin

LTO collects nearly P1-B in fines, penalties for 2024 1st half

An owner traces his motorcycle's engine number from his impounded vehicle at a transport depot near Central Market in Manila on May 16, 2024. Tricycle owners are required to trace engine numbers as part of the requirements to claim their vehicles after paying penalties for violating traffic regulations.
Jonathan Cellona, ABS-CBN News

Article (news)

ABS-CBN News

<div style="margin:0cm"><span></span></div><div style="margin:0cm"><span>The Land Transportation Office has collected nearly P1 billion in revenue from penalties paid by traffic violators in the first half of 2024. </span></div><div style="margin:0cm"><span> </span></div><div style="margin:0cm"><span>LTO data showed a total of 330,073 motorists were apprehended nationwide from January 1 to June 30 this year for various offenses.</span><span> </span><span>Not all of those apprehended already settled the fines and penalties but a total of P986.5 million were already collected from January 1 to June 30 this year.</span></div><div style="margin:0cm"><span> </span></div><div style="margin:0cm"><span>“The almost P1 billion collection from fines and penalties alone is a result of the hard work of our law enforcers and other personnel on the ground. We cannot achieve this without their dedication and commitment to ensure road safety,” LTO Chief, Assistant Secretary Atty. Vigor D. Mendoza II said.</span></div><div style="margin:0cm"><span> </span></div><div style="margin:0cm"><span>“Inaasahan nating mas tataas pa ito as soon as mag-settle ng penalties and fines ang mga nahuli. Kaya we are asking them to settle on time because failure to do so would only result in the payment of higher fines and penalties. In short, mas malaki ang babayaran na,” he added.</span></div><div style="margin:0cm"><br/></div><div style="margin:0cm"><span><a href="https://news.abs-cbn.com/news/2024/7/1/lto-intensifies-no-plate-no-travel-policy-vs-tricycles-1622" id="isPasted">LTO intensifies &#x27;no plate, no travel&#x27; policy vs tricycles</a></span></div><div style="margin:0cm"><span> </span></div><div style="margin:0cm"><span><a href="https://news.abs-cbn.com/news/2024/6/11/lto-won-t-release-colorum-vehicles-without-court-order-1105" id="isPasted">LTO won’t release ‘colorum’ vehicles without court order</a></span></div><div style="margin:0cm"><br/></div><div style="margin:0cm"><span>The LTO’s revenue collection target for 2024 is P33 billion. The office has already recorded P17.9 billion which is P34% higher for the same period in 2023.</span></div><div style="margin:0cm"><span> </span></div><div style="margin:0cm"><span>Aside from fines and penalties, other revenue sources of the LTO include motor vehicle user charges and driver’s license transactions.</span></div><div><br/></div><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/rguAAchhCzg?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span><br/></div>

<p>The Land Transportation Office has collected nearly P1 billion in revenue from penalties paid by traffic violators in the first half of 2024.</p>

The Land Transportation Office has collected nearly P1 billion in revenue from penalties paid by traffic violators in the first half of 2024.