SAN FERNANDO, Pampanga—Five hundred individual and business taxpayers were honored by the city government for their contributions to the city’s sustainable growth.
Among the 500 taxpayers are individuals, malls, banks, exporters, importers, entrepreneurs, restaurants, soft drink makers, manufacturing companies and sari-sari store owners who paid a total of P200 million to the city treasury this year, Mayor Edwin Santiago said.
Santiago informed the owners and representatives of the companies that the city government spent their taxes wisely in line with the development plan of the Regional Development Council.
He updated the taxpayers on multimillion-peso projects to lessen traffic and flooding, and improve sanitation and peace and order especially in the city proper.
“These projects will not be realized without your support, so please pay your taxes correctly and on time,” Santiago said.
Although the city has an Internal Revenue Allotment, 60 percent of its annual budget of P1.5 billion is funded by local income resources, mostly business permits.
San Fernando became a city on Dec. 4, 2000 and was adjudged the most competitive city by the National Competitive Council in July 2016.