Executive to present RPT hike proposal

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ILOILO CITY: The executive branch of the city government here is preparing to present the new and revised schedule of zonal valuation of real properties to the city council for approval and confirmation. Mayor Jed Patrick Mabilog of Iloilo City said the new schedule of zonal valuation was arrived at after three public hearings and a roundtable discussion with representatives of the local business sector, in determining the increase on real property valuation in compliance with the Department of Finance order of new schedule of real property taxes that cover land, building and machineries. The city mayor said he is positive the city council will approve the new schedule of real property taxes.

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