Makati Tax Collection Reaches P11B


The City Government of Makati posted a total of P11.053 billion in tax collection for the period of January 2 to August 20. With this, acting Mayor Romulo Peña Jr. said the city government has already achieved 90 percent of its projected target of P12.284 billion for the fiscal year of 2015. He believed this is a clear indication of a robust economy buoyed by increased trust and confidence of the business community and stakeholders in the city government. A report from the Treasurer’s Office, showed that a bulk of collection came from the business tax with P5,946,692,720.76, followed by real property tax with P2,478,490,843.94; fees and charges, P547,881,440.06; and Economic Enterprise, P140,357,538.66.


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