His statement was made after business and real property tax records last year was released showing the actual tax collection which surpassed the target collection.
According to the City Treasurer’s Office, the city generated a business tax income of PhP 539.2M from January 2 to December 31, 2015. This is 0.8% higher than the PhP 535M collection target. On the other hand, the real property tax income reached PhP 390.8M which is 6% higher than the PhP 367.8M collection target.
“Year 2015 was a good and productive year for us, and so we are extending our gratitude to every Marikeño who dutifully paid their tax obligations. These taxes are very vital in the accomplishment of our projects,” De Guzman said.
Through these taxes, scholars under the College Educational Assistance Program benefitted, as well as those who received financial and medical assistance. Forty-three units of rain water harvesting units were built which were distributed to 34 public schools and eight government buildings. Likewise, road, sidewalk, and drainage improvements were accomplished. Health centers and classrooms at different barangays in the city are now being built with the help of Rep. Romero Federico Quimbo of the 2nd District of Marikina City.
“We believe that through the support of our fellow Marikeños, we can complete all of our priority projects on time,” De Guzman added.
Upcoming projects for 2016 include the construction of Phase 2 of Pamantasan ng Lungsod ng Marikina (SSS Campus), Marikina Trade Center, Gender and Development building, and a water retarding pond.