A Municipality's Experience on Revenue Generation and Public Economic Enterprise Development
DOI:
https://doi.org/10.7719/jpair.v4i1.101Keywords:
Local Government Code of 1991, local government units (LGUs), revenue generation, public economic enterprises, Internal Revenue Allotment (IRA), real property tax (RPT), local tax, business tax, local self-sufficiency ratioAbstract
The Local Government Code of 1991 has opened opportunities for local government units (LGUs) to generate more revenues beyond traditional sources like the Internal Revenue Allotment (IRA). This study focused one municipality in Bukidnon and its experience on revenue generation and economic enterprise development for 1996-2007. Initially, the study looked into the socio-economic profile of the municipality. It then surveyed successful experiences on revenue generation by other LGUs. The study's analytical framework considers the LGU as operating within a market environment and the community. The 1991 Local Government Code acts as the major policy guide for LGU operations towards efficient and effective delivery of goods and services to the public. The study analyzed trends in the municipality's revenue generation along traditional sources: Internal Revenue Allotment (IRA), real property tax (RPT), and other local taxes. It then examined trends in the LGU's economic enterprises: waterworks, public market and slaughter house, and the heavy equipment unit. The focus group discussion among the enterprises' stakeholders revealed a number of organizational factors which affected the enterprises' operations.
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References
Amatong Juanita D. 2005. Charging users fees for health services in the Municipality of Malalag, Davao del Norte.” Local government fiscal and financial management best practices.
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Copyright (c) 2010 Maria Consuelo R. Del Castillo, Rey Dan G. Gayao
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Open Access. This article published by JPAIR Multidisciplinary Research is licensed under a Creative Commons Attribution-Noncommercial 4.0 International (CC BY-NC 4.0). You are free to share (copy and redistribute the material in any medium or format) and adapt (remix, transform, and build upon the material). Under the following terms, you must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use. You may not use the material for commercial purposes.
