Flash ReportCOA: Kawit, Cavite Faces P109.8M Loss Due to Unpaid...

COA: Kawit, Cavite Faces P109.8M Loss Due to Unpaid Property Taxes

-

- Public Service Reminder -spot_img

The Municipality of Kawit, Cavite is facing a significant financial setback due to its failure to collect delinquent real property taxes (RPT) and Special Education Tax (SET), according to a recent Commission on Audit (COA) report.

The uncollected taxes have amounted to a staggering PHP109,841,225.86, leading to a cash deficit for the municipality.

The COA report highlighted that the municipality did not implement the measures provided under Section 256 of Republic Act (RA) No. 7160, also known as the “Local Government Code of 1991”.

These measures include administrative actions such as levy on real property and judicial actions for tax collection.

The report further outlined the remedies for the collection of delinquent Real Property Taxes under the Local Government Code.

These include posting and publishing a notice of delinquency, levying on real property after the expiration of the time required to pay the tax, and advertising and selling the property to satisfy the tax delinquency.

The COA emphasized that had the municipality strengthened the imposition of these remedies, it could have realized additional income to address its cash deficit.

Proper monitoring and implementation of collection policies and strategies could also contribute to the collection of past due real property taxes.

COA recommended that Kawit Municipal Mayor Angelo Aguinaldo require the Municipal Treasurer to submit a report outlining specific and time-bound strategies and actions to resolve the issue on delinquent taxes, considering the legal remedies provided under Sections 258 and 260 of RA 7160.


Discover more from Cavite News

Subscribe to get the latest posts sent to your email.

cavite.news
cavite.newshttps://cavite.news
We, the people of Cavite, recognize that in order to achieve our goals and aspirations, we need to be empowered and well-informed of the news and events that affect us and our cities and towns. We need to have access to accurate, relevant, and timely information that will enable us to make informed decisions and take appropriate actions.

4 COMMENTS

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest news

Bacoor Police Arrest 8 PNP Officers in Laguna Accused of Raping Teen During Raid

BACOOR, Cavite — Eight police officers were arrested Saturday after being accused of raping a Grade 9 student and...

Kawit LGU, Sinisingil ng COA sa P3.3 Milyon na ‘Inutang’ mula sa Trust Fund

Kawit LGU, Sinisingil ng COA sa P3.3 Milyon na 'Inutang' mula sa Trust Fund KAWIT, CAVITE – Isang malaking halaga...

SM City Dasmariñas Launches “Ribbons and Rhythm,” First Leg of SM South Luzon’s Grand Musical Christmas Play

Dasmariñas, Cavite — SM City Dasmariñas officially launched SM South Luzon’s Grand Musical Play, “Ribbons and Rhythm,” on Saturday,...

Ex-Mayor ng Kawit, Cavite, pinag-utos panagutan anomaliya ng P6.2-M office supplies

Inirekomenda ng Commission on Audit (COA) sa Municipal Mayor ng Kawit Angelo Aguinaldo na ayusin ang anomaliya ng ₱6.2...
- Advertisement -spot_imgspot_img

Grab launches digital drive to boost Cavite’s rise as a Philippine tech hub

Cavite – Ride-hailing and delivery giant Grab launched a program on Tuesday to accelerate the digitalization of small businesses...

Cavite Rep. Barzaga Subpoenaed Over Sedition, Rebellion Complaints

The Department of Justice has issued a subpoena to Cavite 4th District Rep. Francisco "Kiko" Barzaga to face complaints...

Must read

New Road in Cavite Aims to Ease Congestion, Spur Development

DASMARIÑAS, Cavite— A new spur road is under construction...

Offset Shares a Video of Cardi B Giving Birth to Baby Kulture

What was expected of her was the same thing...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you