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

Maynilad water rates to rise in October

Water rates for Maynilad customers in Bacoor, Imus, Cavite City, Kawit, Noveleta and Rosario will increase starting Oct. 1,...

Free chemotherapy center opens in Tanza, Cavite

TANZA, Cavite โ€” A chemotherapy center offering free treatment for cancer patients is now operating in Tanza, aiming to...

CIDG seizes 16,492 sacks of suspected illegal imported rice in Cavite warehouse

NAIC, Cavite โ€” Authorities seized about 20 million pesos worth of suspected illegal imported rice in a raid on...

Cavite police stop student from jumping off bridge in Tanza

TANZA, Cavite โ€” Mobile force officers stopped a student who tried to jump off a bridge along Antero Soriano...
- Advertisement -spot_imgspot_img

Silang, Cavite police officer wins silver at Shotgun World Shoot in Greece

SILANG, Cavite โ€” Police Lt. Col. Andrea "Andeng" Dela Cerna of Silang won a silver medal with Team Philippines...

Dasmariรฑas tops Cavite’s richest local governments; Carmona posts biggest asset growth

Dasmariรฑas tops Cavite's richest local governments; Carmona posts biggest asset growth DASMARIร‘AS CITY, Cavite โ€” Dasmariรฑas City ranked first among...

Must read

High power bills push Caviteรฑos to turn to solar energy

CAVITE, Philippines โ€” Soaring electricity bills are driving more...

General Trias opens new Unity Park and Civic Center as latest green urban development

GENERAL TRIAS CITY OPENS NEW UNITY PARK AND CIVIC...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you