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

Three candidates to vie in Dasmariรฑas special congressional election

DASMARIร‘AS CITY, Cavite โ€” Three candidates will compete in the special election for the lone congressional district of Dasmariรฑas...

Century-Old Kaibigan Bakery in Tanza Halts Operations Amid Fake Product Issues

TANZA, Cavite โ€” Kaibigan Bakery, one of Cavite's most iconic bakeries, has temporarily suspended its operations and deliveries until...

Silang Market Shopper Loses โ‚ฑ20,000 Cash to Pickpocket

SILANG, Cavite โ€” A woman shopping at the Silang Public Market was robbed by a pickpocket Sunday at around...

7 Nonagenarians Receive Cash Incentive from Rosario LGU

SEVEN NONAGENARIANS RECEIVE CASH INCENTIVE, RECOGNITION FROM ROSARIO TOWN GOVERNMENT ROSARIO, Cavite โ€” Seven senior citizens who turned 90 years...
- Advertisement -spot_imgspot_img

Suspect in Series of Silang Public Market Thefts Arrested

SUSPECT ARRESTED IN SERIES OF SILANG PUBLIC MARKET THEFTS SILANG, Cavite โ€” Police arrested a man suspected of carrying out...

SM Nuvali on Track to Open Before End of 2026, Bringing New Opportunities to South Luzon

SANTA ROSA, Laguna โ€” Residents of Laguna, Cavite, and nearby provinces can look forward to a new shopping and...

Must read

SM Retail to Hold Job Fair in Dasmariรฑas on May 27

DASMARIร‘AS CITY, Cavite โ€” SM Retail will hold a...

30 tons of vegetables distributed free in Imus as aid to Benguet farmers

30 tons of vegetables distributed free in Imus as...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you