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Manila Bulletin devider Philippines devider Metro Manila devider Parañaque LGU cited by DOF-BLGF

Parañaque LGU cited by DOF-BLGF

Published Nov 2, 2024 04:34 am
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Parañaque City treasurer Dr. Anthony Pulmano (Photo from Parañaque PIO)

Parañaque City Mayor Eric Olivarez said the Department of Finance-Bureau of Local Government Finance (DOF-BLGF) has recognized the city government for its commitment and effectiveness in revenue generation and resource mobilization.

City treasurer Dr. Anthony Pulmano said the DOF-BLGF awarded the city government with the following: Top 6 for Locally Sourced Revenue for fiscal year 2022 and 2023 among all the cities in the country; Top 6 for Local Source Revenue to total current operating income for fiscal year 2022; Top 8 among all cities in the country; and Top 7 Year-on-Year Growth in Local Source Income for fiscal year 2023 among all highly urbanized cities in the country.

Pulmano explained that in fulfillment of its mandate to monitor local fiscal and financial performances, the DOF-BLGF takes initiative to give due recognition to top performing provinces, cities, and municipalities towards economic development and sustainability.

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