Fiscal Management

For the last six (6) years, the total income of the municipality which covers the locally generated income and the Internal Revenue Allotment (IRA) is growing at an average rate of seven percent. From the Php60 Million income in 2008, it raised to Php84 million in 2013 with an increase of 40%.  The increase was attributed to the consistent increase in allocation of the municipality’s Internal Revenue Allotment except in 2012 were IRA declined by around three percent (Figure 19).