TAGBILARAN CITY, Dec. 16 (BNT) – The shares of Internal Revenue Allotment (IRA), said to be the lifeblood of every local government units such as municipal, city and province, of Bohol have been boosted this year (2014), list from the Department of Budget and Management (DBM) obtained from the Provincial Budget and Management Office showed. The total IRA shares of these towns city and the province reach to PhP4,121,028,471 for this year from PhP3,652,365,890 billion last year.
The provincial government has a whooping IRA share of PhP1,239,816,793 billion, higher than last year’s PhP1,099,549,321 and this city will have PhP260,307,892 million from PhP230,494,591. The municipality of Ubay got a bigger share of PhP124,163,238 million from PhP109,927,779 in 2013 or an increase of PhP14,235,459 million from among the 47 towns. The lowest IRA shares go to the town of Sikatuna, PhP30,643,233 from PhP27,194,769 in 2013; Corella, PhP31,737,582 from PhP28,141,811; San Isidro, PhP35,404,135 from PhP31,382,254; Lila, PhP36,498,692 from PhP32,351,355; and Alburquerque, PhP33,210,529 from PhP29,462,122 million.
Following Ubay town is Talibon with PhP99,382,389 from last year’s PhP88,185,256; Carmen, PhP88,783,391 from PhP78,618,925; Inabanga, PhP81,860,510 from PhP72,522,903; Loon, PhP76,174,609 from PhP67,511,511; and Tubigon, PhP74,848,485 from PhP66,284,421. The town of Trinidad will get PhP68,845,623 from PhP60,946,356; Getafe, PhP66,433,816 from PhP58,839,588; Jagna, PhP65,949,243 from PhP58,436,000; Guindulman, PhP65,161,545 from PhP57,684,380; and Dauis, PhP65,395,909 from PhP57,917,412.
Other towns’ shares are as follows: Alicia will have P54,304,681 for this year from PhP48,093,645 in 2013; Anda, PhP43,656,439 from PhP38,678,689; Antequera, PhP46,731,797 from PhP41,412,603; Baclayon, PhP42,855,344 from PhP37,977,409; Balilihan, PhPP50,315,862 from PhP44,579,560; Batuan, PhP38,012,055 from PhP33,718,577; Bien-Unido, PhP50,225,198 from PhP44,564,899; Bilar, PhP50,680,614 from PhP44,922,958; and Buenavista, PhP59,163,838 from PhP52,589,140.
Calape tow, PhP58,890,496 for 2014 from PhP52,171,986; Candijay, PhP60,415,930 from PhP53,518,442; Catigbian, PhP54,627,232 from PhP48,381,080; Clarin, PhP46,343,764 from PhP41,068,160; Cortes, PhP38,787227 from PhP34,389,481; Dagohoy, PhP47,174,916 from PhP41,786,513; Danao, PhP54,376,731 from PhP48,147,472; Dimaio, PhP49,123,913 from PhP43,530,942; Duero, PhP47,833,988 from PhP42,380,273; G-Hernandez, hP56,615,201 from PhP50,168,553; and Loay, PhP41,955,251 from PhP37,207,755.
Loboc town, PhP43,011,728 from PhP38,153,044; Mabini, PhP59,418,567 from PhP52,610,860; Maribojoc, PhP46,287,279 from PhP41,019,173; Panglao, Php54,492,167 from PhP48,266,856; Pilar, Php59,793,057 from PhP52,963,349; Pres. Carlos Garcia, Php49,737,150 from PhP44,072,045; Sagbayan, PhP47,765,287 from PhP42,319,040; San Miguel, Php56,397,563 from PhP49,933,520; Sevilla, PhP42,278,880 from PhP 37,465,490; Sierra-Bullones, PhP65,024,393 from PhP57,581,469; and Valencia, PhP60,114,309 from PhP53,242,153.
The Loccal Government Code of 1991, provides “40% of Bureau of Internal Revenue’s annual collection goes to LGUs.” This is being divided into: 23% for the provinces, 23% for cities, 34% for municipalities, and 20% for barangays.”
Every IRA share is divided in the manner: “50% according to population; 25%, land area; 25%, equal sharing. Allocations for barangays, on the other hand, are determined through population (60%) and equal sharing (40%).” IRA, according to DBM, is the source of the so-called 20% development fund of every LGU for defined development projects.
Accordingly, the total IRA is divided for 42,028 Barangays; 1,491 municipalities; 143 cities, and 80 provinces in the entire country based on National Statistics Coordination Board, reports said. The increase (IRA share) is reportedly due to the of efficient tax collection of the national government in collaboration with the LGUs.