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Makati barangays to get P10 M more from tax shares
February 05, 2024
|The Philippine Star
All 23 barangays of Makati are each getting an additional P10-million share from the city's basic real property tax collection following the transfer of the 10 enlisted men's barrio or "embo" barangays to Taguig, Mayor Abby Binay said yesterday.
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Citing a report of the city accounting department, Binay said it is "expected" that the exclusion of the 10 "embo" barangays resulted in bigger allocations for the remaining 23 barangays from the city's basic real property tax collections, which recorded an increase of 17 percent, and the National Tax Allotment (NTA).
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