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Unformatted text preview: ds or sworn statements by the owners, both of which are susceptible
to under reporting. Furthermore, there is apparently not enough coordination or consistent
exchange of information between the local land assessment office and the registry of deeds,
which is a central government department.
Delays in Billing
Billing of property tax and most other taxes has to take place by January 31. The
billing is carried out simultaneously, which creates a resource crunch in staff. The bills do
not get dispatched on time. Although the LGC 1991 provides for coordinating with
barangay treasurers to assist in billing and collection of property tax, there appears to be
much more room for systematic involvement and communication to seek their assistance in
Infrequeng of Reassessment and Revaluation
An assessment of the fair market value was last done in 1994 and based on it the
assessment value per parcel increased by 100 percent while the assessment for building
remained constant. The statute requires reassessment every three years and annual updates
of the tax roll. Infrequent reassessment result in enormou...
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This document was uploaded on 01/27/2014.
- Winter '13