Revenue Generation

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Unformatted text preview: GAPO CITY - PAST & PRESENT This chapter presents an analysis of the sources of revenue for the local government of Olongapo City and their growth trends. It assesses the overall performance of different sources of revenue from 1990 to 1998. The beginning of the chapter provides a backdrop to the City of Olongapo, describing its socio economic setting. An assessment of revenue growth and the growth of different sources of revenues incorporated by the city are then discussed. 3.1 Socio Economic Profile of Olongapo Olongapo City is located at the southern region of Zambales province, on the West Coast of Central Luzon region of Philippines, 127-Km northwest of Manila. Olongapo is the only municipality with the city status in the province of Zambales (see Map Fig.3.1). The second largest town, Subic, which borders Olongapo City in the north, has one-fourth the population of Olongapo City. The city is adjacent to the former Subic naval base on the southwest, presently Subic Freeport zone, popularly known as Subic Bay Metropolitan Authority (SBMA). Topographicall...
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This document was uploaded on 01/27/2014.

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