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The city has also attempted to improve collection by

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Unformatted text preview: only 4 percent of its income from property tax, while the average for Philippines is 25 percent' 9 . Given the basic tax structure of the tax base and the tax rate, the amount of revenue collection is determined by tax administration and tax collection efficiency. Collection efficiency in Olongapo is as low as 25 percent (Table 4.1). Table 4.1 also shows a 138 percent increase from 1994 to 1995 in the assessed value per parcel followed by a further 10 percent increase in the subsequent year and remaining more or less the same since 1995. The assessed value per building increased by 49 percent from 1993 to 1994 and has remained steady. While assessments have more than doubled, the collection has lagged behind until 1997, when collection almost doubled. This increase was due to the Local Government auctioning three delinquent properties in 1997. This resulted in increased compliance from taxpayers. In order to increase revenue generation there is a need to further improve tax collection efforts along...
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