The Sangguniang Panlungsod of Bacolod City will hold special sessions starting tomorrow to discuss the Revised Revenue Code of Bacolod City, Acting Bacolod Vice Mayor El Cid Familiaran said yesterday.
Familiaran said they have scheduled the special sessions on Tuesday and Thursday but since the Department of Interior and Local Government has requested them to move their regular session from Wednesday to Friday, they may also have a special session on Wednesday for the Revised Revenue Code. He said some members of Council want some clarification on certain issues regarding the Local Revenue Code so this can be discussed during the special sessions. Bacolod Mayor Evelio Leonradia, had appealed to the SP, during his State of the City Address, for the early passage of the Revised Revenue Code and said that it is essential for the Code to take effect by January 1, 2012 because it will have a definite bearing on the city’s revenue collection for the next budget year. Leonardia also appealed to the business community and the general public to accept the revision of the Local Revenue Code in the light of realities that it is long overdue. The Code was last amended in 1993, or 18 years ago, he added. Leonardia said other cities of similar stature as Bacolod had amended their Revenue Code three or more times in the last 18 years while Bacolod has never done so. “We need more resources now to provide for the growing needs of our fast growing city,” he said. The amendment of the Local Revenue Code has become even more imperative today in the light of the “double whammy” that is sure to hit Bacolod and all other cities because of the creation of 16 new cities and the reduction of the national revenue collection three years ago which is the basis of the city’s Internal Revenue Allotment, Leonardia said. CHRYSEE SAMILLANO Visayan Daily Star
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