Cebu City is still a few years away from realizing Mayor Michael Rama’s “Singapore-like” dream. City Treasurer Mare Vae Reyes said the City Treasurer’s Office has collected a gross amount of P7,556,320,087.76 as of October, but this is not yet the net income. The City failed to implement a revised Real Property Tax (RPT) Code, among other revenue measures.
Out of the top 10 richest cities in the nation, Davao City was the sole city that faced scrutiny for potentially inappropriate use of its development fund, a 2022 COA report shows
Richest cities in PH get clean records on audit compliance, malaya.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaya.com.ph Daily Mail and Mail on Sunday newspapers.