Leyte town sets PHP18-M local revenue target

CARIGARA, Leyte, Feb. 11 (PNA) –- This town targets PHP18 million local revenue this 2016, which is a "reachable" goal, according to a top local government official.

Mayor Eduardo C. Ong said that with the steadily increasing income every year, the PHP18 million goal is possible for their local revenue. It was learned that the local revenue has been steadily increasing 15 to 20 percent every year.

Local income primarily comes from businesses and other commercial investments established in the town during the past years.

Ong said that their local market and business area continue to grow with the entry of more establishments and franchises. Newly opened businesses include a hotel, cafes, bakeshop, ‘do-it-yourself’ hardware, home furniture shop, gasoline station, bank, pizza house and a number of other establishments.

The local government unit itself opened during the latter part of 2015 a new wet market which provides a more spacious area for meat and fish vendors.

Meanwhile, now in the pipeline is the opening of more gasoline stations, nationwide franchised drug store, a hyper mall and another bank.

Ong said that all these resources can buoy up their local revenue target this year.

“Rather than post a target that is way above our capacity, I would rather set a ‘workable’ revenue target that we can actually achieve or even surpass,” Ong added.

He likewise vowed to continue all the programs he started since July 2013 for he believed that the town has been on track with all the development.

Carigara is a second class town in Leyte’s second district. It has always been commercially active as it served as a commercial center for nearby towns such as Capoocan, Barugo, Tunga and Jaro. (PNA)
LAP/SQM/AHLETTE C. REYES