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NOW is the right time to create one agency that will focus on the water sector, considering the current threat of El Niño and other ongoing issues regarding water.Sen. Imee Marcos, during her interview on SunStar Cebu’s news and commentary program Beyond the Headlines on Sunday, March 10, 2024, pointed out that there are more than 40 agencies handling water matters and hundreds of water districts across the country, yet the volume of water flowing through the consumers’ faucets is limited.Agencies that handle water include the Bureau of Soils and Water Management, River Management, Flood Control Management, Local Water Utilities Administration, National Irrigation Administration and the National Wastewater Surveillance System, among others. She said water districts have been pushing for a rate increase, but the water is not flowing.“It’s time to look once again at systemic issues. Ang gulo talaga, eh,” said Marcos. The senator said she has a pending bill that is pushing the National Government to create one agency that will mandate the handling and use of water, or at least mandate the agencies to complement or assist each other.Marcos said previous chief executives had called for the creation of a Department of Water to streamline all agencies that handle water sector. “We really have to get our act together. Magulo (ang) maraming (Having so many agencies is chaotic) agencies, yet no water at all,” she said.Her plans were welcomed by Metropolitan Cebu Water District (MCWD) chairman Jose Daluz III, who agreed with the senator.Daluz, in a Viber message on Sunday, said it is high time for the National Government to prioritize and address issues involving water as the matter is no longer a local problem, but a global concern. “Lack of clean water will be (an) important issue that will impact the near future,” he said.In previous report of SunStar Cebu, Ronilo Balbeiran, a professor and an economist, said the El Niño phenomenon would be the country’s “biggest risk for 2024,” as extreme weather conditions could constrain the supply of rain-driven agricultural commodities that could lead to higher food prices and inflation. In February, the country’s El Niño Task Force reported that 41 provinces were affected by the El Niño, with 17 provinces experiencing dry conditions and 10 provinces experiencing dry spells. The other 14 provinces were experiencing drought. The weather bureau Pagasa Visayas reported last January that Cebu and 10 other provinces in the Visayas were feeling the effects of the El Niño. Pagasa Visayas chief Alfredo Quiblat Jr. said 10 of the 11 provinces in the Visayas were experiencing dry conditions. Only Negros Occidental in Western Visayas was under a dry spell. According to the Pagasa website, dry condition refers to two consecutive months of below normal rainfall conditions, or a drop of 21 percent to 60 percent, while dry spell refers to three consecutive months of below normal rainfall conditions, or a drop of 21 percent to 60 percent, or two months of way below normal rainfall, or a drop of more than 60 percent. A drought refers to five consecutive months of way below normal rainfall, or a drop of more than 60 percent. / JJL Online Sports Betting in the Philippines Reviews Philippines Cebu City Mayor Michael Rama wants the fair market value in the revised real property tax (RPT) ordinance to reflect the current rate, despite calls from businessmen to stagger its implementation.“Pass the law, and we can discuss the implementing rules after,” Rama said over Cebu City Hall’s online program “Ingna’ng Mayor” on Thursday, Feb. 29, 2024.As the mayor of the City of Cebu, Rama said he wants it approved.On Tuesday, Feb. 27, Rama urged the City Council to pass the ordinance pertaining to the revised RPT before the end of this month.However, City Councilor Noel Eleuterio Wenceslao, chairman of the committee on budget and finance, said he still needs to meet the other councilors to discuss the matter and reach a consensus.Wenceslao said jumping to final deliberations without having the stance of the majority might simply defer the ordinance.In his point of view as a lawyer, Rama argued that implementing rules may be deferred within reasonable time to allow those affected to adjust their operational and financial management.“But let the fair market value already be back to what it is at the current time,” Rama said.Rama found it unfair that property owners have enjoyed paying taxes based on the value 20 years ago.The RPT Code of Cebu City was last revised in 2002.“Ang yuta bayran na unta (The tax paid on real estate should be) on the present value,” Rama said.He said it is the rich’s corporate social responsibility to share by paying the right amount of taxes.ReactionOn Saturday, Cebu Chamber of Commerce and Industry (CCCI) president Jay Yuvallos said they are proactively working with the mayor, his team and the City Council on this. On the matter of the fair market valuation, he said they hope that it will reflect a truthful and realistic value. “Certainly not based on speculation (bloated), a reflection of a fair value will also protect the land owner,” he said. He said the mayor has also intimated that the implementation will be on a staggered basis. “What is important and the clamor of everyone is that the increase will be gradual so that it becomes affordable. This is subject to a more thorough discussion when we get there,” he said, adding: “We also take cognizance of the fact that they need revenues to finance projects which we also want to see very soon, especially infrastructure projects that can significantly impact the lives of every Cebuano.”Yuvallos said the goal of the chamber is to help its members and the business community in general to expand and grow business. “This will in effect widen the tax base (not only RPT) as a source of revenue for the City. We will work with the City on the ‘Ease of Doing Business’ and helping promote a Business-Friendly Cebu City as what the mayor wanted to espouse,” he said. He said the CCCI will introduce programs that will encourage expansion and investments into the city and promote global competitiveness of the enterprises in Cebu.Proposed ordinanceUnder the proposed ordinance, the formula for deriving the total tax due as explained during the public hearing Friday is getting first the market value of the property. This can be determined by multiplying the land area by the fair market value (FMV).Skyrocketing taxesAfterwards, the market value will be multiplied by the assessment level, which will generate the assessed value. Then, the assessed value will be multiplied by the three percent tax rate. The result is the total tax due.For instance, a 1,493-square-meter commercial property in the Cebu IT Park with a current tax due of P26,874 will have a tax due of P895,800 once the updated tax ordinance gets implemented.Similarly, a portion of Cebu Business Park under the jurisdiction of Barangay Hipodromo will see its FMV shoot up to P245,000 from P16,300 per square meter, significantly affecting the RPT that Ayala Land will have to cough up if the measure is approved.In the proposed RPT ordinance, the market value of properties in some prime locations in Cebu City is expected to increase from 200 to 3,200 percent. Mayor Rama urged the passage of the RPT Code in order to raise funds to realize the objectives of his administration like the Gubat sa Baha (War against Flooding) and other projects like the transitional housing that will house the families affected by the clearing of three-meter easement zones.On Cebu City Hall’s online program “Pagtuki, Pagsusi, Pagsuta” on Wednesday, Feb. 28, City Budget Officer Jerone Castillo said P600 million is intended for the design and construction of 600 transitional housing units for the first phase of the project.The P600 million is one of the items in the first supplemental budget that the executive department has requested the council to approve this year.Other items include budget allocations for the Palarong Pambansa, Charter day bonus, and adjustments for the City Council.

Cebu City Mayor Michael Rama wants the fair market value in the revised real property tax (RPT) ordinance to reflect the current rate, despite calls from businessmen to stagger its implementation.“Pass the law, and we can discuss the implementing rules after,” Rama said over Cebu City Hall’s online program “Ingna’ng Mayor” on Thursday, Feb. 29, 2024.As the mayor of the City of Cebu, Rama said he wants it approved.On Tuesday, Feb. 27, Rama urged the City Council to pass the ordinance pertaining to the revised RPT before the end of this month.However, City Councilor Noel Eleuterio Wenceslao, chairman of the committee on budget and finance, said he still needs to meet the other councilors to discuss the matter and reach a consensus.Wenceslao said jumping to final deliberations without having the stance of the majority might simply defer the ordinance.In his point of view as a lawyer, Rama argued that implementing rules may be deferred within reasonable time to allow those affected to adjust their operational and financial management.“But let the fair market value already be back to what it is at the current time,” Rama said.Rama found it unfair that property owners have enjoyed paying taxes based on the value 20 years ago.The RPT Code of Cebu City was last revised in 2002.“Ang yuta bayran na unta (The tax paid on real estate should be) on the present value,” Rama said.He said it is the rich’s corporate social responsibility to share by paying the right amount of taxes.ReactionOn Saturday, Cebu Chamber of Commerce and Industry (CCCI) president Jay Yuvallos said they are proactively working with the mayor, his team and the City Council on this. On the matter of the fair market valuation, he said they hope that it will reflect a truthful and realistic value. “Certainly not based on speculation (bloated), a reflection of a fair value will also protect the land owner,” he said. He said the mayor has also intimated that the implementation will be on a staggered basis. “What is important and the clamor of everyone is that the increase will be gradual so that it becomes affordable. This is subject to a more thorough discussion when we get there,” he said, adding: “We also take cognizance of the fact that they need revenues to finance projects which we also want to see very soon, especially infrastructure projects that can significantly impact the lives of every Cebuano.”Yuvallos said the goal of the chamber is to help its members and the business community in general to expand and grow business. “This will in effect widen the tax base (not only RPT) as a source of revenue for the City. We will work with the City on the ‘Ease of Doing Business’ and helping promote a Business-Friendly Cebu City as what the mayor wanted to espouse,” he said. He said the CCCI will introduce programs that will encourage expansion and investments into the city and promote global competitiveness of the enterprises in Cebu.Proposed ordinanceUnder the proposed ordinance, the formula for deriving the total tax due as explained during the public hearing Friday is getting first the market value of the property. This can be determined by multiplying the land area by the fair market value (FMV).Skyrocketing taxesAfterwards, the market value will be multiplied by the assessment level, which will generate the assessed value. Then, the assessed value will be multiplied by the three percent tax rate. The result is the total tax due.For instance, a 1,493-square-meter commercial property in the Cebu IT Park with a current tax due of P26,874 will have a tax due of P895,800 once the updated tax ordinance gets implemented.Similarly, a portion of Cebu Business Park under the jurisdiction of Barangay Hipodromo will see its FMV shoot up to P245,000 from P16,300 per square meter, significantly affecting the RPT that Ayala Land will have to cough up if the measure is approved.In the proposed RPT ordinance, the market value of properties in some prime locations in Cebu City is expected to increase from 200 to 3,200 percent. Mayor Rama urged the passage of the RPT Code in order to raise funds to realize the objectives of his administration like the Gubat sa Baha (War against Flooding) and other projects like the transitional housing that will house the families affected by the clearing of three-meter easement zones.On Cebu City Hall’s online program “Pagtuki, Pagsusi, Pagsuta” on Wednesday, Feb. 28, City Budget Officer Jerone Castillo said P600 million is intended for the design and construction of 600 transitional housing units for the first phase of the project.The P600 million is one of the items in the first supplemental budget that the executive department has requested the council to approve this year.Other items include budget allocations for the Palarong Pambansa, Charter day bonus, and adjustments for the City Council. Is Philippines good at basketball? A SPECIAL Action Force (SAF) trooper was wounded in an armed encounter against suspected communist terrorist rebels in Camarines Sur on Saturday, April 6, 2024.Philippine National Police-SAF director Major General Bernard Banac said members of the SAF 5th Company, 9th Special Action Battalion in Bicol were figured in an armed encounter for about 15 minutes with more or less 15 suspected members of the lawless Communist Terrorist Group in Barangay Agao-ao in Ragay town at about 10:50 a.m.Wounded in the encounter was Corporal Jayson Jalvez, who was hit by a bullet in his left hand. He was immediately given first aid and was brought to a hospital.Recovered from the firefight scene were M16 magazines loaded with 5.56 ammunition, a caliber 45 pistol, improvised explosive device components, and other personal items left behind by fleeing suspects. Banac said a hot pursuit operation was activated against the suspects.“Investigation will be conducted to determine identities of the suspects for filing of criminal charges. At the moment, the situation is now under control but troops remain alert and vigilant,” he said. (TPM/SunStar Philippines)

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A SPECIAL Action Force (SAF) trooper was wounded in an armed encounter against suspected communist terrorist rebels in Camarines Sur on Saturday, April 6, 2024.Philippine National Police-SAF director Major General Bernard Banac said members of the SAF 5th Company, 9th Special Action Battalion in Bicol were figured in an armed encounter for about 15 minutes with more or less 15 suspected members of the lawless Communist Terrorist Group in Barangay Agao-ao in Ragay town at about 10:50 a.m.Wounded in the encounter was Corporal Jayson Jalvez, who was hit by a bullet in his left hand. He was immediately given first aid and was brought to a hospital.Recovered from the firefight scene were M16 magazines loaded with 5.56 ammunition, a caliber 45 pistol, improvised explosive device components, and other personal items left behind by fleeing suspects. Banac said a hot pursuit operation was activated against the suspects.“Investigation will be conducted to determine identities of the suspects for filing of criminal charges. At the moment, the situation is now under control but troops remain alert and vigilant,” he said. (TPM/SunStar Philippines) Is Philippines good at basketball? NOW is the right time to create one agency that will focus on the water sector, considering the current threat of El Niño and other ongoing issues regarding water.Sen. Imee Marcos, during her interview on SunStar Cebu’s news and commentary program Beyond the Headlines on Sunday, March 10, 2024, pointed out that there are more than 40 agencies handling water matters and hundreds of water districts across the country, yet the volume of water flowing through the consumers’ faucets is limited.Agencies that handle water include the Bureau of Soils and Water Management, River Management, Flood Control Management, Local Water Utilities Administration, National Irrigation Administration and the National Wastewater Surveillance System, among others. She said water districts have been pushing for a rate increase, but the water is not flowing.“It’s time to look once again at systemic issues. Ang gulo talaga, eh,” said Marcos. The senator said she has a pending bill that is pushing the National Government to create one agency that will mandate the handling and use of water, or at least mandate the agencies to complement or assist each other.Marcos said previous chief executives had called for the creation of a Department of Water to streamline all agencies that handle water sector. “We really have to get our act together. Magulo (ang) maraming (Having so many agencies is chaotic) agencies, yet no water at all,” she said.Her plans were welcomed by Metropolitan Cebu Water District (MCWD) chairman Jose Daluz III, who agreed with the senator.Daluz, in a Viber message on Sunday, said it is high time for the National Government to prioritize and address issues involving water as the matter is no longer a local problem, but a global concern. “Lack of clean water will be (an) important issue that will impact the near future,” he said.In previous report of SunStar Cebu, Ronilo Balbeiran, a professor and an economist, said the El Niño phenomenon would be the country’s “biggest risk for 2024,” as extreme weather conditions could constrain the supply of rain-driven agricultural commodities that could lead to higher food prices and inflation. In February, the country’s El Niño Task Force reported that 41 provinces were affected by the El Niño, with 17 provinces experiencing dry conditions and 10 provinces experiencing dry spells. The other 14 provinces were experiencing drought. The weather bureau Pagasa Visayas reported last January that Cebu and 10 other provinces in the Visayas were feeling the effects of the El Niño. Pagasa Visayas chief Alfredo Quiblat Jr. said 10 of the 11 provinces in the Visayas were experiencing dry conditions. Only Negros Occidental in Western Visayas was under a dry spell. According to the Pagasa website, dry condition refers to two consecutive months of below normal rainfall conditions, or a drop of 21 percent to 60 percent, while dry spell refers to three consecutive months of below normal rainfall conditions, or a drop of 21 percent to 60 percent, or two months of way below normal rainfall, or a drop of more than 60 percent. A drought refers to five consecutive months of way below normal rainfall, or a drop of more than 60 percent. / JJL

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NOW is the right time to create one agency that will focus on the water sector, considering the current threat of El Niño and other ongoing issues regarding water.Sen. Imee Marcos, during her interview on SunStar Cebu’s news and commentary program Beyond the Headlines on Sunday, March 10, 2024, pointed out that there are more than 40 agencies handling water matters and hundreds of water districts across the country, yet the volume of water flowing through the consumers’ faucets is limited.Agencies that handle water include the Bureau of Soils and Water Management, River Management, Flood Control Management, Local Water Utilities Administration, National Irrigation Administration and the National Wastewater Surveillance System, among others. She said water districts have been pushing for a rate increase, but the water is not flowing.“It’s time to look once again at systemic issues. Ang gulo talaga, eh,” said Marcos. The senator said she has a pending bill that is pushing the National Government to create one agency that will mandate the handling and use of water, or at least mandate the agencies to complement or assist each other.Marcos said previous chief executives had called for the creation of a Department of Water to streamline all agencies that handle water sector. “We really have to get our act together. Magulo (ang) maraming (Having so many agencies is chaotic) agencies, yet no water at all,” she said.Her plans were welcomed by Metropolitan Cebu Water District (MCWD) chairman Jose Daluz III, who agreed with the senator.Daluz, in a Viber message on Sunday, said it is high time for the National Government to prioritize and address issues involving water as the matter is no longer a local problem, but a global concern. “Lack of clean water will be (an) important issue that will impact the near future,” he said.In previous report of SunStar Cebu, Ronilo Balbeiran, a professor and an economist, said the El Niño phenomenon would be the country’s “biggest risk for 2024,” as extreme weather conditions could constrain the supply of rain-driven agricultural commodities that could lead to higher food prices and inflation. In February, the country’s El Niño Task Force reported that 41 provinces were affected by the El Niño, with 17 provinces experiencing dry conditions and 10 provinces experiencing dry spells. The other 14 provinces were experiencing drought. The weather bureau Pagasa Visayas reported last January that Cebu and 10 other provinces in the Visayas were feeling the effects of the El Niño. Pagasa Visayas chief Alfredo Quiblat Jr. said 10 of the 11 provinces in the Visayas were experiencing dry conditions. Only Negros Occidental in Western Visayas was under a dry spell. According to the Pagasa website, dry condition refers to two consecutive months of below normal rainfall conditions, or a drop of 21 percent to 60 percent, while dry spell refers to three consecutive months of below normal rainfall conditions, or a drop of 21 percent to 60 percent, or two months of way below normal rainfall, or a drop of more than 60 percent. A drought refers to five consecutive months of way below normal rainfall, or a drop of more than 60 percent. / JJL, check the following table to see what categories most online casinos in the Philippines fit in.

Cebu City Mayor Michael Rama wants the fair market value in the revised real property tax (RPT) ordinance to reflect the current rate, despite calls from businessmen to stagger its implementation.“Pass the law, and we can discuss the implementing rules after,” Rama said over Cebu City Hall’s online program “Ingna’ng Mayor” on Thursday, Feb. 29, 2024.As the mayor of the City of Cebu, Rama said he wants it approved.On Tuesday, Feb. 27, Rama urged the City Council to pass the ordinance pertaining to the revised RPT before the end of this month.However, City Councilor Noel Eleuterio Wenceslao, chairman of the committee on budget and finance, said he still needs to meet the other councilors to discuss the matter and reach a consensus.Wenceslao said jumping to final deliberations without having the stance of the majority might simply defer the ordinance.In his point of view as a lawyer, Rama argued that implementing rules may be deferred within reasonable time to allow those affected to adjust their operational and financial management.“But let the fair market value already be back to what it is at the current time,” Rama said.Rama found it unfair that property owners have enjoyed paying taxes based on the value 20 years ago.The RPT Code of Cebu City was last revised in 2002.“Ang yuta bayran na unta (The tax paid on real estate should be) on the present value,” Rama said.He said it is the rich’s corporate social responsibility to share by paying the right amount of taxes.ReactionOn Saturday, Cebu Chamber of Commerce and Industry (CCCI) president Jay Yuvallos said they are proactively working with the mayor, his team and the City Council on this. On the matter of the fair market valuation, he said they hope that it will reflect a truthful and realistic value. “Certainly not based on speculation (bloated), a reflection of a fair value will also protect the land owner,” he said. He said the mayor has also intimated that the implementation will be on a staggered basis. “What is important and the clamor of everyone is that the increase will be gradual so that it becomes affordable. This is subject to a more thorough discussion when we get there,” he said, adding: “We also take cognizance of the fact that they need revenues to finance projects which we also want to see very soon, especially infrastructure projects that can significantly impact the lives of every Cebuano.”Yuvallos said the goal of the chamber is to help its members and the business community in general to expand and grow business. “This will in effect widen the tax base (not only RPT) as a source of revenue for the City. We will work with the City on the ‘Ease of Doing Business’ and helping promote a Business-Friendly Cebu City as what the mayor wanted to espouse,” he said. He said the CCCI will introduce programs that will encourage expansion and investments into the city and promote global competitiveness of the enterprises in Cebu.Proposed ordinanceUnder the proposed ordinance, the formula for deriving the total tax due as explained during the public hearing Friday is getting first the market value of the property. This can be determined by multiplying the land area by the fair market value (FMV).Skyrocketing taxesAfterwards, the market value will be multiplied by the assessment level, which will generate the assessed value. Then, the assessed value will be multiplied by the three percent tax rate. The result is the total tax due.For instance, a 1,493-square-meter commercial property in the Cebu IT Park with a current tax due of P26,874 will have a tax due of P895,800 once the updated tax ordinance gets implemented.Similarly, a portion of Cebu Business Park under the jurisdiction of Barangay Hipodromo will see its FMV shoot up to P245,000 from P16,300 per square meter, significantly affecting the RPT that Ayala Land will have to cough up if the measure is approved.In the proposed RPT ordinance, the market value of properties in some prime locations in Cebu City is expected to increase from 200 to 3,200 percent. Mayor Rama urged the passage of the RPT Code in order to raise funds to realize the objectives of his administration like the Gubat sa Baha (War against Flooding) and other projects like the transitional housing that will house the families affected by the clearing of three-meter easement zones.On Cebu City Hall’s online program “Pagtuki, Pagsusi, Pagsuta” on Wednesday, Feb. 28, City Budget Officer Jerone Castillo said P600 million is intended for the design and construction of 600 transitional housing units for the first phase of the project.The P600 million is one of the items in the first supplemental budget that the executive department has requested the council to approve this year.Other items include budget allocations for the Palarong Pambansa, Charter day bonus, and adjustments for the City Council. Online Sports Betting in the Philippines Reviews . How varied could the best PH online casino free spins bonuses be? 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NOW is the right time to create one agency that will focus on the water sector, considering the current threat of El Niño and other ongoing issues regarding water.Sen. Imee Marcos, during her interview on SunStar Cebu’s news and commentary program Beyond the Headlines on Sunday, March 10, 2024, pointed out that there are more than 40 agencies handling water matters and hundreds of water districts across the country, yet the volume of water flowing through the consumers’ faucets is limited.Agencies that handle water include the Bureau of Soils and Water Management, River Management, Flood Control Management, Local Water Utilities Administration, National Irrigation Administration and the National Wastewater Surveillance System, among others. She said water districts have been pushing for a rate increase, but the water is not flowing.“It’s time to look once again at systemic issues. Ang gulo talaga, eh,” said Marcos. The senator said she has a pending bill that is pushing the National Government to create one agency that will mandate the handling and use of water, or at least mandate the agencies to complement or assist each other.Marcos said previous chief executives had called for the creation of a Department of Water to streamline all agencies that handle water sector. “We really have to get our act together. Magulo (ang) maraming (Having so many agencies is chaotic) agencies, yet no water at all,” she said.Her plans were welcomed by Metropolitan Cebu Water District (MCWD) chairman Jose Daluz III, who agreed with the senator.Daluz, in a Viber message on Sunday, said it is high time for the National Government to prioritize and address issues involving water as the matter is no longer a local problem, but a global concern. “Lack of clean water will be (an) important issue that will impact the near future,” he said.In previous report of SunStar Cebu, Ronilo Balbeiran, a professor and an economist, said the El Niño phenomenon would be the country’s “biggest risk for 2024,” as extreme weather conditions could constrain the supply of rain-driven agricultural commodities that could lead to higher food prices and inflation. In February, the country’s El Niño Task Force reported that 41 provinces were affected by the El Niño, with 17 provinces experiencing dry conditions and 10 provinces experiencing dry spells. The other 14 provinces were experiencing drought. The weather bureau Pagasa Visayas reported last January that Cebu and 10 other provinces in the Visayas were feeling the effects of the El Niño. Pagasa Visayas chief Alfredo Quiblat Jr. said 10 of the 11 provinces in the Visayas were experiencing dry conditions. Only Negros Occidental in Western Visayas was under a dry spell. According to the Pagasa website, dry condition refers to two consecutive months of below normal rainfall conditions, or a drop of 21 percent to 60 percent, while dry spell refers to three consecutive months of below normal rainfall conditions, or a drop of 21 percent to 60 percent, or two months of way below normal rainfall, or a drop of more than 60 percent. A drought refers to five consecutive months of way below normal rainfall, or a drop of more than 60 percent. / JJL Is Philippines good at basketball? . It’s always a good idea to take your time and make sure you’ve found the best online casino in the Philippines on the online gambling market that can give you what you want.

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Cebu City Mayor Michael Rama wants the fair market value in the revised real property tax (RPT) ordinance to reflect the current rate, despite calls from businessmen to stagger its implementation.“Pass the law, and we can discuss the implementing rules after,” Rama said over Cebu City Hall’s online program “Ingna’ng Mayor” on Thursday, Feb. 29, 2024.As the mayor of the City of Cebu, Rama said he wants it approved.On Tuesday, Feb. 27, Rama urged the City Council to pass the ordinance pertaining to the revised RPT before the end of this month.However, City Councilor Noel Eleuterio Wenceslao, chairman of the committee on budget and finance, said he still needs to meet the other councilors to discuss the matter and reach a consensus.Wenceslao said jumping to final deliberations without having the stance of the majority might simply defer the ordinance.In his point of view as a lawyer, Rama argued that implementing rules may be deferred within reasonable time to allow those affected to adjust their operational and financial management.“But let the fair market value already be back to what it is at the current time,” Rama said.Rama found it unfair that property owners have enjoyed paying taxes based on the value 20 years ago.The RPT Code of Cebu City was last revised in 2002.“Ang yuta bayran na unta (The tax paid on real estate should be) on the present value,” Rama said.He said it is the rich’s corporate social responsibility to share by paying the right amount of taxes.ReactionOn Saturday, Cebu Chamber of Commerce and Industry (CCCI) president Jay Yuvallos said they are proactively working with the mayor, his team and the City Council on this. On the matter of the fair market valuation, he said they hope that it will reflect a truthful and realistic value. “Certainly not based on speculation (bloated), a reflection of a fair value will also protect the land owner,” he said. He said the mayor has also intimated that the implementation will be on a staggered basis. “What is important and the clamor of everyone is that the increase will be gradual so that it becomes affordable. This is subject to a more thorough discussion when we get there,” he said, adding: “We also take cognizance of the fact that they need revenues to finance projects which we also want to see very soon, especially infrastructure projects that can significantly impact the lives of every Cebuano.”Yuvallos said the goal of the chamber is to help its members and the business community in general to expand and grow business. “This will in effect widen the tax base (not only RPT) as a source of revenue for the City. We will work with the City on the ‘Ease of Doing Business’ and helping promote a Business-Friendly Cebu City as what the mayor wanted to espouse,” he said. He said the CCCI will introduce programs that will encourage expansion and investments into the city and promote global competitiveness of the enterprises in Cebu.Proposed ordinanceUnder the proposed ordinance, the formula for deriving the total tax due as explained during the public hearing Friday is getting first the market value of the property. This can be determined by multiplying the land area by the fair market value (FMV).Skyrocketing taxesAfterwards, the market value will be multiplied by the assessment level, which will generate the assessed value. Then, the assessed value will be multiplied by the three percent tax rate. The result is the total tax due.For instance, a 1,493-square-meter commercial property in the Cebu IT Park with a current tax due of P26,874 will have a tax due of P895,800 once the updated tax ordinance gets implemented.Similarly, a portion of Cebu Business Park under the jurisdiction of Barangay Hipodromo will see its FMV shoot up to P245,000 from P16,300 per square meter, significantly affecting the RPT that Ayala Land will have to cough up if the measure is approved.In the proposed RPT ordinance, the market value of properties in some prime locations in Cebu City is expected to increase from 200 to 3,200 percent. Mayor Rama urged the passage of the RPT Code in order to raise funds to realize the objectives of his administration like the Gubat sa Baha (War against Flooding) and other projects like the transitional housing that will house the families affected by the clearing of three-meter easement zones.On Cebu City Hall’s online program “Pagtuki, Pagsusi, Pagsuta” on Wednesday, Feb. 28, City Budget Officer Jerone Castillo said P600 million is intended for the design and construction of 600 transitional housing units for the first phase of the project.The P600 million is one of the items in the first supplemental budget that the executive department has requested the council to approve this year.Other items include budget allocations for the Palarong Pambansa, Charter day bonus, and adjustments for the City Council. licensed online casinos A SPECIAL Action Force (SAF) trooper was wounded in an armed encounter against suspected communist terrorist rebels in Camarines Sur on Saturday, April 6, 2024.Philippine National Police-SAF director Major General Bernard Banac said members of the SAF 5th Company, 9th Special Action Battalion in Bicol were figured in an armed encounter for about 15 minutes with more or less 15 suspected members of the lawless Communist Terrorist Group in Barangay Agao-ao in Ragay town at about 10:50 a.m.Wounded in the encounter was Corporal Jayson Jalvez, who was hit by a bullet in his left hand. He was immediately given first aid and was brought to a hospital.Recovered from the firefight scene were M16 magazines loaded with 5.56 ammunition, a caliber 45 pistol, improvised explosive device components, and other personal items left behind by fleeing suspects. Banac said a hot pursuit operation was activated against the suspects.“Investigation will be conducted to determine identities of the suspects for filing of criminal charges. At the moment, the situation is now under control but troops remain alert and vigilant,” he said. (TPM/SunStar Philippines)

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Cebu City Mayor Michael Rama wants the fair market value in the revised real property tax (RPT) ordinance to reflect the current rate, despite calls from businessmen to stagger its implementation.“Pass the law, and we can discuss the implementing rules after,” Rama said over Cebu City Hall’s online program “Ingna’ng Mayor” on Thursday, Feb. 29, 2024.As the mayor of the City of Cebu, Rama said he wants it approved.On Tuesday, Feb. 27, Rama urged the City Council to pass the ordinance pertaining to the revised RPT before the end of this month.However, City Councilor Noel Eleuterio Wenceslao, chairman of the committee on budget and finance, said he still needs to meet the other councilors to discuss the matter and reach a consensus.Wenceslao said jumping to final deliberations without having the stance of the majority might simply defer the ordinance.In his point of view as a lawyer, Rama argued that implementing rules may be deferred within reasonable time to allow those affected to adjust their operational and financial management.“But let the fair market value already be back to what it is at the current time,” Rama said.Rama found it unfair that property owners have enjoyed paying taxes based on the value 20 years ago.The RPT Code of Cebu City was last revised in 2002.“Ang yuta bayran na unta (The tax paid on real estate should be) on the present value,” Rama said.He said it is the rich’s corporate social responsibility to share by paying the right amount of taxes.ReactionOn Saturday, Cebu Chamber of Commerce and Industry (CCCI) president Jay Yuvallos said they are proactively working with the mayor, his team and the City Council on this. On the matter of the fair market valuation, he said they hope that it will reflect a truthful and realistic value. “Certainly not based on speculation (bloated), a reflection of a fair value will also protect the land owner,” he said. He said the mayor has also intimated that the implementation will be on a staggered basis. “What is important and the clamor of everyone is that the increase will be gradual so that it becomes affordable. This is subject to a more thorough discussion when we get there,” he said, adding: “We also take cognizance of the fact that they need revenues to finance projects which we also want to see very soon, especially infrastructure projects that can significantly impact the lives of every Cebuano.”Yuvallos said the goal of the chamber is to help its members and the business community in general to expand and grow business. “This will in effect widen the tax base (not only RPT) as a source of revenue for the City. We will work with the City on the ‘Ease of Doing Business’ and helping promote a Business-Friendly Cebu City as what the mayor wanted to espouse,” he said. He said the CCCI will introduce programs that will encourage expansion and investments into the city and promote global competitiveness of the enterprises in Cebu.Proposed ordinanceUnder the proposed ordinance, the formula for deriving the total tax due as explained during the public hearing Friday is getting first the market value of the property. This can be determined by multiplying the land area by the fair market value (FMV).Skyrocketing taxesAfterwards, the market value will be multiplied by the assessment level, which will generate the assessed value. Then, the assessed value will be multiplied by the three percent tax rate. The result is the total tax due.For instance, a 1,493-square-meter commercial property in the Cebu IT Park with a current tax due of P26,874 will have a tax due of P895,800 once the updated tax ordinance gets implemented.Similarly, a portion of Cebu Business Park under the jurisdiction of Barangay Hipodromo will see its FMV shoot up to P245,000 from P16,300 per square meter, significantly affecting the RPT that Ayala Land will have to cough up if the measure is approved.In the proposed RPT ordinance, the market value of properties in some prime locations in Cebu City is expected to increase from 200 to 3,200 percent. Mayor Rama urged the passage of the RPT Code in order to raise funds to realize the objectives of his administration like the Gubat sa Baha (War against Flooding) and other projects like the transitional housing that will house the families affected by the clearing of three-meter easement zones.On Cebu City Hall’s online program “Pagtuki, Pagsusi, Pagsuta” on Wednesday, Feb. 28, City Budget Officer Jerone Castillo said P600 million is intended for the design and construction of 600 transitional housing units for the first phase of the project.The P600 million is one of the items in the first supplemental budget that the executive department has requested the council to approve this year.Other items include budget allocations for the Palarong Pambansa, Charter day bonus, and adjustments for the City Council. Online Sports Betting in the Philippines Reviews

Some of the most important trends revolve around the changes to the legalisation of online gambling for offshore operators, with President Rodrigo Duterte cracking down on illegal operations in recent years. Otherwise, we’ve identified that the growth in the land-based gambling industry has resulted in job creation for locals, with more than half of all employees in the entertainment sector being employed for gambling and betting activities.

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