Beng wants city’s budget to achieve rapid growth PDF Print E-mail
Tuesday, 10 June 2014 11:55

Now that the city government is in the process of preparing the budget for 2015, Mayor Beng Climaco has made it a point that the upcoming budget must be focused on her administration’s goal of achieving rapid growth and inclusive development.

This, she said, is in the context of effective public expenditure and financial management aimed at spending within means (aggregate fiscal discipline), spending on the right priorities (allocative efficiency) and spending with value-for-money (operational efficiency).

Speaking at the Budget Forum for 2015 at the Grand Astoria Hotel yesterday morning, Climaco believed that central to the process of realizing her administration’s goals on security, health and education is to empower the people.

She said civil society organizations, the private sector the City Development Council and other stakeholders must be involved in preparing the annual budget and get their feedback in the proposed programs and projects of the local government.

“Stakeholder empowerment is based on the understanding that you get more realistic and relevant results if you invest greater trust and grant greater authority to stakeholders,” the mayor told the forum participants mostly department heads and division chiefs charged to do their respective annual budget.

According to her, reforms and policies have already been put in place to help in revenue enhancement efforts and collection, among which was the rationalization of the issuance/renewal of business permits cutting the process down to three steps from the previous five steps, thus lessening the processing time to 30 minutes.

As a result, she said the city’s business tax collection for the first 20 days of January alone had exceeded by P4.78 million compared to the same period last year mainly because of the new business permit processing system.

Climaco was also looking forward to implementing another innovation—that is, the Internet payment gateway. It is an online payment facility for real property tax and business permit licenses.— Vic Larato