20/10/2025
๐๐๐๐๐ฐ๐๐ง๐ฒ๐จ๐ฌ ๐ฎ๐ซ๐ ๐๐ ๐ญ๐จ ๐ฌ๐๐ญ๐ญ๐ฅ๐ ๐ญ๐๐ฑ๐๐ฌ ๐๐๐๐จ๐ซ๐ ๐๐๐๐๐ฅ๐ข๐ง๐
The City Treasurerโs Office (CTO) is reminding Dabawenyos to settle their tax responsibilities within the deadline to avoid incurring surcharges and interest.
โOur office would like to remind those taxpayers who were not yet able to settle their accounts to pay within the deadline in order to avoid incurring surcharges and interest,โ Atty. Lawrence Bantidig, the City Treasurer, said.
Business taxes are due on October 20, 2025, while real property taxes are due on December 31, 2025.
Bantiding also bared that business taxes and real property taxes are among the biggest contributor to the cityโs local revenue collection.
As of September 2025, the cityโs total revenue collection already reached Php 12,053,369,244.53. This is 12.29 percent higher than the Php 10,734,355,403.24 revenue collection during the same period last year.
โThe cityโs increase in collection Is attributable to business taxes and real property taxes, which constitute 46.63 percent and 18.15 percent of the cityโs total collection from local sources,โ Bantiding said.
He added that the CTO is optimistic the city will be able to exceed its expected revenue collection of Php 14,346,445,829 by the end of the year.
Bantiding also assured Dabawenyos that they will ensure taxes are utilized for the improvement of government services and benefit Dabawenyos.
โThe City remains grateful to all Dabawenyos for constantly doing their part as good constituents by paying their taxes religiously. It is our commitment that the contribution of all Dabawenyos, which we know are fruits of hard work, shall be utilized for the improvement of government services and will be translated for the benefit of all the residents of Davao City,โ he said. CIO
