19/11/2024
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These are the current FIRST CLASS MUNICIPALITIES in Region 8 prior to the official public release of Data for the LGU GENERAL INCOME RECLASSIFICATION as mandated by the Republic Act (RA) No. 11964, otherwise known as the Automatic Income Classification of Local Government Units Act, which was signed into law by President Ferdinand R. Marcos, Jr. on October 26, 2023.
Anytime this quarter, the new set of income classifications for Provinces, Cities, and Municipalities will be publicly released. Most of LGUs will be upgraded to a higher tier, with the Province of Leyte leading the pack. Multiple Municipalities are expected to land at First Class, and multiple ones to Second Class, the same with Third Class and Fourth Class, respectively.
The latest memorandum from DOF includes the list of new LGUs income classifications, but it is not yet publicly available pending the official announcement from the Agency or the concerned LGU.