• FF2022-64: Real Property Tax Revenue Performance

    The Local Government Code (LGC) of 1991 mandates local government units (LGUs) to generate revenues through local tax and non-tax sources. Tax revenues are from the real property tax (RPT), business tax, and other taxes while non-tax revenues derive from fees and charges and receipts from the operation of economic enterprises in line with the government’s exercise of its proprietary functions.