I wrote my first blog entry yesterday after a long silence of dormancy. I am right. They are serious in implementing more tax. In fact, an avid (sorry for the word) follower of this blog made an immediate comment. I’m posting it here because I think it deserves space.. and attention. Here’s proButuan’s comment:
There may be a slight increase in tax compared to the previous year due to updated valuation and revision done by the City Assessor’s Office….But looking at it…the City of Butuan remains to have the LOWEST in cost real property tax among cities in Mindanao.
The developments in infrastructure like new by-pass roads, bridge and the completion of major flood controlsystem projects have significantly improved the value of land in the city be it residential, agricultural or commercial.
A benchmarking mission to cities in Mindanao was undertaken by the City Assessor’s Office of Butuan to gather the comparative real property tax valuations by cities. The cities of Davao, Tagum, Panabo, Iligan, Cagayan de Oro and Surigao City were the points of reference.
The benchmarking mission done in 2007 revealed that for a 300 square meter lot first class commercial land in Davao City cost P17,250.00, which is 18% higher compared to Butuan of P14,625.00. Likewise, for a second class commercial land, it is higher bb y 8% of P12, 937.50 compared to our city of P12, 006.00. In the case of Cagayan de Oro City, the tax due for first class commercial land of 0.3% is just similar to ours. It differed in the tax due for second class commercial land, which is 15% higher of P13, 770.00 in contrast to Butuan’s P12, 006.00. First class residential land in Davao City has a tax due of 16% with the corresponding cost of P825.00 compared to P714.00 of Butuan. Cagayan de Oro City has 3% tax due with cost of P735.00. Davao City’s second class residential land has 9% tax due of P660.00 while that of Butuan is P604.80. Agusan Del Norte as the reference showed that for a 1,000 hectare agricultural land it has a tax due of P395.00, which is higher by 24% compared to Butuan of P319.20.
It is not enough to report on your blog about an increase in tax….But IT IS MORE worthy to report that compared to other cities benchmarked above; BUTUAN remains to have THE MOST COMPETITIVE LOWEST

Recent Comments