Davao market operation income up by 12%

Feb. 05, 2015

By Mark Anthony Duran, Davao Today Intern

DAVAO CITY – The city’s market operation increased its income by 12 percent this year, said the City Economic Enterprise Thursday.

Speaking before the media, Reynan C. Librado, the units coordinator of the City Economic Enterprise ascribed it to strict application of rules and regulations for market tenants.

“We did the same last year, by making inventories of tenants, issuing lease contracts and ordering them to get lease contracts or else their business will be stopped,” he said.

This year, collection of incomes for market operation increased by 12 percent at P84 million. The increase was contributed also by the penalties paid by the delinquents payers, mostly the ambulant vendors who do not pay rents.

Meanwhile, the city government collected P3 million from cemeteries, posting the highest increase among the government enterprises. From P1.1 million in 2013, collection rose to P4.8 million last year.

Other government enterprises also registered increased collection. The Davao City Overland Transport Terminal, collected P21 million last year, up from P21 million in 2013. The Davao City Recreation Center collected P2.4 million last year, from P2 million the previous year. The slaughterhouse earned P14 million, a million pesos higher than the previous year.

The Sta. Ana port had lower collection this year, from P6.1 million in 2013 to P6 million.

Librado said they collected a significant amount of rent from night markets but he said that they do not have the exact figures yet.

He said that the money they have collected would be used to rehabilitate and repair the infrastructures on public markets in Toril, Bankerohan, Agdao and Calinan.

“Sangguniang Panlungsod has approved the P12 million budget for the markets so we could use it for the repair of the infrastructures,” he said.(davaotoday.com)

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