The City Treasurer’s Office (CTO) marked a significant increase in the city’s revenue collection as of September 2025.
Atty. Lawrence D. Bantiding, the City Treasurer, confirmed in an interview that as of September 2025, the city’s revenue collection reached a total of Php 12,053,369,244.53. This is 12.29 percent higher compared to the same period last year, which was at Php 10,743,407,562.74.
Significantly contributing to this increase is the Php 2,532,822,246.96 worth of business taxes, and Php 985,702,932.31 in Real Property taxes.
Currently, the city’s collection from local taxes already reached Php 4,275,868,354.32.
Bantiding added that as of September 2025, the city already collected 84.02 percent of its target revenue collection, which is at Php 14,346,445,829.
“Our office is optimistic that the city will be able to exceed the expected revenue collection by the end of the year. Hopefully, just like the previous years, the city will also be able to surpass the target collection,” he said.
The CTO continues to reaffirm its commitment of ensuring that the contribution of all Dabawenyos is utilized for the improvement of government services that will benefit all residents of the city. CIO
