Huge loss

How much will Davao City lose in its share of the Internal Revenue Allotment (IRA) for this year as a result of the creation of more cities in the country?

P194 million.

Yup enough money for our sports complex or a start up capital for our city college or city hospital.

3 Responses to “Huge loss”

  1. riajose Says:

    WOW! That’s really a lot. Something has to be done to ensure that the local governments such as Davao City get their fair share of the national revenue.

  2. Guillermo Prat Says:

    How are cities created? If I may ask? If they are thru congress enacting into law the creation, I wonder how our three congressmen voted on these? Did they vote “yes” to the proposed new cities? Without thinking of the consequences? That is disgusting!

  3. SamratHacks Says:

    I had never expected that there will be this much loss.

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