THERE will be no tax increase in Quezon City if Vice Mayor Joy Belmonte is elected mayor of the city.
This was the assurance made yesterday by the City Vice Mayor who is running as mayor of Quezon City this midterm local election.
Belmonte believes that there is no need to increase payment of tax in the city because what is needed is to come up with a better system in collecting taxes to increase revenue.
The lady vice mayor said there is no need to burden the city residents with additional expenses just to have high revenue because what is important is to focus on better services that the city government may offer to its constituents.
“The solution is not in tax increases. The solution is in improving tax collection. Ang dapat mapunta sa bayan, dapat ibigay sa bayan, tataas naman nang kusa ang pondo ng lungsod basta tama at maayos ang pangongolekta. Magkakaroon tayo ng pagtaas sa revenue. I assure you that there will be no tax increase in my time. Not in my term,” Belmonte said.
Belmonte clarified that there is no 500 percent increase in real property tax brought by fair market value ordinance in the city because the bill is currently suspended.
She explained that only the market value of a certain property will increase for the benefit of the owner once they decided to sell their property in the near future.
“The ordinance simply increases the market value of properties in Quezon City. Actually, the local government code mandates the increase in fair market value every three years. But it’s been 21 years when we last had the market value increase and the DILG (Department of the Interior and Local Government) has sent us a memo already. That’s why we have to do this,” Belmonte explained.
Belmonte stressed that in Metro Manila, only Quezon City has the lowest fair market value of properties.
“In the end, it will be the owners’ gain if they decided to sell their properties. I think we just need to explain it to them properly,” Belmonte added.
In line with this, Belmonte said the City Council will conduct a public consultation to be able to hear the sentiments of homeowners.
Belmonte believes that hearing the sentiments of everyone is important to come up with the right solution to a problem.