Internet home of Philippine news
Back to homepage
| Bacolod | Baguio | Cagayan de Oro | Cebu | Davao | Dumaguete | General Santos | Iloilo | Manila | Pampanga | Pangasinan | Zamboanga |
 
online flower gift shop to Philippines
 
 
 

Google
Web
www.sunstar.com.ph

  Business
Town to charge mining, power explorations

TigerDirect



Saturday, December 20, 2008
Town to charge mining, power explorations

TABUK CITY, Kalinga -- The multiplier effect of President Gloria Macapagal-Arroyo's successful revenue generation efforts to address the problem on mass poverty has found its way to Pasil town when it passed an ordinance empowering the local government unit (LGU) to charge fees on power and mines exploration in the area.

Arroyo Watch: Sun.Star blog on President Arroyo

Ordinance 2008-12 of Pasil, which amended the revenue code of the LGU, now charges annual occupation fee for power and mining firms doing exploration activities in the place. This ordinance has been affirmed by the Provincial Board.

Under said ordinance, geothermal explorations are charged P40 per hectare; P50 per hectare for metallic minerals; and P20 for non-metallic minerals, also per hectare except for sand and gravel.

Pasil is home to the Batong Buhay Gold Mines and vast sulfur deposits.

The fees levied in the ordinance shall be paid to the Municipal Treasurer's Office immediately upon the start of exploration.

In cases when exploration permits are acquired within the middle of the year, occupation fee shall accrue on the 1st day of January each year. Proceeds of the occupational fee shall entirely be credited to the general fund of the town.

Pasil Vice Mayor Charlemagne Mosing said the revenue measure is meant to generate local revenues for development projects in the municipality.

Pasil, a fifth-class municipality, is surviving on internal revenue allotment from the National Government.

Mayor James Edduba lauded the Municipal Council for coming up with the measure. Before amending the revenue code, the only source of the meager income of the town comes from realty and income taxes.

"This is long overdue. For so many years, power and mining companies had been exploring geothermal energy, metallic and non-metallic minerals in the natural resource-rich municipality; but don't give full compliance with their obligations to also contribute to the development of the area," he said. (Press release)

For more Philippine news, visit Sun.Star Zamboanga.

(December 20, 2008 issue)
Write letter to the editor. Click here.




ENETWORK HEADLINE
ENETWORK NEWS


[return to top] [home] [network page]


Sun.Star Network Online

LOCAL NEWS
BUSINESS
OPINION
SPORTS
LIFESTYLE
FEATURE

RSS FeedRSS Feed


Classified Power Ads

Past Issues

Western Union

I © Copyright 2007 Sun.Star Publishing, Inc. I Contact the website at sunnexatsunstardotcomdotph I