THE Tacloban City Government has started its reassessment of some 36,312 real properties following the Memorandum Circular No. 111-2013 of the Bureau of Local Government Finance.
Engineer Danilo Demillo, officer-in-charge of the City Assessor’s Office (CAO), said the reassessment of the real properties started last September 10.
According to Demillo, the assessment is being conducted to “to ensure that property owners pay the accurate portion of property taxes to the city government.”
The 36,312 residential real properties include 32,925 residential units, 3,340 business units, and 47 industrial buildings, said Henry James Roca of the City Information Office.
“The real property assessment is performed to verify and determine as to whether or not all real properties in the City are properly listed in the assessment roll, eliminate from the records taxable properties which have been destroyed or incurred a permanent loss of value, and purge the rolls of double assessment entries,” the city government said in its report.
In coordination with barangay officials, the reassessment activity is expected to be finished in six months.
The last time CAO held a reassessment of real properties was in 2016, Roca said. (SunStar Philippines)