NegOcc to get P16.6-B in IRA shares for 2020

By Nanette Guadalquiver/Philippine News Agency

BACOLOD CITY — The province of Negros Occidental and its 31 component cities and municipalities will get a total of PHP16.639 billion in Internal Revenue Allotment (IRA) shares for the fiscal year 2020.

This is based on the 12.75 percent increase that will take effect next year.

Based on the comparative figures provided by the provincial government on Wednesday, Negros Occidental will receive almost PHP3.726 billion in 2020, with an increase of PHP421.447 million, from this year’s PHP3.304 billion.

All the 12 component cities will obtain a total of PHP9.556 billion in IRA shares next year while all the 19 municipalities will have a total of PHP3.357 billion.

Including the provincial government’s almost PHP3.726 billion, Negros Occidental will receive a total of PHP16.639 billion in IRA shares from the national government next year. It means an increase of PHP1.882 billion from the current year’s PHP14.757 billion.

Provincial Budget Officer Jose Percival Salado said a higher IRA share for the province means more programs and projects that will benefit the Negrenses.

Each of the 12 component cities will get the following: Kabankalan, from PHP1.112 billion in 2019 to PHP1.254 billion in 2020; Cadiz, PHP922.043 billion to PHP1.039 billion; Bago, PHP844 million to PHP951.653 million; San Carlos, PHP824.371 million to PHP929.509 million; Sipalay, PHP662.699 million to PHP747.219 million; Sagay, PHP744.114 million to PHP839.017 million; Himamaylan, PHP711.456 million to PHP802.194 million; Silay, PHP615.142 million to PHP693.595 million; Talisay, PHP563.652 million to PHP635.540 million; Escalante, PHP543.361 million to P612.661 million; Victorias, PHP483.679 million to PHP545.367 million; and La Carlota, PHP448.582 million to PHP505.794 million.

Among the 19 municipalities, Cauayan will get the highest IRA share of PHP321.812 million next year from the current PHP285.411 million while San Enrique will receive the lowest amount of PHPP86.744 million in 2020 from this year’s P76.932 million.

For the latest updates about this story, visit the Philippine News Agency website

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