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NegOcc to gain P16.6 billion in IRA shares for 2020

Bacolod City—The province of Negros Occidental and its 31 component cities and municipalities will get a total of P16.639 billion in Internal Revenue Allotment shares for the fiscal year 2020.

This is based on the 12.75 percent increase that will take effect next year, the provincial government said in a statement.

Based on the comparative figures provided by the provincial government on Wednesday, Negros Occidental will receive almost P3.726 billion in 2020, with an increase of P421.447 million, from this year’s P3.304 billion.

All the 12 component cities will obtain a total of P9.556 billion in IRA shares next year while all the 19 municipalities will have a total of P3.357 billion.

Including the provincial government’s almost P3.726 billion, Negros Occidental will receive a total of P16.639 billion in IRA shares from the national government next year. It means an increase of P1.882 billion from the current year’s P14.757 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 P1.112 billion in 2019 to P1.254 billion in 2020; Cadiz, P922.043 billion to P1.039 billion; Bago, P844 million to P951.653 million; San Carlos, P824.371 million to P929.509 million; Sipalay, P662.699 million to P747.219 million; Sagay, P744.114 million to P839.017 million; PNA

Himamaylan, P711.456 million to P802.194 million; Silay, P615.142 million to P693.595 million; Talisay, P563.652 million to P635.540 million; Escalante, P543.361 million to P612.661 million; Victorias, P483.679 million to P545.367 million; and La Carlota, P448.582 million to P505.794 million.

Among the 19 municipalities, Cauayan will get the highest IRA share of P321.812 million next year from the current P285.411 million while San Enrique will receive the least amount of P86.744 million in 2020 from this year’s P76.932 million. 

Topics: Negros Occidental , Internal Revenue Allotment , Negros Occidental
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