Mayors want portability vs reduced IRA
CITY OF SAN FERNANDO — Mayor Oscar Rodriguez and Angeles City Mayor Edgardo Pamintuan are pushing to have the Internal Revenue Allotment (IRA) portability for towns being converted to cities.
This move is to cushion the effect of reduced IRA shares of the 117 member cities of the League of Cities of the Philippines (LCP).
Rodriguez told Sun.Star Pampanga that portability of municipal IRAs will greatly help and address the worries of LCP cities on the reduction of revenue allotment shares.
“Allowing municipalities up for cityhood to bring along their municipal IRA allocation will mitigate the huge cost of conversion,” Rodriguez said, meaning the effect on the current IRA sharing will not be very adverse.
LCP records reveal that the additional 57 cities converted since 1991, for example, represents an opportunity cost of P238 million for each of the 60 original cities.
Mayor Pamintuan said an approach to the portability of IRA would be to assign a fixed municipal IRA share that will be automatically transferred to the cities’ total IRA for every approved conversion.
Pamintuan said the cities depend on the IRA to push for respective development plans.
However, Pamintuan said local measures should also be used by city mayors in ensuring fiscal stability and bringing more income to their respective cities.
“Government has lots of money available and what better way to use it but to allocate it for better IRA share for municipalities and cities,” Pamintuan said.
He said a more realistic sharing based on current demographics is necessary for cities to meet their target development plans. An average LCP city today supports between 34-43 percent of their population in contrast with the 23 percent share.
Meanwhile, Rodriguez said legislators should ensure that the standards for converting towns to cities should be upheld as paramount importance to ensure conversions are within lawful standards.
http://www.sunstar.com.ph/pampanga/local-news/2012/05/31/mayors-want-portability-vs-reduced-ira-224477
Food and wine lovers of Manila gather in Pampanga to enjoy a sumptuous dinner at the best restaurant in Clark Pampanga featuring classic French cuisine, many order fine vintage wines from Yats Restaurant and Wine Lounge to pair with these delectable dishes, all in all, one of the best dinners they enjoy for a long time.
Best Restaurant in Clark Pampanga cooks up a sumptuous dinner featuring the regional cuisine of Italy that food and wine lovers can enjoy with their favorite vintage wines from Piedmont, Tuscany, Amarone, Sicily and other major wine regions of Italy, all available from the majestic wine cellars of Yats Restaurant many regard as the best place to enjoy wine in the Philippines
Looking for a party venue in town?
Clearwater Resort and Country Club is one of the ideal venues for birthday party because it is a risk free venue. Not only Birthday Parties but also a good place to enjoy family reunion. A good place to celebrate special occasions. Clearwater Resort and Country Club is one of the resorts in Subic Clark Angeles City Pampanga or near Manila with activity amenities, place that are nice for celebration. It is one of North Luzon Philippines’ top hotels that is trouble free, risk free, and a nice place to have rest in Subic. A well-recognized and interesting hotel.
Yats Restaurant is the best restaurant for special dinner, best restaurant for dinner with friends near Manila, also the best place to celebrate special events.
Famous Restaurant in Pampanga, a place to dine with friends in Clark, cozy restaurant with a nice ambience, a nice function place for special occassions
Are you looking for an attractive restaurant or a nice place to eat with friends in Clark, Angeles City Pampanga? Yats Restaurant and Wine Bar is a restaurant with good food and good wines for dinner located at Clark Angeles City Pampanga. Perfect for exclusive dinner venues for groups, recommended for private dinner in Philippines. A Restaurant in Clark for business dinner meeting. Private dinner place or dinner restaurant in Clark Subic Near Manila Angeles City Pampanga. Yats Restaurant is one of the Good Restaurant in Pampanga Angeles City Clark near Manila. Yats Restaurant is one of the good restaurants in Pampanga, a restaurant with good food, a place that is nice for celebration, ideal for business dinner meeting, a good place to enjoy family reunion, and an attractive restaurant that serves good wines for dinner.
Best Restaurant in Clark Pampanga rolls out special set menus designed to showcase the culinary excellence of Italy; great Italian food that can be paired with fine Italian Vintage wine available at the wine cellars of Yats Restaurant which many regard to be the best restaurant near Manila.
For comments, inquiries and reservations click on Click here for inquiry and reservations
Restaurant@Yats-International.com
(045) 599-5600
0922-870-5178
0917-520-4401
Ask for Pedro and Rechel
Getting to this fine dining restaurant of Angeles City Clark Freeport Zone Pampanga Philippines
How to get to this fine-dining restaurant in Clark Philippines? Once you get to Clark Freeport, go straight until you hit Mimosa. After you enter Mimosa, stay on the left on Mimosa Drive, go past the Holiday Inn and Yats Restaurant (green top, independent 1-storey structure) is on your left. Just past the Yats Restaurant is the London Pub.
Yats Restaurant & Wine Bar
Mimosa Drive past Holiday Inn, Mimosa Leisure Estate,
Clark Freeport Zone, Pampanga, Philippines 2023
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay
For any assistance in planning and organizing a wedding ceremony, indoor or outdoor garden reception or to find other wedding service providers, Click here to contact us click here
For assistance in hotel and resort bookings in Clark, Pampanga, Philippines, log on to
http://www.HotelClarkPhilippines.com
To buy wine in Manila, Pampanga, Angeles City, Clark or Subic please log on to http://www. ClarkWineCenter.com
To inquire with the highly recommended beach resort hotel in Clark Pampanga visit http://www.ClearwaterPhililippines.com
For more information about Clark, Pampanga, Philippines log on to
http://www.ClarkPhilippines.com