Rama vetoes ordinance increasing real property taxes but…

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CEBU CITY, Philippines -- The Cebu City government wants a new model for revising the real property tax rates here. Mayor Michael Rama on Sunday, Feb. 12 announced that he vetoed City Ordinance No.

An aerial view of Cebu City. CDN Digital photo | Brian J. Ochoa

Mayor Michael Rama on Sunday, Feb. 12 announced that he vetoed City Ordinance No. 138-2022. Passed by the Council last January, it allowed the city government to update its current real property tax rates. “We need to appreciate that government is dependent on revenues from taxes for much-needed health and economic recovery after a series of challenges,” said Russell, reading Rama’s prepared press statement.

 

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