Posted March 19, 2014
Written by
Gloria Villas
The Public
Hearing for Base Market Values will be on April 4.
The
schedule has been confirmed by SP Secretary Odon Bandiola in line with Malay
and Boracay stakeholders’ request to re-schedule the said hearing.
The
stakeholders have earlier appealed that the venue and date be changed so that
many will be informed.
The
hearing is regarding the Aklan Provincial Government’s formulation of 2015
General Revision of Real Property Assessment.
As stated
on Section 219 of the Local Government Code and based on Republic Act No. 7160,
the local government should have a general tax revision of real properties
every three years.
It added
that the taxes from real properties, as stated on the new base market values,
will go to the Special Education Fund (SEF), construction and repair of public
buildings and many others.
Translated
by Shelah Casiano
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