Saturday, April 12, 2014

BFI, to send position letter to SP Aklan opposing new proposed Base Market Values in Boracay

Posted April 11, 2014
Written by Gloria Villas

The more than 200 percent increase in tax for Boracay Island is too high.

This is the sentiment of real property owners in the island in line with the new Base Market Values for Malay, Caticlan and Boracay.

For this reason, Boracay Foundation Incorporated (BFI) President Jony Salme said that they will be sending a position letter to the Aklan Provincial Council or Sangguniang Panlalawigan (SP) to raise their suggestions.

According to Salme, the said letter is still being drafted and they will send it to the Aklan Provincial Government as soon as possible.

On the Public Hearing conducted by SP Aklan in Boracay last April 4, real property owners questioned the increase in their taxes for 2015.

Meanwhile, the Provincial Assessor explained that the reason why taxes for Boracay and Malay increased to up to 200 to 300 percent is because the Provincial Government set aside the General Revision of Base Market Values for 9 years due to past calamities that hit Aklan.

Translated by Shelah Casiano

No comments: