MAKATI CITY, Jan. 20 (PIA) -- The city’s total revenue collection reached P11 billion in 2011 as it remains deficit-free, a statement posted on its website said.
Based on a report from the city treasurer, Makati’s total collections for 2011 reached P10,929,989,221.01, or a nine percent increase over 2010 revenue.
From business tax, P5,149,047,980.79 was collected, which was an increase of 16 percent over 2011. Realty tax closely followed with P4,047,547,205.00 or a ...