Itogon welcomes Casiño move

August 5, 2012 in Cordillera, Featured, law by emendator

By KIMBERLIE NGABIT-QUITASOL
www.nordis.net

BAGUIO CITY — Itogon Mayor Oscar Camantiles welcomes the move of Bayan Muna Representative Teddy Casiño to seek a House of Representative inquiry on the drastic decrease of Barangay Dalupirip’s national wealth tax share (NWTS) from the San Roque Multipurpose Dam operations.

“We welcome Representative Casiño’s move. We the municipal and provincial governments are also doing our own investigation about the matter,” the Itogon mayor said.

Camantiles reiterated that Barangay Dalupirip is not the only one affected by the drastic decrease. He explained that the municipality used to receive an average of P10 million NWTS annually but for 2011 the municipality received a mere P800,000.

“The decrease was very huge that it affected the implementation of our projects. We were not consulted about the decrease at all. We only came to know about it when we went to collect our share,” he stressed.

He disclosed that they already talked to the San Roque Development Corporation about the matter. He, however, said the company’s explanation did not really clarify the issue as he added that a congressional inquiry might really help them sort things out.

“We could not understand their (the company’s) explanation on how they came up with their computations that resulted to a huge decrease in our share. It was also unclear to me what the how or what is the San Miguel Corporation to the San Roque dam operations,” he said.

The local executive explained that Itogon is 85% dependent on its internal revenue allotment (IRA) and the NWTS is really a big source of additional funds for the municipality. He added that the municipal government’s successful campaign to increase local tax revenues and collection of taxes from the other corporate power and mining companies operating in the municipality was able to at least off set the huge decrease from the San Roque NWTS.

Camantiles, however, pointed out that the municipality would still pursue an investigation to clarify the matter with the San Roque tax saying that Benguet Governor Nestor Fongwan is also looking into the matter. # nordis.net

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