BIZ DEALS. One of the food stalls set up in front of the Cagayan de Oro City Hall as organized by the Community-Based Drug Rehabilitation Program of barangays. To further boost the opening of local businesses, the city government on Monday (Nov. 7, 2022) passed an ordinance giving a 20 percent discount to all taxpayers when they pay their obligation in full before Jan. 1, 2023. (Photo courtesy of Cagayan de Oro CIO)
CAGAYAN DE ORO CITY – The local government here started Monday a 20 percent discount for its taxpayers this year.
Mayor Rolando Uy said the discount for local taxes is mandated under Ordinance No. 14389-2022 and applies to those who pay in full before January 1, 2023.
The discount covers real property taxes as well as additional taxes accruing to the Special Education Fund that will be due next year.
However, the ordinance said the discount "will only be granted to properties without any tax delinquency."
Uy said the tax discount is one of the proposed fiscal incentives and economic reforms package that he had certified as urgent to the City Council, which was later passed into an ordinance.
Street vendors
Meanwhile, Uy apologized to street vendors who will be displaced in one of the major streets in the city as the local government intensifies the enforcement of local laws relating to public order.
"Four months and a half passed, and some (vendors) did not help themselves (in following the agreement), that is why I ask for an apology that I have to enforce the law," he said.
Uy was referring to vendors who went beyond the specified selling area, which is only within the premises outside the Cogon public market.
He said some vendors extended to other streets such as JR Borja Extension, which caused heavy traffic in the late afternoon until evening during rush hours.
Over the weekend, Uy led an inspection and monitoring team in the marketplace where he interacted with some of the vendors. (PNA)
