CEEDO earned Php3.6 M for five months operations

By PJTremedal,BNDMisOc-CIB/OCM

Oroquieta City – Good news is good news. The City Economic Enterprise and Development Office (CEEDO) has earned P3.5 Million pesos in a report submitted to the Office of the City Mayor for its 5 months operation.

The City Economic Enterprise and Development Office was created by then former City Mayor Jorge T. Almonte now people’s representative of the first district to foster and fast track city tax collection and developed projects that will focus in the city economy.

As of May this year, said office has earned Php 3,612,895.00 from business income from the Public Market amounted to Php2, 507,573.22, Slaughter House amounted to 505,425.34, Land Transport amounted 195,578.00, Fish Port in the amount of 367,780.92 and City Gym worth 36,530.00 not to mention the total tax collected from the new Integrated Bus and Jeepney Terminal at the 95% finished Oroquieta City Town Center in Barangay Canubay.

Mr. Carlito “Bebot” Decena, CEEDO Head said that if compare to last year’s income, the 2011 tax income collected has increased to 15 percent. “This will certainly increase because of the new administration adopted scheme especially our one stop shop effort to collect business tax and the plan of the city government to plan scheduled date of collection and the operation of the OCTC” He said.

It may be recalled that with the establishment of the CEEDO modern computerization program is now adopted to fast track collection and data gathering is now on its process. With the newly approved City Ordinance establishing the City Business Assistance Center (OCBAC) the two offices will be fully used to inform and assist new investors in their needs like business permits, and other pertinent papers to build their branches or new business establishment.

Meanwhile, City Councilor Vincent Guantero who chaired the SP Committee on Trade and Industry in an interview said that with the OCBAC, investors needs especially on their business permits and other needs will be assisted, not only assisting new investors but to promote the city economic programs and a database will be established to answer questions and other information’s needed by an investors.

Meantime, City Mayor Jason Paredes Almonte expressed sincere thanks to CEEDO and the Sangguniang Panlungsod headed by City Vice Mayor Harry Guantero in projecting economic stability thru legislation to b implemented soon.

“Like the newly approved City Ordinance that will create the Oroquieta City Business Assistance Center (OCBAC) of which we will be establishing and be operational in the newly constructed and about to finish Oroquieta City Town Center can be of great help and assistance not only to new investors but to establish linkages and to disseminate business information’s about the city economic situations” he said.