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Dumaguete City, Philippines Thursday, October 12, 2017
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exceeds target by P126M

The Bureau of Customs sub-port office in Dumaguete City has exceeded its target revenue collection for 2017 by more than P126.6 million.

Dumaguete Customs collector Fe Lluelyn Toring said yesterday that their actual collection has reached more than P1.429 billion from January to Oct. 11 this year, which is more than the 2017 targeted tax collection of P1.303 billion.

For the first 11 days of October alone, they already collected more than P40 million, she said.

Records showed that for the first quarter of the year, the Dumaguete sub-port office collected more than P443.4 million; for the second quarter, more than P425 million; and in the third quarter, more than P521 million.

Toring expressed confidence that more income will be generated for the rest of the fourth quarter.

She attributed most of the collections to Filoil, which is the leading importer of petroleum products and the biggest contributor to the revenue collection of the sub-port office.*JFP/PNA


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