DAVAO CITY IS NO. 6 AMONG 10 HIGHEST REVENUE EARNING LOCAL GOVT UNITS IN 2015

BY ROGER M. BALANZA

davao-city-aerial-view-2DAVAO CITY, Mindanao’s premier city and home of President Rodrigo Duterte, has landed at the 6th spot among 10 highest revenue earning local government units (LGUs) in 2015.

duterte-state-visitIn the Annual Financial Report on LGUs by the Commission on Audit (COA), Davao City netted P6.171 billion.

davao-city-posterCities made up the list of 10 highest-earning LGUs.

The elite list of Billionaire Cities was topped by Quezon City with total revenues of P16.365 billion, followed by Makati City with P15.506 billion, and Manila with P12.595 billion.

Cebu and Davao were the only cities outside Metro Manila that made it to the list.

The 10 top highest-earning LGUs are:

  1. Quezon City — P16.365 billion

  2. Makati City — P15.506 billion

  3. Manila City — P12.595 billion

  4. Pasig City – P8.381 billion

  5. Cebu City – P7.216 billion

  6. Davao City – P6.171 billion

  7. Taguig City – P6.104 billion

  8. Caloocan City – P4.355 billion

  9. Muntinlupa City – P4.154 billion

  • Parañaque City – P4.05 billion

The 2015 Annual Financial Report on LGUs, released by COA last week, covered 78 provinces (out of 81), 141 cities (out of 145), and 1,428 municipalities (out of 1,489).

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