TABUK CITY, Kalinga – The city is included in the shortlist of prototype local government units (LGUs) in a project to digitize tax valuation and collection processes.
Tabuk is among the 19 LGUs that were pre-selected for the development of the Real Property Information System (RPIS), an integrated system that links the LGUs, the Bureau of Internal Revenue, Land Registration Authority, and other concerned institutions related to market value of properties, especially for the transfer of title processing and/or real property sales transaction.
Another 18 LGUs were also pre-selected for the development of the Computer Assisted Mass Appraisal (CAMA) system, which will automate mass appraisal of properties using various mass appraisal models.
Part of the Local Governance Reform Project or LGRP of the Bureau of Local Government Finance (BLGF) in partnership with the Asian Development Bank, the RPIS and the CAMA are being touted as the future of the real property evaluation practice in the Philippines as it will establish a more integrated and reliable valuation database for properties to capture the true value of land.
The RPIS specifically aims to promote accuracy and timeliness in real property valuation information, enhance transparency and accountability in the reporting of real property-related transactions, and to have a single Schedule of Market Values for every LGU compliant with the Philippine Valuation standards for taxation purposes.
The shortlist will be further whittled down to 10 LGUs for each system with the final selection to be conducted on a first come first served basis. “Pasok na kayo, it’s just a question of who will submit the requirements first,” LGRP Output 2 team leader Don Rommel Dais told invited LGUs during the virtual roadshow held earlier today.
To qualify for the final shortlist, LGUs need to submit an expression of intent and a resolution from the Sanggunian allowing the LGU to participate in the project, and enter into a memorandum of agreement with the BLGF.
Dais said the development of the systems is targeted to be completed by 2024, after which, it will be rolled out to all LGUs nationwide.
With digitization, the government hopes to boost the real property tax collection of LGUs as part of its comprehensive tax reform program.
