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The Bacolod City Council has approved on the first, third, and final reading an ordinance granting tax relief to delinquent real property tax payment in the city for 2024. The ordinance, authored by Councilor Al Victor Espino, chairperson of the City Council committee on laws, was approved during the regular session of the City Council on Wednesday, October 16.
Many of our taxpayers continue to struggle with the economic impact of various crises, whether it be the lingering effects of the pandemic, inflation, or other financial setbacks,' Espino said. By offering this amnesty, he said they are not only allowing them to settle their tax liabilities without the burden of penalties and interest but also encouraging them to become active partners in the development of the city.
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