Iloilo City has generated over P100 million in parking fees from its public markets in 2024, a significant boost to local government revenue.
The city government implemented parking fees in various markets as part of its efforts to improve order and raise funds for city development.
The program, which covers both public market areas and other designated parking spaces, has been well-received by residents and vendors alike.
Mayor Jerry Treñas expressed satisfaction with the revenue, which is expected to help finance various infrastructure and social welfare projects.
The success of the initiative highlights the potential of such programs to support local governance and community services.
Source: PhilNews24 | January 6, 2025
