Quezon City was named a Hall of Fame Awardee by the Department of Finance–Bureau of Local Government Finance for topping all Philippine cities in Locally Sourced Revenues (LSR) for five consecutive years from 2020 to 2024.
The recognition was given during the DOF-BLGF’s 38th anniversary celebration on November 5, with Mayor Joy Belmonte, City Treasurer Edgar Villanueva, and City Assessor Atty. Sherry Gonzalvo accepting the awards.
In 2024 alone, the city generated P28.8 billion in LSR, primarily from real property taxes, business taxes, and other non-tax revenues.
Belmonte credited the achievement to strong governance, public trust, and digital reforms in revenue collection, such as online payment systems and streamlined assessments.
The award highlights Quezon City’s reputation as a national leader in local fiscal governance, showing that transparency and digitalization can drive sustainable economic growth.
Source: PhilNews24 | November 7, 2025
QUEZON CITY ACHIEVES HALL OF FAME STATUS FOR LOCAL REVENUE PERFORMANCE
Latest from Politics
Malacañang attributed the rise in the Philippines’ hunger rate in September to consecutive natural disasters affecting
Akbayan partylist and several civic groups have formally requested the Office of the Ombudsman to release
Mandaluyong City has partnered with LoveYourself Inc. to strengthen the city’s HIV care and medical services.
Senate Majority Leader Juan Miguel Zubiri lauded the new memorandum of agreement between the Anti-Red Tape
Senator Francis “Chiz” Escudero urged authorities on Wednesday, Nov. 5, to ensure that prices of basic