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
House Majority Leader Ferdinand Alexander Marcos has filed House Resolution No. 905, urging banks and financial
Former president and Pampanga Rep. Gloria Macapagal-Arroyo denied reports that she is seeking the ouster of
The government has expanded its value-added tax (VAT) exemption to more than 2,263 medicines, with cancer
Health Secretary Teodoro Herbosa said complaints filed against him over alleged expired medicines and vaccines are
The Senate has approved on third and final reading Senate Bill No. 1629, or the Multi-Faith