Ordinance SP-2556, S-2016: Revising Real Property Assessments in Quezon City
Ordinance SP-2556, S-2016: Revising Real Property Assessments in Quezon City Home February 19, 2018 allanreyes Ordinance SP-2556, S-2016 is a significant local legislation in Quezon City that establishes the updated schedule of fair market values (FMVs) for lands, buildings, and other structures. This ordinance aligns with the provisions of the Local Government Code of 1991 (R.A. No. 7160) and its implementing rules and regulations. Spearheaded by Councilor Allan S. Reyes and other city officials, this ordinance aims to provide an equitable and updated basis for real property taxation in Quezon City. Objective of the Ordinance The primary goal of Ordinance SP-2556, S-2016 is to ensure that real property assessments reflect current market values. By updating these valuations, the ordinance aims to: Provide fair and just taxation for property owners. Enhance local government revenue for better public services. Comply with national policies on property assessment and taxation. Establish a systematic and transparent property valuation process. Key Provisions of Ordinance SP-2556, S-2016 Updated Fair Market Values (FMVs): The ordinance provides a revised schedule of FMVs for all lands, buildings, and other structures in Quezon City. FMVs are categorized based on property type, location, and zoning regulations. Basic Unit Construction Cost: New construction cost guidelines are established for buildings and structures. Construction costs are determined based on materials, design, and structural integrity. Compliance with National Regulations: The ordinance ensures that the revised property values align with the mandates of the Local Government Code of 1991. Property owners and stakeholders are given adequate notice and opportunities for consultation. Implementation and Adjustments: The Quezon City government is responsible for executing the revised property assessments. Adjustments and periodic reviews will be conducted to keep valuations up to date. Expected Impact of the Ordinance Increased Local Revenue: The updated property values will enhance the city’s revenue collection, enabling better funding for public services. Fair and Equitable Taxation: Property assessments will be more reflective of actual market conditions, ensuring fairness for all property owners. Transparency and Efficiency: A standardized valuation system improves transparency and efficiency in tax collection. Economic Development: Updated property valuations can encourage investment and development in Quezon City by ensuring accurate property assessments. Conclusion Ordinance SP-2556, S-2016 is a vital legislation that updates real property assessments in Quezon City in compliance with national laws. By revising fair market values and construction costs, the ordinance promotes fairness, efficiency, and increased revenue generation for the city. Led by Councilor Allan S. Reyes and other city officials, this ordinance plays a crucial role in ensuring a balanced and just property tax system, ultimately benefiting both property owners and the local government. For more details, visit:Quezon City Council Websiteallanreyes.ph Previous NewsNext News
Ordinance SP-2779, S-2018: Real Property Tax Amnesty in Quezon City
Quezon City property owners received a financial reprieve through Ordinance SP-2779, S-2018, a legislation designed to grant amnesty from interests, fines, surcharges, and other penalties related to delinquent real property taxes for taxable year 2018 and prior years. Spearheaded by Allan S. Reyes and the Quezon City Council, this ordinance aimed to alleviate the financial burden on taxpayers and encourage compliance with local tax regulations. This article delves into the objectives, key provisions, and the expected impact of this significant ordinance.
Ordinance SP-2551, S-2016: Declaring the Last Sunday of May as Quezon City Bike Day
Quezon City has taken a significant step toward promoting sustainable transportation and healthy lifestyles with Ordinance SP-2551, S-2016. This ordinance officially declares the last Sunday of May each year as Quezon City Bike Day. Spearheaded by Allan S. Reyes, this initiative aims to encourage cycling as a viable mode of transportation while fostering environmental awareness and community engagement.
Ordinance SP-2778, S-2018: Suspension of Real Property Tax Collection in Quezon City
Ordinance SP-2778, S-2018 plays a crucial role in providing financial relief to property owners in Quezon City. This ordinance temporarily suspends the collection of real property taxes based on Ordinance No. SP-2556, S-2016. The suspension aims to address concerns regarding the revised schedule of fair market values for lands, buildings, and other structures. As a result, property owners benefited from a tax reprieve during the years 2018 and 2019.
Ordinance SP-2587, S-2017: Firecracker Safety in Quezon City
Ordinance SP-2587, S-2017 is a significant law in Quezon City aimed at ensuring the safety of children by prohibiting the selling, giving, or sharing of any type of firecrackers to minors. Authored by Councilor Allan S. Reyes, this ordinance is a proactive step toward preventing firecracker-related injuries and promoting public safety. This article explores the objectives, key provisions, and expected impact of this essential ordinance.
Ordinance SP-2691, S-2018: Regulating Waste Cooking Oil and Grease Trap Waste in Quezon City
Ordinance SP-2691, S-2018 is a crucial environmental regulation in Quezon City that governs the proper transport, storage, reuse, recycling, reprocessing, or disposal of used waste cooking oil and grease trap waste. Enacted to protect public health and the environment, this ordinance applies to restaurants, cafeterias, kitchenettes, canteens, food outlets, food chains, food courts, food stalls, and similar establishments. This article explores the objectives, key provisions, and expected impact of this ordinance.
Ordinance SP-2745, S-2018: Enhancing Burial Assistance for Indigent Residents in Quezon City
Quezon City continues its commitment to social welfare through Ordinance SP-2745, S-2018, an amendment to Ordinance No. SP-2610, S-2017. This ordinance strengthens the city’s burial assistance program, ensuring financial relief for indigent residents. Spearheaded by Allan S. Reyes, the amendment aims to provide standardized and accessible burial assistance to those in need.
Ordinance SP-2674, S-2018: Mandatory Earthquake Drills in Quezon City
Ordinance SP-2674, S-2018 is a crucial legislative measure enacted in Quezon City to ensure disaster preparedness among establishments, schools, and workplaces. The ordinance mandates that all owners, managers, administrators, operators, and principals of establishments conduct earthquake drills twice a year. This initiative aims to enhance awareness and readiness in the event of seismic activity.
Ordinance SP-2559, S-2017: Strengthening Maginhawa as a Tourism District
Ordinance SP-2559, S-2017 is a significant legislative measure aimed at enhancing the tourism appeal of Maginhawa Street and its adjacent areas in Quezon City. As an amendment to Ordinance No. SP-2439, S-2015, this ordinance solidifies Maginhawa Street’s status as a premier destination for arts, culture, and gastronomy. Spearheaded by key city officials, including Councilor Allan S. Reyes, the ordinance seeks to further develop the area as the Maginhawa Art and Food Hub, reinforcing its reputation as a vibrant hotspot for both locals and tourists.