By Yas Ocampo
Davao City – The city government is preparing to conduct a new round of inspections on buildings as the city implements its new schedule of real property valuations by next year, the chief of the City Assessor’s Office said.
This, as the city council earlier passed an ordinance, revising the city’s property valuations starting 2018.
The item is awaiting the signature of Mayor Sara Duterte-Carpio.
Jaime Adalin, City Assessor, said during Monday’s flag ceremony that the item was timely, since the city had not revised its schedule of taxes for real properties for the past nine years.
“It is timely and appropriate, and in compliance with the Local Government Code,” Adalin said.
The local government code mandates a revision of real property valuations once every three years.
“The purpose is to update and equalize valuation,” Adalin said.
Adalin said that the government will be scheduling rounds of building inspections, especially on properties that have undergone expansion in recent years.
In its annual audit reports, the Commission on Audit (COA) has repeatedly questioned the lack of updates on the part of the city government when it came to real property taxes.
Earlier this year, the city government had also required property owners to file sworn statements declaring the true value of their properties.
Section 202 of the Local Government Code mandates the declaration of the actual value of properties.
Tags: city government, Commission on Audit (COA), Davao City, Davao City government, Manila Bulletin, New round of property inspections in Davao City set, property valuations, real property, Sara Duterte-Carpio
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