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BUSINESS & INVESTMENT SERVICES |
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CITY TREASURER'S OFFICE (CTO)
For more information, please contact: Rodrigo C. Belleza, City Treasurer
Tel. (63)(54) 472-8167 / 473-2050 | E-mail: cto@naga.gov.ph
| REAL PROPERTY TAX PAYMENTS |
| Owners of land and buildings have to pay real property taxes annually. Taxes are a percentage of the property's taxable value.
Taxable value is based on the City Assessor's schedule of Fair Market Values.
Real property tax payments are made at the Land Tax Division of the CTO. Taxpayers may choose to pay on an annual or quarterly basis. Discounts are given to those who pay in advance. |
Requirements
1. Copy of Latest Real Property
2. Tax DeclarationPhotocopy of latest real property tax payment/official receipt
Taxes, Fees and Discounts
Taxes:
Basic Real Property Tax = Fair Market Value X Assessment Level X Basic Tax Rate
Additional Tax (Special Education Fund) = . Fair Market Value X Assessment Level X 1.00%
Fair Market Value:
• Based on the Schedule of Fair Market Values proposed by the City Assessor and approved by the Sangguniang Panlungsod.`
Assessment Level:
On Land
Type |
Assessment Level |
| Residential |
20% |
| Agricultural |
30% |
| Commercial |
30% |
| Industrial |
40% |
| Mineral |
30% |
On Buildings and Other Structures
Fair Market Value |
Assessment Level |
Residential |
Agricultural |
Commercial
/Industrial |
Timberland |
175,000 - 200,000
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10% |
15% |
20% |
25% |
200,000 - 500,000 |
15% |
20% |
25% |
305 |
500,000 - 750,000 |
20% |
25% |
30% |
35% |
750,000 - 1,000,000 |
25% |
30% |
35% |
40% |
1,000,000 - 2,000,000 |
30% |
35% |
40% |
45% |
2,000,000 - 5,000,000 |
35% |
40% |
45% |
50% |
5,000,000 - 10,000,000 |
40% |
40% |
50% |
50% |
10,000,000 – up |
45% |
40% |
55% |
50% |
Basic Tax Rate:
• Residential - 1.00%
• Commercial, Industrial, Agricultural - 1.25%
Discounts and Penalties
| • Prompt payment (paid on or before the deadline) |
10% discount on basic tax, SEF and other levies |
| • Advance payment (paid before January 1 of the taxable year) |
20% discount on basic tax, SEF and other levies |
| Failure to pay tax |
2% interest per month on the unpaid amount or fraction thereof; but total interest shall not exceed 36 months |
NOTE: For details, please refer to the following ordinances posted at www.naga.gov.ph/ordinances:
• Ordinance No. 1993-042 – Real Property Ordinance, as amended by Ordinance No. 1996-050 – Real Property Tax Assessments, Levy and Collection
• Ordinance No. 1993-042 – Real Property Ordinance, as amended by Ordinance No. 2002-031 – Real Property Tax Discount Rates
• Ordinance No. 1993-060 – Revised Revenue Code
• Ordinance No. 2001-095 – Schedule of Fair Market Values
How can I avail of the service?
| Follow These Steps |
It Will Take You |
Please Approach |
| 1. Computation of Real Property Tax
Taxpayer presents the requirements at the Computer Area. A tax bill or Real Property Tax Order of Payment (RPTOP) is, then, printed. |
5 minutes per tax declaration |
Pio Z. Gomez, Jr.
Casual
Ariel Macalalad
Casual
Rosa Belinda Del Villar
Casual
Theresa Rivero
Casual
Victor Mañago
Contractual |
| 2. Verification
A Revenue Collection Clerk verifies the correctness of the RPTOP which will, subsequently, be released to you. |
5 minutes per tax declaration |
Irene G. Gutierrez
Romeo Abante
Tudy Tolosa
Salvador Sato
Local Revenue Collection Clerk II
Ariel Macalalad
Casual
Rosa Belinda Del Villar
Casual
Theresa Rivero
Casual |
| 3. Payment
Present the tax bill to an assigned collector at the payment counter and pay the taxes due. |
15 minutes per receipt |
Irene G. Gutierrez
Romeo Abante
Tudy Tolosa
Salvador Sato
Cecilia Bacolo
Local Revenue Collection Clerk II
Arlene de Guzman
Local Revenue Collection Officer III
Helen T. Rosales
Local Revenue Collection Officer IV |
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| Maps, Forms & Links |
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All Forms and Performance Pledges are in PDF format. You may download Acrobat Reader from www.adobe.com |
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