Bureau of Local Government Finance Opinion

November 28, 2001 BUREAU OF LOCAL GOVERNMENT FINANCE OPINION The City Assessor Tacurong City M a d a m : This refers to your query as to whether we have already rendered any opinion concerning the imposition of fines and penalties for late or non-filing of Sworn Statement declaring the true and current market values of real property. In this connection, enclosed is a copy of our letter dated May 18, 2001, addressed to the City Assessor of Cotabato City, treating on a similar subject matter, which reads in part, as follows: "ART. 293. Declaration of Real Property by the Owner or Administrator . . . . "xxx xxx xxx. "The sangguniang panlungsod and sangguniang bayan may enact their respective ordinances providing for the imposition of penalties or pecuniary fines on property owners or administrators who fail to comply with this Article." Similarly, therefore, that Office can make representations with the Sangguniang Panlungsod thereat and request that an ordinance be enacted particularly providing for the imposition of said penalty for failure to comply with the abovecited provisions of Section 202 of R.A. No. 7160 and Article 293 of its Implementing Rules and Regulations (IRR). ASHICc We hope that this suffice your abovementioned concern. Very truly yours, (SGD.) BENJAMIN A. GERONIMO Executive Director