An Ordinance Enacting the 2016 Revised Schedule of Fair Market Values of Real Property in the Province of Camarines Sur

June 7, 2016 Excerpts from the Journals of the Regular Session of the Sangguniang Panlalawigan of Camarines Sur Held at the SP Session Hall, Legislative Building, Provincial Capitol Complex, Cadlan, Pili, Camarines Sur on June 07, 2016. CAMARINES SUR PROVINCIAL ORDINANCE NO. 071-16 AN ORDINANCE ENACTING THE 2016 REVISED SCHEDULE OF FAIR MARKET VALUES OF REAL PROPERTY IN THE PROVINCE OF CAMARINES SUR Principal Author: Hon. Emmanuel H. Noble WHEREAS , submitted for approval of the Sangguniang Panlalawigan by the Chairman, Committee on Ways and Means and Taxation, is the proposed 2016 Revised Schedule of Fair Market Values of Real Property in the Province of Camarines Sur; WHEREAS , after due deliberation on the matter, the Provincial Body decided that the aforesaid proposed 2016 Revised Schedule of Fair Market Values of Real Property in the Province of Camarines Sur is in accordance with the Local Government Code of 1991 and therefore, valid and in order; NOW, THEREFORE , on motion of Honorable Emmanuel H. Noble duly seconded by Honorable Amador L. Simando, be it RESOLVED, AS IT IS HEREBY RESOLVED , by the Sangguniang Panlalawigan of Camarines Sur in session assembled, to enact, as it hereby enacts the following Ordinance: BE IT ORDAINED BY THE SANGGUNIANG PANLALAWIGAN IN SESSION ASSEMBLED, THAT: CHAPTER I. Title of the Ordinance . This Ordinance shall be known as the 2016 Schedule of Fair Market Values of Real Property in the Province of Camarines Sur. CHAPTER II. Scope. This Ordinance shall govern the General Revision of real properties within the territorial jurisdiction of the Province of Camarines Sur for 2016 and the years thereafter until revised. CHAPTER III. The following shall be the 2016 Schedule of Fair Market Values of Property for the Province of Camarines Sur: 2016 REVISED SCHEDULE OF REAL PROPERTY VALUES (Province of Camarines Sur) PART I Tabulated Schedule of Base Unit Market Values per Municipality's Income Classification PART I.A Residential Lands SECTION 1. The following shall be the base unit market values for residential lands per municipality's income classification: 1.a. 1st CLASS MUNICIPALITIES: The following tabulation shall apply: Name of Municipality R1 R2 R3 R4 R5 1. PILI (Capital Town) 2,800.00 2,000.00 1,400.00 1,000.00 600.00 2. BUHI - - 1,400.00 1,000.00 600.00 3. NABUA - 2,000.00 1,400.00 1,000.00 600.00 4. RAGAY - 2,000.00 1,400.00 1,000.00 600.00 5. CALABANGA - 2,000.00 1,400.00 1,000.00 600.00 6. LIBMANAN - 2,000.00 1,400.00 1,000.00 600.00 7. TINAMBAC - - 1,400.00 1,000.00 600.00 8. SIPOCOT - - 1,400.00 1,000.00 600.00 1.b. 2nd CLASS MUNICIPALITIES: The following tabulation shall apply: Name of Municipality R1 R2 R3 R4 R5 1. GOA 2,425.00 1,450.00 850.00 500.00 250.00 2. LAGONOY - 1,450.00 850.00 500.00 250.00 3. CARAMOAN - - 850.00 500.00 250.00 4. BULA - 1,450.00 850.00 500.00 250.00 1.c. 3rd CLASS MUNICIPALITIES: The following tabulation shall apply: Name of Municipality R1 R2 R3 R4 R5 R6 1. BAAO 1,500.00 1,300.00 1,000.00 700.00 600.00 400.00 2. BATO - - 1,000.00 700.00 600.00 400.00 3. LUPI - 1,300.00 1,000.00 700.00 600.00 400.00 4. MINALABAC 1,500.00 1,300.00 1,000.00 700.00 600.00 - 5. OCAMPO 1,500.00 1,300.00 1,000.00 700.00 600.00 - 6. PASACAO 1,500.00 1,300.00 1,000.00 700.00 600.00 400.00 7. TIGAON 1,500.00 1,300.00 1,000.00 700.00 600.00 - 1.d. 4th CLASS MUNICIPALITIES: The following tabulation shall apply: Name of Municipality R1 R2 R3 R4 R5 R6 1. BALATAN - - 800.00 600.00 400.00 300.00 2. CANAMAN - 1,200.00 800.00 600.00 400.00 300.00 3. DEL GALLEGO - 1,200.00 800.00 600.00 - - 4. GARCHITORENA - - 800.00 600.00 400.00 - 5. MAGARAO 1,500.00 1,200.00 800.00 600.00 - - 6. MILAOR 1,500.00 1,200.00 800.00 600.00 400.00 - 7. PAMPLONA - 1,200.00 800.00 600.00 400.00 300.00 8. PRESENTACION - - 800.00 600.00 400.00 300.00 9. SAN FERNANDO 1,500.00 1,200.00 800.00 600.00 400.00 10. SAGAY - - 800.00 600.00 400.00 300.00 11. SAN JOSE 1,500.00 1,200.00 800.00 600.00 400.00 300.00 12. SIRUMA - - - 600.00 400.00 300.00 1.e. 5th CLASS MUNICIPALITIES: The following tabulation shall apply: Name of Municipality R1 R2 R3 R4 R5 R6 1. BOMBON 2,000.00 1,600.00 1,200.00 800.00 600.00 - 2. CABUSAO - - - 800.00 600.00 400.00 3. GAINZA - 1,600.00 1,200.00 800.00 600.00 - 4. CAMALIGAN 2,000.00 1,600.00 1,200.00 800.00 600.00 - PART I.B Commercial Lands SECTION 2. The following shall be the base market values for commercial lands per municipality's income classification: 2.a. 1st CLASS MUNICIPALITIES: The following tabulation shall apply: Name of Municipality C1 C2 C3 C4 C5 1. PILI (Capital Town) 5,800.00 3,800.00 2,200.00 - - 2. BUHI - 3,800.00 2,200.00 1,300.00 - 3. NABUA - 3,800.00 2,200.00 1,300.00 - 4. RAGAY - - 2,200.00 1,300.00 800.00 5. CALABANGA - 3,800.00 2,200.00 1,300.00 800.00 6. LIBMANAN - 3,800.00 2,200.00 1,300.00 - 7. TINAMBAC - - 2,200.00 1,300.00 800.00 8. SIPOCOT - 3,800.00 2,200.00 - - 2.b. 2nd CLASS MUNICIPALITIES: The following tabulation shall apply: Name of Municipality C1 C2 C3 C4 1. GOA 5,000.00 3,000.00 - - 2. LAGONOY - 3,000.00 2,000.00 - 3. CARAMOAN - - 2,000.00 1,000.00 4. BULA - - 2,000.00 1,000.00 2.c. 3rd CLASS MUNICIPALITIES: The following tabulation shall apply: Name of Municipality C1 C2 C3 C4 C5 1. BAAO 2,800.00 1,900.00 1,100.00 - - 2. BATO - 1,900.00 1,100.00 700.00 - 3. LUPI - 1,900.00 1,100.00 700.00 - 4. MINALABAC 2,800.00 1,900.00 - - - 5. OCAMPO 2,800.00 1,900.00 1,100.00 - - 6. PASACAO 2,800.00 1,900.00 1,100.00 700.00 - 7. TIGAON 2,800.00 1,900.00 1,100.00 - - 2.d. 4th CLASS MUNICIPALITIES: The following tabulation shall apply: Name of Municipality C1 C2 C3 C4 C5 C6 1. BALATAN - - - 1,300.00 900.00 - 2. CANAMAN - 2,100.00 1,600.00 1,300.00 - - 3. DEL GALLEGO - - 1,600.00 1,300.00 - - 4. GARCHITORENA - - - 1,300.00 900.00 - 5. MAGARAO 2,700.00 2,100.00 1,600.00 - - - 6. MILAOR 2,700.00 2,100.00 1,600.00 - - - 7. PAMPLONA - - 1,600.00 1,300.00 900.00 - 8. PRESENTACION - - 1,600.00 1,300.00 900.00 - 9. SAN FERNANDO 2,700.00 2,100.00 1,600.00 - - - 10. SAGAY - - - 1,300.00 900.00 - 11. SAN JOSE 2,700.00 2,100.00 1,600.00 - - - 12. SIRUMA - - - - 900.00 600.00 2.e. 5th CLASS MUNICIPALITIES: The following tabulation shall apply: Name of Municipality C1 C2 C3 C4 C5 C6 1. BOMBON - 2,100.00 1,600.00 1,300.00 - - 2. CABUSAO - - - 1,300.00 900.00 600.00 3. GAINZA - 2,100.00 1,600.00 1,300.00 900.00 600.00 4. CAMALIGAN 2,700.00 2,100.00 1,600.00 - - - PART I.C Industrial Lands Industrial lands shall be appraised and assessed using the same value as that in the 1997 SMV applicable in each municipality. SECTION 3. INDUSTRIAL LANDS shall be valued per square meter as follows: (Please refer to 1997 Schedule of Fair Market Value for Industrial Lands.) SECTION 4. The following STANDARD DEPTHS shall be applied: 4.a. For Residential Lands = 20 meters SECTION 5. The following CORNER INFLUENCES shall be applied: 5.a. for Residential Lands = ADD 10% to value. 5.b. for Commercial Lands = ADD 20% to value. SECTION 6. The following ADJUSTMENT FACTORS for URBAN (Residential) LANDS shall also be applied: CAIHTE 6.a. Stripping Method: First Strip 100% Second Strip 80% Third Strip 60% Fourth Strip 40% Remaining Area 20% 6.b. Adjustment factor for Sunken Area: Road Level or by less than 1.5 meters 0% or no adjustment Low areas by 1.5 meters or more 16% PART II Agricultural Lands & Improvements SECTION 7. Market values shall be determined on the basis of its actual classification and applicable approved Schedule of Base Unit Market Values, where the lands are situated. Authorized adjustments shall be also applied, such as deduction for type of and distance from all-weather road and addition/deduction on distance to local trading center. SECTION 8. The principal crop shall be the basis of classifying the agricultural land such as rice, corn, coconut, abaca, and other crops predominantly developed in the land and/or locality. Each class shall be further sub-classified into 1st, 2nd, 3rd or more classes on the basis of their productivity gathered from the informations obtained from the Department of Agriculture and other line agencies. SECTION 9. The productivity classification of crop lands shall be determined by the assessor on the basis of its annual yield per hectare. He shall always see to it that in setting up the ranges of annual yield in each class, it is always reasonable. Each crop land shall use the applicable unit of measure, such as cavan for palay, picul for sugar, kilos for fishpond, etc. For fruit bearing trees, it is the number of fruits that shall be used as the basis of measure. SECTION 10. The following table shall apply for FIRST TO FOURTH CLASS Municipalities: 1. Pili; 2. Nabua; 3. Calabanga; 4. Libmanan; 5. Sipocot; 6. Buhi; 7. Bula; 8. Goa; 9. Lagonoy; 10. Ragay; and 11. Tinambac. (adopting the 1997 Schedule of Fair Market Value) KIND OF AGRICULTURAL LAND PRODUCTIVITY CLASSIFICATION and UNIT VALUE/Hectare 1st Class 2nd Class 3rd Class 4th Class 5th Class 1. Riceland, Irrigated 128,200.00 96,200.00 64,200.00 32,000.00 - 2. Riceland, Unirrigated 96,200.00 72,200.00 48,200.00 25,000.00 - 3. Riceland, Upland 48,200.00 32,200.00 19,700.00 - - 4. Corn land 63,200.00 42,200.00 21,000.00 - - 5. Coconut land 90,200.00 67,700.00 45,200.00 22,500.00 - Coco tree/trees 500.00 375.00 250.00 125.00 - 6. Abaca land 66,000.00 44,200.00 21,600.00 - - Abaca plant 66,000.00 44,200.00 21,600.00 - - 7. Banana Land 240,300.00 180,000.00 120,000.00 60,000.00 - Banana plant/cluster 360.00 270.00 180.00 90.00 - 8. Bamboo land 192,000.00 122,000.00 96,000.00 48,000.00 - Bamboo trees/cluster 490.00 370.00 250.00 120.00 - 9. Nipa land 30,100.00 22,600.00 15,100.00 7,600.00 - Nipa plant/hectare 30,100.00 22,600.00 15,100.00 7,600.00 - 10. Orchard land 208,000.00 150,000.00 100,000.00 50,000.00 - 11. Sugarland 109,600.00 82,000.00 54,800.00 27,100.00 - 12. Rootcrops land 120,000.00 80,000.00 40,000.00 - - 13. Cacao land 184,800.00 138,600.00 92,400.00 61,500.00 - Cacao tree/tree 170.00 125.00 85.00 40.00 - 14. Coffee land 180,000.00 135,000.00 90,100.00 45,000.00 - Coffee tree/tree 155.00 115.00 70.00 30.00 - 15. Fishpond (Prawn) 264,200.00 200,100.00 150,100.00 100,100.00 50,000.00 16. Fishpond (Mud Crab) 180,100.00 144,100.00 108,100.00 72,100.00 36,000.00 17. Fishpond (Bangus) 230,400.00 172,800.00 115,200.00 70,000.00 35,000.00 18. Fishpond (Tilapia) 134,400.00 100,800.00 75,000.00 50,000.00 25,000.00 SECTION 11. The following table shall apply for FIFTH CLASS Municipalities: 1. Baao; 2. Balatan; 3. Bato; 4. Canaman; 5. Caramoan; 6. Del Gallego; 7. Garchitorena; 8. Lupi; 9. Minalabac; 10. Ocampo; 11. Pamplona; 12. Pasacao; 13. Sagay; 14. San Fernando; 15. San Jose; 16. Siruma; and 17. Tigaon. (adopting the 1997 Schedule of Fair Market Value) KIND OF AGRICULTURAL LAND PRODUCTIVITY CLASSIFICATION and UNIT VALUE/Hectare 1st Class 2nd Class 3rd Class 4th Class 5th Class 1. Riceland, Irrigated 122,800.00 90,800.00 58,800.00 28,600.00 - 2. Riceland, Unirrigated 92,200.00 68,200.00 44,200.00 23,800.00 - 3. Riceland, Upland 45,500.00 29,700.00 19,200.00 - - 4. Corn land 59,600.00 38,600.00 17,400.00 - - 5. Coconut land 86,500.00 64,000.00 41,500.00 18,800.00 - Coco tree/trees 480.00 355.00 230.00 105.00 - 6. Abaca land 62,300.00 40,500.00 17,900.00 - - Abaca plant 62,300.00 40,500.00 17,900.00 - - 7. Banana Land 230,000.00 170,000.00 110,000.00 50,000.00 - Banana plant/cluster 350.00 260.00 170.00 80.00 - 8. Bamboo land 184,000.00 136,000.00 88,000.00 40,000.00 - Bamboo trees/cluster 470.00 350.00 230.00 95.00 - 9. Nipa land 28,800.00 21,300.00 13,800.00 6,300.00 - Nipa plant/hectare 28,800.00 21,300.00 13,800.00 6,300.00 - 10. Orchard land 198,200.00 141,700.00 91,700.00 41,700.00 - 11. Sugarland 105,000.00 77,600.00 51,300.00 22,600.00 - 12. Rootcrops land 113,300.00 73,300.00 33,300.00 - - 13. Cacao land 177,100.00 130,900.00 84,700.00 57,600.00 - Cacao tree/tree 160.00 120.00 80.00 50.00 - 14. Coffee land 172,500.00 127,500.00 82,600.00 37,500.00 - Coffee tree/tree 145.00 105.00 60.00 24.00 - 15. Fishpond (Prawn) 252,300.00 191,700.00 141,700.00 91,700.00 41,600.00 16. Fishpond (Mud Crab) 174,100.00 138,100.00 102,100.00 66,100.00 30,000.00 17. Fishpond (Bangus) 220,800.00 163,200.00 105,600.00 67,200.00 29,200.00 18. Fishpond (Tilapia) 128,900.00 95,800.00 70,800.00 45,800.00 20,800.00 SECTION 12. The following table shall apply for SIXTH CLASS Municipalities: 1. Bombon; 2. Cabusao; 3. Camaligan; 4. Gainza; 5. Magarao; 6. Milaor; and 7. Presentacion. (adopting the 1997 Schedule of Fair Market Value) KIND OF AGRICULTURAL LAND PRODUCTIVITY CLASSIFICATION and UNIT VALUE/Hectare 1st Class 2nd Class 3rd Class 4th Class 5th Class 1. Riceland, Irrigated 117,500.00 85,500.00 53,500.00 29,300.00 - 2. Riceland, Unirrigated 88,100.00 64,100.00 40,100.00 23,800.00 - 3. Riceland, Upland 42,800.00 26,800.00 19,200.00 - - 4. Corn land 56,100.00 35,100.00 13,900.00 - - 5. Coconut land 82,700.00 60,200.00 37,700.00 15,000.00 - Coco tree/trees 460.00 335.00 210.00 85.00 - 6. Abaca land 58,600.00 36,800.00 14,700.00 - - Abaca plant 58,600.00 36,800.00 14,700.00 - - 7. Banana Land 220,900.00 160,000.00 10,000.00 40,000.00 - Banana plant/cluster 330.00 240.00 150.00 60.00 - 8. Bamboo land 176,000.00 128,000.00 80,000.00 32,000.00 - Bamboo trees/cluster 400.00 330.00 210.00 75.00 - 9. Nipa land 27,600.00 20,100.00 12,600.00 5,000.00 - Nipa plant/hectare 27,600.00 20,100.00 12,600.00 5,000.00 - 10. Orchard land 187,700.00 133,300.00 83,300.00 33,300.00 - 11. Sugarland 100,500.00 72,900.00 45,700.00 20,700.00 - 12. Rootcrops land 106,700.00 66,700.00 26,700.00 - - 13. Cacao land 169,400.00 123,200.00 77,000.00 53,600.00 - Cacao tree/tree 155.00 110.00 70.00 50.00 - 14. Coffee land 165,000.00 120,000.00 75,100.00 30,000.00 - Coffee tree/tree 135.00 90.00 50.00 25.00 - 15. Fishpond (Prawn) 240,300.00 183,400.00 133,400.00 83,400.00 33,300.00 16. Fishpond (Mud Crab) 168,100.00 132,100.00 96,100.00 60,100.00 24,800.00 17. Fishpond (Bangus) 211,200.00 153,500.00 96,000.00 67,000.00 28,000.00 18. Fishpond (Tilapia) 123,000.00 91,700.00 66,700.00 41,700.00 16,700.00 SECTION 13. The following table shall apply to OTHER IMPROVEMENTS (Fruit trees, perennial plants, etc.): (adopting the 1997 Schedule of Fair Market Value) KIND OF TREE/PLANT PRODUCTIVITY CLASSIFICATION and UNIT VALUE 1st Class 2nd Class 3rd Class 4th Class 1. Anahaw Tree* 200.00 100.00 75.00 20.00 2. Anonas Tree 110.00 70.00 50.00 20.00 3. Atis 100.00 70.00 50.00 15.00 4. Avocado Tree 220.00 140.00 100.00 30.00 5. Baligang (Blackberries) tree* 800.00 500.00 300.00 35.00 6. Balimbing Tree 100.00 70.00 50.00 20.00 7. Bettlenut tree 100.00 70.00 50.00 20.00 8. Breadfruit tree 200.00 100.00 75.00 20.00 9. Buri Palm tree 200.00 100.00 75.00 20.00 10. Bunga tree 100.00 70.00 50.00 20.00 11. Buyo vines 50.00 35.00 25.00 15.00 12. Calpi tree 70.00 55.00 35.00 15.00 13. Caimito (Star Apple) tree 210.00 130.00 90.00 20.00 14. Casoy tree 150.00 90.00 70.00 20.00 15.a Chico Tree (Giant Variety) 350.00 220.00 150.00 40.00 15.b Chico Tree (Small Variety) 280.00 175.00 90.00 30.00 16. Duhat tree* 400.00 300.00 125.00 30.00 17.a Guava tree (Giant Variety) 110.00 70.00 50.00 15.00 17.b Guava tree (Giant Variety) 80.00 60.00 50.00 15.00 18. Gumian tree 480.00 270.00 140.00 30.00 19. Grapes vine 400.00 300.00 150.00 75.00 20. Guyabano tree 150.00 100.00 70.00 20.00 21. Iba (Camias) tree 80.00 60.00 40.00 20.00 22. Kapok tree 60.00 40.00 20.00 10.00 23. Lanzones tree 500.00 350.00 200.00 50.00 24.a. Lemon tree (Native Variety) 180.00 110.00 60.00 20.00 24.b. Lemon tree (Lemon real) 200.00 130.00 75.00 30.00 25. Macopa tree* 480.00 270.00 140.00 30.00 26. Malunggay tree 40.00 30.00 20.00 10.00 27.a. Mango tree (carabao variety*) 1,000.00 700.00 400.00 100.00 27.b. Mango tree (pico & indian*) 800.00 550.00 300.00 50.00 27.c. Mango tree (other varieties) 400.00 250.00 100.00 25.00 28. Nangka (Jackfruit) 200.00 100.00 75.00 30.00 29.a. Naranghita tree (batangas) 500.00 300.00 100.00 50.00 29.b. Naranghita tree (other variety) 300.00 175.00 60.00 25.00 30. Papaya tree 100.00 70.00 40.00 10.00 31. Pili tree* 800.00 550.00 300.00 50.00 32.a. Pineapple plant/hill (hawaiian) 5.00 4.00 3.00 1.00 32.b. Pineapple plant/hill (formosa) 4.00 3.00 2.00 0.75 32.c. Pineapple plant/hill (native) 2.00 1.75 1.00 0.50 33. Pomelo tree 400.00 200.00 100.00 35.00 34. Ransas tree 200.00 100.00 60.00 25.00 35. Rootcrop (per group/hill): a. Cassava 6.00 4.00 2.00 0.50 b. Gabi (natong) 1.00 0.75 0.50 0.25 c. Gabi (boncocan) 3.00 2.00 1.00 0.50 d. Taro roots (Gallang) 3.00 2.00 1.00 0.50 e. Potato (Patatas) 20.00 15.00 10.00 5.00 f. Sweet Potato (Camote) 5.00 3.50 2.00 0.50 36.a Santol tree (Bangkok*) 600.00 400.00 100.00 50.00 36.b. Santol tree (Native*) 500.00 300.00 90.00 25.00 37. Sineguelas tree 400.00 200.00 100.00 35.00 38. Sunkist tree 600.00 400.00 200.00 75.00 39. Tamarind tree* 500.00 300.00 75.00 20.00 40. Abaca (per hectare) (refer to Product Classification per LGU's Income Class) 41. Coco tree (per hectare) (refer to Product Classification per LGU's Income Class) 42. Banana (per cluster) (refer to Product Classification per LGU's Income Class) 43. Bamboo (per cluster) (refer to Product Classification per LGU's Income Class) 44. Nipa (per hectare) (refer to Product Classification per LGU's Income Class) 45. Cacao tree (per tree) (refer to Product Classification per LGU's Income Class) 46. Coffee (per tree) (refer to Product Classification per LGU's Income Class) 47. Mangosteen tree 300.00 200.00 100.00 40.00 48. Tambis tree 200.00 100.00 50.00 20.00 49. Black Pepper vine 100.00 75.00 50.00 25.00 50. Chisa tree 200.00 100.00 50.00 20.00 51. TREES FOR LUMBER a. Group "A"/tree 1,000.00 600.00 400.00 50.00 b. Group "B"/tree 800.00 500.00 300.00 35.00 c. Group "C"/tree 600.00 300.00 200.00 20.00 d. Group "D"/tree 400.00 250.00 100.00 15.00 * - used for construction/structural lumber. PART III Other Lands (without productivity classification) (adopting the 1997 Schedule of Fair Market Value) SECTION 14. Lands listed below shall be valued as follows: 14.a. COGON: DETACa 1) Along or adjacent to access road 23,200.00 per ha. 2) Inside or Interior Lands 15,500.00 per ha. 14.b. SWAMP (Land suitable for planting Gabi, Galiang, and other varieties) 17,400.00 per ha. 14.c. MARSH/MANGROVE (swamp or fishery lands) 17,250.00 per ha. 14.d. PASTURE/GRAZING: 1) Along or adjacent to access road 23,200.00 per ha. 2) Inside or Interior Lands 15,500.00 per ha. 14.e. FOREST: 1) First Growth Forest (Timber) 15,000.00 per ha. 2) Second Growth Forest (Firewood) 14,400.00 per ha. 14.g. n MINERAL LANDS: Mineral Lands are lands in which minerals, metallic or non-metallic exist in sufficient quantity or grade to justify the necessary expenditures to extract and utilize such materials. The market values of mineral lands shall be determined on the basis of the following market values: (adopting the 1997 Schedule of Fair Market Value) 14.g.1. METALLIC: 14.g.1.a. Patented lode mining claims, producing or non-producing 10,800.00 per ha. 14.g.1.b. Unpatented producing lode mining claims which may be patented 10,800.00 per ha. 14.g.1.c. Unpatented non-producing lode mining claims which may be patented 5,400.00 per ha. 14.g.1.d. Patented placer mining claims, producing or non-producing 5,400.00 per ha. 14.g.1.e. Unpatented producing placer mining claims which may be patented 5,400.00 per ha. 14.g.1.f. Unpatented non-producing placer mining claims which may be patended 2,700.00 per ha. 14.g.2. NON-METALLIC: 14.g.2.a. Patented, producing or non-producing 2,700.00 per ha. 14.g.2.b. Unpatented, producing, which may be Patented 2,700.00 per ha. 14.g.2.c. Unpatented, non-producing, which may be patented 2,400.00 per ha. PART IV Location Adjustment Factors for Agricultural Lands (adopting the 1997 Schedule of Fair Market Value) SECTION 15. On values for agricultural lands: 15.a. Provincial or National Highways No deduction from basic value 100% 15.b. For other all-weather roads* 3% deduction from basic value 100% 15.c. Dirt Roads 6% deduction from basic value 100% 15.d. For no road outlets 9% deduction from basic value 100% SECTION 16. Locations: TYPE OF LOCATION ADJUSTMENT FACTORS Distance in km. to (a) All-weather road* (b) Local Trading Center (Poblacion) 0-1 0 +5% over 1-3 -2% 0 over 3-6 -4% -2% over 6-9 -6% -4% over 9 -8% -6% PART V Machineries (Appraisal and Assessment) SECTION 17. New Machineries . The market value of a newly acquired machinery shall be determined on the basis of its original or acquisition cost, which includes freight and insurance charges, handling, installation and cost of inland transportation at the present rate. SECTION 18. Old Machineries . The current market value of an old machinery shall be equivalent to the replacement cost of the same at the time of appraisal, LESS accumulated depreciation. SECTION 19. Imported Machineries . The original acquisition cost shall normally includes freight and insurance charges, bank charges, brokerage, arrastre and handling, customs duties and taxes plus the cost of inland transportation and handling, and significant installation charges at the site where it is installed. SECTION 19.a. The following formula shall be applied in the CONVERSION OF THE DOLLAR COST OF MACHINERY INTO PESO COST: Step 1 CDER/DERTA = CF where: CDER Current Dollar Exchange Rate DERTA Dollar Exchange Rate at Time of Acquisition CF Conversion Factor Step 2 OC x CF = RCN where: OC Original Cost RCN Replacement or Reproduction Cost New Note: Dollar and other currency exchange rates shall be based from the table of currency rates from the Bangko Sentral ng Pilipinas. Cross checking of Replacement or Reproduction Cost New against the prevailing prices in the open market obtained from manufacturers, suppliers and/or dealers of the same machinery shall be one. SECTION 20. Locally Manufactured Machineries. Replacement or Reproduction Cost New shall be determined in similar manner as imported machineries by using the price index by the National Economic and Development Authority (NEDA). Step 3 REL/EL x RCN = Current & Fair Market Value where: REL Remaining Economic Life EL Economic Life Note: Particular operating conditions, experience, and informed judgement as to technological improvements of the machinery shall be the basis by the owner/administrator in estimating its economic life. SECTION 21. To the extent possible, the remaining economic life of the machinery shall be determined by the examination of the actual physical condition, degree of utility and available records of the owners and/or records of the manufacturers, suppliers and/or dealers or government agencies. PART V-A Depreciation Allowance for Machineries SECTION 22. For purposes of assessment, a depreciation allowance shall be made for machinery at a rate not exceeding five percent (5%) of its original cost or its replacement or reproduction cost, as the case may be, for each year of use; Provided, however, that the remaining value of all kinds of machinery shall be fixed at not less than twenty (20%) of such original cost, replacement, or reproduction cost for so long as the machinery is useful and in operation. PART V-B Establishing Assessed Value SECTION 23. The current and fair market value multiplied by the approved/applicable assessment level is the assessed value of the machineries which shall be maintained for purposes of the general revision of assessment but in no case such levels be lower than those prescribed for the lands on which the machinery is located nor more than eighty percent of the current and fair market value of such machinery. PART VI Buildings/Structures (Schedule of Buildings and Other Improvements) SECTION 24. Buildings shall be classified in accordance with their actual construction and structural characteristics (structural design) for which they are intended, regardless of their actual use. Unit values are established for each class and sub-class together with a set of addition and deduction factors. SECTION 25. To establish and find out if what schedule of base unit value/cost for a certain building is applicable, each type of structure are grouped in accordance with the kind and quality of workmanship applied and materials used on the construction, such as Type I-A to B; Type II-A to C; Type III-A to C; Type IV-A to C; and Type V. Said schedule of base unit value is based from the standard base specifications prepared, defining and describing each type. Buildings and other structures depreciate in value due to wear and tear, and other factors brought about by the passage of time. SECTION 25.A. Classifications of Buildings and Other Structures : TYPE I REINFORCED CONCRETE A. The whole structure (columns, beams, walls, floors, and roofing) is reinforced concrete. B. Same as "A" but walls are of concrete hollow blocks (CHB). TYPE II MIXED MATERIALS (Concrete and high grade woods) A. Reinforced concrete columns, beams, floor slabs, bath & toilet, ground floors; CHB walls and partitions on lower level; Standard Class wooden and framings on upper level, naliers and roof framings; and tiles, GI sheet or similar materials for roofing. B. Reinforced concrete columns and beams; Concrete bath & toilet, and ground floorings; CHB walls and partitions in ground levels; Standard Class wooden girders, beams and joists, structural framings; Class "B" wooden upper flooring, structural and roof framings; and tiles or GI sheet roofing. TYPE III STRONG MATERIALS A. Mixed concrete and Class "A" Columns/posts; Concrete bath & toilet, ground flooring, CHB walls on the first floor; Standard class wooden girders, beams, joists, upper flooring, structural and roof framings; Aluminum, asbestos or GI sheet roofing materials. B. First group wooden posts; Standard class wooden materials for walls, flooring and stairs and other structural members; Combination of adobe or CHB and wooden walls; GI sheet roofing materials. C. First group wood posts; Second group wooden walls flooring etc.; GI sheet roofing materials. TYPE IV LIGHT MATERIALS A. First group wood posts; Others, second and third groups; Anahaw, nipa or cogon roofings. B. Second group wooden posts; Second and third group wood or bamboo materials for other structures members; Native materials for roofing. C. All structural members are made of bamboo, coconut trunk, and other native materials; Native materials for roofing. TYPE V TEMPORARY MAKESHIFT STRUCTURES She and/or lean-to structures which are made of local raw and construction materials. SECTION 25.B. Addition and Deduction Schedules for Buildings . Structures falling in one classification are not all exact replica of each other, or of the standard adopted in preparation of the Schedule of Values. It follows therefore that their area and classification may be the same but they have different value. To compensate for said differences in value, a set of schedule of adjustment factors is prepared hereunder which treat only items that are commonly found deviating from the construction standard and expressed as percentage of the Base Unit Construction Cost listed in the Schedule or the construction cost. Addition and Deduction factors is also prepared by the qualitative and quantitative analysis method, as follows: aDSIHc I ADDITION SCHEDULES: 1. Foundation. Buildings in excess of three (3) storeys, ADD: TYPE I Foundation area x PhP400.00 x number of excess floors. TYPE II Foundation area x PhP300.00 x number of excess floors. TYPE III Foundation area x PhP200.00 x number of excess floors. PILING a) Steel, PhP400.00 to PhP1,200.00/lin.m.; b) Concrete, PhP500.00 to PhP700.00/lin.m.; c) Timber, PhP450.00 to PhP650.00/lin.m. 2. Flooring. Floor finish other than concrete slab and plain cement finish: a) Marble slabs, ADD PhP300.00 to PhP500.00/sq.mtr.; b) Marble tiles, ADD PhP275.00 to PhP475.00/sq.mtr.; c) Crazy-cut marble, ADD PhP250.00 to PhP450.00/sq.mtr.; d) Granulethic, linoletile or wood tiles, ADD PhP200.00 to PhP400.00/sq.mtr.; e) Narra, Yacal, ADD PhP300.00 to PhP500.00/sq.mtr.; f) Narra/Fancy wood tiles, ADD PhP250.00 to 475.00/sq.mtr.; g) Ordinary wood tiles, ADD PhP175.00 to PhP375.00/sq.mtr.; h) Vinyl, rubber cement or asphalt tiles, ADD PhP150.00 to PhP350.00/sq.mtr.; i) Cement tiles, ADD PhP200.00 to PhP300.00/sq.mtr.; j) Washout peebles, ADD PhP200.00 to 350.00/sq.mtr. 3. Walling and Partitions. a) Marble slabs, ADD PhP350.00 to PhP550.00/sq.mtr.; b) Marble tiles, ADD PhP300.00 to PhP500.00/sq.mtr.; c) Crazy-cut marble, ADD PhP275.00 to PhP475.00/sq.mtrs.; d) Synthetic marble and other polished finish, ADD PhP250.00 to PhP450.00/sq.mtr. of the affected area; e) Washout and other similar wall finish, ADD PhP150.00 to PhP300.00/sq.mtr. of the affected area; f) Narra and other similar wood panel, ADD PhP300.00 to PhP500.00/sq.mtr. of the affected area; g) Ashlar brick marble tiles and other similar wall plaster finishing materials, ADD PhP300.00 to PhP500.00/sq.mtr. of the affected area. 4. Ceiling. a) Ordinary drop ceiling on reinforced concrete floor slab, ADD PhP200.00 to PhP400.00 per sq.mtr. of the area affected; b) Luminous materials, ADD PhP200.00 to PhP400.00/sq.mtr.; c) Narra and other similar special panels, ADD PhP400.00 to PhP600.00 per sq.mtr. of the affected area; d) Accoustics, ADD PhP200.00 to PhP400.00/sq.mtr. 5. Special Aluminum Panels with Glass Panes. a) Ordinary size, ADD PhP500.00 to PhP1,500.00 per sq.mtr.; b) Extra size, ADD PhP1,000.00 to PhP3,000.00/sq.mtr.; For tinted glass, ADD PhP50.00/sq.mtr. 6. Height of Building. STANDARD HEIGHT: a) Residential building 3 meters b) Commercial and Office buildings 1. Without mezzanine floor 3 to 4.5 meters 2. With mezzanine floor 5 meters c) Warehouse 5 meters d) Typical upper floors 3 meters EXCESS HEIGHT: a) Residential and Commercial, ADD 5% for every 1/4 meter to base rate; b) Bodega and Factory, ADD 5% for every 1/3 meter to base rate. DEFICIENCY IN HEIGHT: a) Residential and Commercial, SUBTRACT 5% for every 1/4 m. base rate; b) Bodega and Factory, SUBTRACT 5% for every 1/3 meter to base rate. 7. Roof Deck. a) OPEN = Area x 30% to 40% of Base Rate per sq. meter; b) COVERED = Area x 40% to 60% of Base Rate per sq. meter. 8. Carport. Area x 30% to 40% of Base Rate per square meter. 9. Garage. Area x 40% to 60% of Base Rate per square meter. 10. Mezzanine. Area x 40% to 60% of Base Rate per square meter. 11. Terrace/Porch. a) OPEN = Area x 10% to 30% of Base Rate per square meter; b) COVERED = Area x 30% to 50% of Base Rate per square meter. 12. Basement. Area x 100% to 150% of Base Rate per square meter. 13. Balcony. Area x 20% to 40% of Base Rate per square meter. 14. Roofing. a) Clay tiles on timber framing, ADD PhP300.00 to PhP600.00 per square meter; b) Clay tiles on RC slab, ADD PhP500.00 to PhP1,000.00 per square meter; c) Galvanized Iron (GI), Aluminum or Asbestos roofing materials, ADD PhP250.00 to PhP450.00 per square meter; d) Reinforced concrete slab, ADD PhP300.00 to PhP700.00 per square meter. 15. Windows Grilles. ADD PhP200.00 to PhP600.00 per square meter; 16. Bathrooms. Bathtub, ADD PhP3,000.00 to PhP5,000.00 per square meter. II DEDUCTION SCHEDULES: 1. No Ceiling: LESS, Area x 3% to 5% of Base Rate per square meter. 2. No Electrical Installation: LESS, 2% to 5% of Building Cost. 3. Toilet and Bathrooms: Deduct for a) No Water Closet @ PhP3,000.00 to PhP5,000.00 b) No Lavatory @ PhP2,000.00 to PhP4,000.00 c) No Shower @ PhP300.00 to PhP1,500.00 4. No Toilet & Bathroom 5% to 15% of Building Cost 5. No Water Installation 2% to 7% of Building Cost 6. No Paintings 5% to 10% of Building Cost 7. No Partitions 5% to 10% of Building Cost 8. Second Hand Materials 5% to 10% of Building Cost SECTION 25.C. Schedule of Base Value for Pavements . 1. Commercial and Industrial Buildings. a) Reinforced concrete slab, 10cm. PhP400.00 to PhP700.00/sq.mtr. (In excess or less than 10cm Standard thickness of concrete slab ADD or DEDUCT PhP100.00 to PhP175.00 for every 2.5 cm respectively per square meter.) b) Plain concrete slab, 10cm PhP200.00 to PhP400.00/sq.mtr. (In excess or less than 10cm Standard thickness of concrete slab ADD or DEDUCT PhP50.00 to PhP100.00 for every 2.5 cm. respectively per square meter.) c) Asphalt, one (1) course PhP100.00 to PhP200.00/sq.mtr. 2. Light Industry Buildings (Service, gas stations, etc.): a) Concrete slab with 14mm reinforced bars, @ 30cm bothways, 10cm. Thickness on 10cm Gravels PhP500.00 to PhP800.00/sq.mtr. (In excess or less than 10cm. Standard thickness of concrete slab ADD or DEDUCT PhP125.00 to PhP200.00 for every 2.5cm respectively per square meter.) b) Plain concrete slab, 10cm PhP200.00 to PhP400.00/sq.mtr. (In excess or less than 10cm Standard thickness of concrete slab ADD or DEDUCT PhP50.00 to PhP100.00 for every 2.5 cm. respectively per square meter.) c) Ready-mixed pavement, 10cm. thick PhP100.00 to PhP200.00/sq.mtr. (Bituminous Asphalt) 3. Heavy Industries (Class "A" concrete): a) Concrete slab with 14mm reinforced bars, @ 30cm bothways, 15cm thickness on 10cm gravels PhP650.00 to PhP1,000.00/sq.mtr. (In excess or less than 10cm standard thickness of concrete slab ADD or DEDUCT PhP120.00 to PhP180.00 for every 2.5cm respectively per square meter. b) Plain concrete slab 15cm PhP300.00 to PhP500.00/sq.mtr. (In excess or less than 10cm standard thickness of concrete slab ADD or DEDUCT PhP50.00 to PhP85.00 for every 2.5cm respectively per square meter. SECTION 25.D. Schedule of Base Value for Fences (Standard Height is 2 meters from Foundation) . 1. Reinforced Concrete. a. 15cm(6") with cement plaster finish PhP650.00 to PhP1,000.00/lin.m. b. l5cm(6") without plaster finish PhP600.00 to PhP800.00/lin.m. c. 10cm(4") with cement plaster finish PhP500.00 to PhP800.00/lin.m. d. 10cm(4") without plaster finish PhP400.00 to PhP700.00/lin.m. 2. Concrete Hollow Blocks (CHB). a. 15cm(6") with cement plaster finish PhP450.00 to PhP650.00/lin.m. b. 15cm(6") without plaster finish PhP400.00 to PhP600.00/lin.m. c. 10cm(4") with cement plaster finish PhP350.00 to PhP450.00/lin.m. d. 10cm(4") without plaster finish PhP300.00 to PhP400,00/lin.m. 3. Adobe Stone. a. With cement plaster PhP400.00 to PhP500.00/lin.m. b. Without cement plaster PhP350.00 to PhP450.00/lin.m. 4. Wood or Timber. a. High grade railings and posts on concrete foundations PhP450.00 to PhP650.00/lin.m. b. High grade railings and posts without con. foundations PhP350.00 to PhP550.00/lin.m. c. Standard railings and posts with concrete foundations PhP350.00 to PhP550.00/lin.m. d. Standard railings and posts without con. foundations PhP275.00 to PhP475.00/lin.m. 5. Stranded or Interlink Wirings (Hog, Chicken or Barbed). a. On concrete posts PhP400.00 to PhP600.00/lin.m. b. On wood/timber posts PhP350.00 to PhP550.00/lin.m. 6. Steel Grilles. Round, flat or square bars PhP150.00 to PhP350.00/lin.m. 7. Others PhP150.00 to PhP350.00/lin.m. SECTION 25.E. Schedule of Base Value for Gates . 1. Steel Gates (Black Iron or GI Sheet). a. On Steel Framings PhP300.00 to PhP500.00/sq.mtr. b. On Wooden Framings PhP200.00 to PhP400.00/sq.mtr. 2. Wooden Gates. a. On Steel Framings PhP200.00 to PhP400.00/sq.mtr. b. On Wooden Framings PhP150.00 to PhP350.00/sq.mtr. SECTION 25.F. Unit-in-Place Cost Schedule of Building Items . Note : A single unit-in-place cost is a combination of materials, labor and overhead cost. ETHIDa 1. Foundation/Footings. a. Reinforced Concrete Foundation PhP1,500.00 to PhP3,000.00/cu.m. b. Plain Concrete Foundation PhP1,000.00 to PhP2,000.00/cu.m. 2. Column/Posts. a. Reinforced Concrete Column (Ground Floor) PhP2,000.00 to PhP3,500.00/cu.m. (LESS: 2% per cu.m. for each floor level above Ground Floor) b. High Grade Timber PhP18.00/bd.ft. plus 30% c. Standard Grade Timber PhP14.50/bd.ft. plus 30% 3. Exterior Walls and Finishing Materials. a. Reinforced Concrete. a.1. 15cm(6") with cement plaster finish PhP650.00 to PhP1,300.00/sq.mtr. a.2. 15cm(6") no plaster finish PhP600.00 to PhP900.00/sq.mtr. a.3. 10cm(4") with cement plaster finish PhP500.00 to PhP900.00/sq.mtr. a.4. 10cm(4") no plaster finish PhP400.00 to PhP800.00/sq.mtr. b. Concrete Hollow Blocks (CHB). b.1. 15cm(6") with cement plaster finish PhP450.00 to PhP700.00/sq.mtr. b.2. 15cm(6") no plaster finish PhP400.00 to PhP650.00/sq.mtr. b.3. 10cm(4") with cement plaster finish PhP350.00 to PhP500.00/sq.mtr. b.4. 10cm(4") no plaster finish PhP300.00 to PhP450.00/sq.mtr. c. Adobe Stone. c.1. With cement plaster finish PhP400.00 to PhP550.00/sq.mtr. c.2. Without cement plaster PhP350.00 to PhP500.00/sq.mtr. d. Wood or Timber. d.1. High grade wood sidings and framings PhP450.00 to PhP700.00/sq.mtr. d.2. High grade wood sidings on standard framings PhP350.00 to PhP600.00/sq.mtr. d.3. Standard grade wood sidings & framings PhP300.00 to PhP550.00/sq.mtr. d.4. Plywood (double wall) on std. grade framings PhP150.00 to PhP300.00/sq.mtr. e. Finishing Materials. e.1. Good quality tiles PhP400.00 to PhP900.00/sq.mtr. e.2. Average quality tiles PhP300.00 to PhP700.00/sq.mtr. e.3. Fair quality tiles PhP200.00 to PhP500.00/sq.mtr. e.4. Poor quality tiles PhP100.00 to PhP300.00/sq.mtr. 4. Roofings. a. Reinforced concrete slab, 10cm PhP400.00 to PhP700.00/sq.mtr. b. Ceramic tiles on reinforced concrete slab PhP700.00 to PhP1,500.00/sq.mtr. c. Ceramic tiles on wood timber framings PhP600.00 to PhP1,300.00/sq.mtr. d. G.I. Sheet (#26) on structural steel framings PhP450.00 to PhP1,000.00/sq.mtr. e. G.I. Sheet (#26) on high grade timber framings PhP300.00 to PhP700.00/sq.mtr. f. G.I. Sheet (#26) on standard timber framings PhP200.00 to PhP500.00/sq.mtr. Note : If Fiberglass sheets used on d, e, and f, ADD PhP300.00 to PhP700.00/sq.mtr. 5. Flooring, Beams and Finishing Materials. a. Reinforced concrete slab, 10cm PhP500.00 to PhP1,000.00/sq.mtr. b. Reinforced concrete slab on fill, 10cm PhP300.00 to PhP700.00/sq.mtr. c. Plain concrete slab on fill, 10cm PhP200.00 to PhP400.00/sq.mtr. d. High grade wood flooring and framings PhP400.00 to PhP900.00/sq.mtr. e. High grade wood flooring on standard grade timber framings PhP300.00 to PhP700.00/sq.mtr. f. Standard grade wood flooring and framings PhP200.00 to PhP400.00/sq.mtr. g. Reinforced concrete beams PhP2,500.00 to PhP4,500.00/cu.m. h. High grade timber beams PhP30.00/bd.ft. plus 30% i. Standard grade timber beams PhP20.00/bd.ft. plus 30% j. Finishing Materials: j.1. Good quality tiles PhP400.00 to PhP1,000.00/sq.mtr. j.2. Average quality tiles PhP300.00 to PhP700.00/sq.mtr. j.3. Fair quality tiles PhP200.00 to PhP500.00/sq.mtr. j.4. Poor quality tiles PhP100.00 to PhP300.00/sq.mtr. 6. Interior Wall/Partitions and Finishing Materials. a. Reinforced Concrete a.1. 15cm(6") with cement plaster finish PhP650.00 to PhP1,300.00/sq.mtr. a.2. 15cm(6") no plaster finish PhP600.00 to PhP900.00/sq.mtr. a.3. 10cm(4") with cement plaster finish PhP500.00 to PhP900.00/sq.mtr. a.4. 10cm(4") no plaster finish PhP400.00 to PhP800.00/sq.mtr. b. Concrete Hollow Blocks (CHB) b.1. 15cm(6") with cement plaster finish PhP450.00 to PhP700.00/sq.mtr. b.2. 15cm(6") no cement plaster finish PhP400.00 to PhP650.00/sq.mtr. b.3. 10cm(4") with cement plaster finish PhP350.00 to PhP500.00/sq.mtr. b.4. 10cm(4") no plaster finish PhP300.00 to PhP450.00/sq.mtr. c. Adobe Stone c.1. With cement plaster PhP400.00 to PhP550.00/sq.mtr. c.2. Without cement plaster PhP350.00 to PhP500.00/sq.mtr. d. Wood or Timber d.1. High grade wood sidings and framings PhP450.00 to PhP700.00/sq.mtr. d.2. High grade wood sidings on standard framings PhP350.00 to PhP600.00/sq.mtr. d.3. Standard grade wood sidings & framings PhP300.00 to PhP550.00/sq.mtr. d.4. Plywood (double wall) on standard grade framings PhP150.00 to PhP300.00/sq.mtr. e. Finishing Materials e.1. Good quality tiles PhP400.00 to PhP900.00/sq.mtr. e.2. Average quality tiles PhP300.00 to PhP700.00/sq.mtr. e.3. Fair quality tiles PhP200.00 to PhP500.00/sq.mtr. e.4. Poor quality tiles PhP100.00 to PhP300.00/sq.mtr. 7. Ceiling. a. High grade wood board and wood framings PhP450.00 to PhP900.00/sq.mtr. b. High grade wood board or plywood on standard wood framings PhP350.00 to PhP750.00/sq.mtr. c. Standard grade wood board and wood framing PhP300.00 to PhP650.00/sq.mtr. d. Plywood on standard grade framings PhP250.00 to PhP600.00/sq.mtr. 8. Plumbing Works. a. Water Closets a.1. Good quality PhP5,000.00 to PhP7,000.00/set a.2. Average quality PhP3,000.00 to PhP4,900.00/set a.3. Fair quality PhP1,000.00 to PhP2,900.00/set a.4. Poor quality PhP200.00 to PhP900.00/set b. Urinals b.1. Good quality PhP4,000.00 to PhP5,000.00/set b.2. Average quality PhP2,000.00 to PhP3,900.00/set b.3. Fair quality PhP1,000.00 to PhP1,900.00/set b.4. Poor quality PhP200.00 to PhP900.00/set c. Lavatories c.1. Good quality PhP4,000.00 to PhP5,000.00/set c.2. Average quality PhP2,000.00 toPhP3,900.00/set c.3. Fair quality PhP1,000.00 to PhP1,900.00/set c.4. Poor quality PhP200.00 to PhP900.00/set d. Finishing Materials d.1. Good quality tiles PhP400.00 to PhP900.00/sq.mtr. d.2. Average quality tiles PhP300.00 to PhP700.00/sq.mtr. d.3. Fair quality tiles PhP200.00 to PhP500.00/sq.mtr. d.4. Poor quality tiles PhP100.00 to PhP300.00/sq.mtr. 9. Electricals. a. Good quality fixtures (wirings in conduit and concealed) PhP500.00 to PhP700.00/outlet b. Average quality fixtures and workmanship PhP300.00 to PhP500.00/outlet c. Fair quality fixtures and workmanship PhP200.00 to PhP300.00/outlet d. Poor quality fixtures and workmanship PhP100.00 to PhP200.00/outlet 10. Millworks. a. Doors a.1. Aluminum-framed glass PhP2,000.00 to PhP6,000.00/sq.mtr. a.2. High-grade wood (carved) PhP2,000.00 to PhP8,000.00/sq.mtr. a.3. High-grade wood paneled PhP1,500.00 to PhP3,000.00/sq.mtr. a.4. Standard-grade wood, carved PhP1,800.00 to PhP3,000.00/sq.mtr. a.5. Standard-grade wood, paneled PhP1,000.00 to PhP2,000.00/sq.mtr. a.6. Ordinary-grade wood, paneled PhP500.00 to PhP1,000.00/sq.mtr. a.7. Accordion steel door PhP2,000.00 to PhP3,500.00/sq.mtr. cSEDTC b. Windows b.1. Aluminum-framed glass panes PhP2,000.00 to PhP4,000.00/sq.mtr. b.2. Steel framed glass panes PhP400.00 to PhP1,000.00/sq.mtr. b.3. Wood-framed glass panes PhP300.00 to PhP400.00/sq.mtr. b.4. Aluminum-framed jalousies PhP500.00 to PhP1,000.00/sq.mtr. b.5. Wood jalousies PhP300.00 to PhP1,000.00/sq.mtr. b.6. Wood-framed capiz PhP500.00 to PhP1,200.00/sq.mtr. c. Grilles c.1. Steel PhP300.00 to PhP1,000.00/sq.mtr. c.2. Wood PhP200.00 to PhP800.00/sq.mtr. 11. Stairs (use inclined area). a. Reinforced concrete PhP500.00 to PhP1,500.00/sq.mtr. b. High grade woods PhP400.00 to PhP1,000.00/sq.mtr. c. Standard grade woods PhP300.00 to PhP800.00/sq.mtr. SECTION 25.G. Tabulated Schedule of Building Cost per Square Meter . TYPES OF BUILDINGS (1) (RESIDENTIAL) 1-FAMILY DWELLING and other similar structures (1-A) (RES'L/COMM'L) APARTMENT; ROW HSES; BOARDING HSES and other similar structures (2) (COMMERCIAL) MARKET; STORES; SHOPS; PARLORS and other similar structures (3) SCHOOL BUILDINGS; PUB HOUSES; HOSPITALS; PARSONAGES and other similar structures I-A 5,000.00-5,500.00 4,700.00-5,200.00 5,100.00-5,600.00 5,300.00-5,800.00 I-B 4,500.00-5,000.00 4,200.00-4,700.00 4,600.00-5,100.00 4,800.00-5,300.00 II-A 3,500.00-4,500.00 3,200.00-4,200.00 3,600.00-4,600.00 3,800.00-4,800.00 II-B 3,000.00-3,500.00 2,800.00-3,200.00 3,100.00-3,600.00 3,300.00-3,800.00 II-C 2,500.00-3,000.00 2,500.00-2,800.00 2,600.00-3,100.00 2,800.00-3,300.00 III-A 2,000.00-2,500.00 2,000.00-2,500.00 2,100.00-2,600.00 2,300.00-2,800.00 III-B 1,500.00-2,000.00 1,500.00-2,000.00 1,600.00-2,100.00 1,800.00-2,300.00 III-C 1,000.00-1,500.00 1,000.00-1,500.00 1,100.00-1,600.00 1,300.00-1,800.00 IV-A 800.00-1,000.00 800.00-1,000.00 900.00-1,100.00 900.00-1,300.00 IV-B 300.00-800.00 300.00-800.00 400.00-900.00 600.00-900.00 IV-C 100.00-300.00 100.00-300.00 - 200.00-600.00 V 50.00-100.00 - - 50.00-200.00 TYPES OF BUILDINGS (4) OFFICE; HOTELS; MOTELS; LODGING HSES RESTHOUSES and other similar structures (5) (RECREATIONS) GYMNASIUMS; BOWLING LANES; CLUB HOUSES; COCKPIT and other similar structures (6) BANKS; CASINOS; CARPARK BUILDINGS and other similar structures (7) THEATERS; CHAPELS ASSEMBLY HOUSES; CHURCHES; COLISEUMS and other similar structures I-A 5,400.00-5,900.00 5,500.00-6,000.00 5,600.00-6,100.00 5,700.00-6,200.00 I-B 4,900.00-5,400.00 5,000.00-5,500.00 5,100.00-5,600.00 5,300.00-5,700.00 II-A 3,900.00-4,900.00 4,000.00-5,000.00 4,100.00-5,100.00 4,200.00-5,300.00 II-B 3,400.00-3,900.00 3,500.00-4,000.00 3,600.00-4,100.00 3,700.00-4,200.00 II-C 2,900.00-3,400.00 3,000.00-3,500.00 3,100.00-3,600.00 3,200.00-3,700.00 III-A 2,400.00-2,900.00 2,500.00-3,000.00 2,600.00-3,100.00 2,700.00-3,200.00 III-B 1,900.00-2,400.00 2,000.00-2,500.00 2,100.00-2,600.00 2,200.00-2,700.00 III-C 1,400.00-1,900.00 1,500.00-2,000.00 1,500.00-2,100.00 1,600.00-2,200.00 IV-A 1,000.00-1,400.00 1,000.00-1,500.00 1,000.00-1,500.00 1,000.00-1,600.00 IV-B - - - - IV-C - - - - V - - - - TYPES OF BUILDINGS (8) (RES'L/COMM'L) CONDOMINIUMS; DUPLEX MULTI-DWELLINGS and other similar structures (9) HANGARS; WAREHOUSES; TERMINALS; BODEGAS; BAKERIES and other similar structures (10) (INDUSTRIAL) ABATTOIRS; FACTORIES; COLD STORAGES; PRINTING and other similar structures (11) GASOLINE STATIONS; GAS REFILLING PLANTS; and other similar structures I-A 4,800.00-5,300.00 4,600.00-5,100.00 4,500.00-5,000.00 4,400.00-4,900.00 I-B 4,300.00-4,800.00 4,100.00-4,600.00 3,800.00-4,500.00 3,700.00-4,400.00 II-A 3,300.00-4,300.00 3,100.00-4,100.00 3,000.00-3,800.00 2,900.00-3,700.00 II-B 2,900.00-3,300.00 2,700.00-3,100.00 2,600.00-3,000.00 2,500.00-2,900.00 II-C 2,600.00-2,900.00 2,400.00-2,700.00 2,300.00-2,600.00 2,200.00-2,500.00 III-A 2,100.00-2,600.00 2,000.00-2,400.00 2,000.00-2,300.00 2,000.00-2,200.00 III-B 1,600.00-2,100.00 1,500.00-2,000.00 1,500.00-2,000.00 1,500.00-2,000.00 III-C 1,100.00-1,600.00 1,000.00-1,500.00 1,000.00-1,500.00 1,000.00-1,500.00 IV-A 900.00-1,100.00 800.00-1,000.00 800.00-1,000.00 900.00-1,300.00 IV-B 400.00-900.00 400.00-800.00 400.00-800.00 - IV-C 200.00-400.00 200.00-400.00 - - V - - - - TYPES OF BUILDINGS (12) SAWMILLS; RICEMILLS LUMBERSHEDS; CORNMILL BUILDINGS & other similar structures (13) (ACCESSORIA) GARAGE; QUARTERS; GUARD & LAUNDRY HOUSES and other similar structures (14) (FARMHOUSES) BARN; HOG & POULTRY HOUSES; STABLES and other similar structures (15) SWIMMING POOLS; BATH HOUSES and other similar structures I-A 4,300.00-4,700.00 4,200.00-4,700.00 4,100.00-4,600.00 4,000.00-4,500.00 I-B 3,600.00-4,300.00 3,400.00-4,200.00 3,400.00-4,100.00 3,600.00-4,000.00 II-A 2,800.00-3,600.00 2,800.00-3,400.00 2,700.00-3,400.00 - II-B 2,500.00-2,800.00 2,500.00-2,800.00 2,400.00-2,700.00 - II-C 2,200.00-2,500.00 2,200.00-2,500.00 2,100.00-2,400.00 - III-A 2,000.00-2,200.00 1,900.00-2,200.00 1,800.00-2,100.00 - III-B 1,500.00-2,000.00 1,400.00-1,900.00 1,400.00-1,800.00 - III-C 900.00-1,500.00 800.00-1,400.00 800.00-1,400.00 - IV-A 700.00-900.00 500.00-800.00 400.00-800.00 - IV-B 300.00-700.00 250.00-500.00 200.00-400.00 - IV-C 100.00-300.00 100.00-250.00 100.00-200.00 - V - - - - SECTION 25.H. Table of Depreciation for Buildings. 25.H.1 AGE (years) TYPE I Excellent Average Poor (%) (%) (%) 0-2 2 2 3 2-5 4 4 6 5-8 7 8 10 8-12 10 13 15 12-16 14 17 19 16-20 17 21 23 20-25 20 24 28 25-30 24 27 32 30-35 27 30 36 35-40 30 33 40 40-45 33 36 44 45-50 35 39 47 50-55 38 42 50 55-60 41 45 53 25.H.2 AGE (years) TYPE II Excellent Average Poor (%) (%) (%) 0-2 3 3 4 2-5 5 6 8 5-8 10 12 14 8-12 14 17 19 12-16 18 22 28 16-20 21 26 34 20-25 24 29 30 25-30 27 32 45 30-35 30 36 49 35-40 33 39 53 40-45 36 43 56 45-50 39 46 60 50-55 43 49 63 55-60 46 53 66 25.H.3 AGE (years) TYPE III Excellent Average Poor (%) (%) (%) 0-2 3 4 4 2-5 7 10 10 5-8 12 17 18 8-12 16 24 28 12-16 21 28 36 16-20 26 32 43 20-25 29 36 49 25-30 34 40 55 30-35 38 45 60 35-40 43 50 64 40-45 47 55 69 45-50 51 60 75 25.H.4 AGE (years) TYPE IV Excellent Average Poor (%) (%) (%) 0-2 5 6 6 2-5 12 13 13 5-8 23 27 30 8-12 32 38 44 12-16 41 47 57 16-20 51 57 68 20-25 62 68 78 25.H.5 AGE (years) TYPE V Excellent Average Poor (%) (%) (%) 0-2 5 6 6 2-5 12 13 13 5-8 23 27 30 8-12 32 38 44 12-16 41 47 57 16-20 51 57 68 20-25 62 68 78 SECTION 25.I. Allowance for depreciation should only be applied after the first three (3) years of the building unless deterioration has set in during said period. PART VII Assessment Levels SECTION 26. The assessment level is the percentage applied to the fair market value of the real property to determine its taxable or assessed value. SECTION 26.A. Lands . CLASS ASSESSMENT LEVELS RA 7160 for CAMARINES SUR Residential 20% 8% Agricultural 40% 20% Commercial 50% 18% Industrial 50% 20% Mineral 50% 30% Timberland 20% 20% SECTION 26.B. Buildings and Other Structures : 26.B.1. RESIDENTIAL BUILDINGS: One-family dwelling, Two-family dwelling, Multi-family dwelling or Apartments. FAIR MARKET VALUE ASSESSMENT LEVEL Over Not Over PhP175,000.00 = 0% PhP175,000.00 PhP300,000.00 = 10% PhP300,000.00 PhP500,000.00 = 20% PhP500,000.00 PhP750,000.00 = 25% PhP750,000.00 PhP1,000,000.00 = 30% PhP1,000,000.00 PhP2,000,000.00 = 35% PhP2,000,000.00 PhP5,000,000.00 = 40% PhP5,000,000.00 PhP10,000,000.00 = 50% PhP10,000,000.00 = 60% 26.B.2. AGRICULTURAL BUILDINGS: All Farm Houses Barns; Poultry; Stables; Dog Houses; Green House and similar structures. FAIR MARKET VALUE ASSESSMENT LEVEL Over Not Over PhP300,000.00 = 25% PhP300,000.00 PhP500,000.00 = 30% PhP500,000.00 PhP750,000.00 = 35% PhP750,000.00 PhP1,000,000.00 = 40% PhP1,000,000.00 PhP2,000,000.00 = 45% PhP2,000,000.00 = 50% 26.B.3. COMMERCIAL OR INDUSTRIAL: Commercial Stores/Shopping Centers; Offices; Banks; Theaters; Hospitals; Motels; Restaurants; Recreations; Parlors; Service Stations; Public Garage; and similar structures. Industrial Factories; Sawmills; Warehouses; and other similar structures. FAIR MARKET VALUE ASSESSMENT LEVEL Over Not Over PhP300,000.00 = 30% PhP300,000.00 PhP500,000.00 = 35% PhP500,000.00 PhP750,000.00 = 40% PhP750,000.00 PhP1,000,000.00 = 50% PhP1,000,000.00 PhP2,000,000.00 = 60% PhP2,000,000.00 PhP5,000,000.00 = 70% PhP5,000,000.00 PhP10,000,000.00 = 75% PhP10,000,000.00 = 80% 26.B.4. TIMBERLAND STRUCTURES/IMPROVEMENTS: * First Growth (Timber) * Second Growth (Firewoods) * Actual Log Cut FAIR MARKET VALUE ASSESSMENT LEVEL Over Not Over PhP300,000.00 = 45% PhP300,000.00 PhP500,000.00 = 50% PhP500,000.00 PhP750,000.00 = 55% PhP750,000.00 PhP1,000,000.00 = 60% PhP1,000,000.00 PhP2,000,000.00 = 65% PhP2,000,000.00 = 70% SECTION 26.C. Machineries . "Machinery" embraces machines, equipments, mechanical contrivances, instruments, appliances or apparatus which may or may not be attached permanently or temporarily to the real property. It includes the physical facilities for production, the installations and appurtenant service facilities, those which are mobile, self-propelled, and those not permanently attached to the real property which are actually, directly and exclusively used to meet the needs of the particular industry, business or activity and which by their nature and purpose are designed for, or necessary to its manufacturing, mining, logging commercial, industrial or agricultural purposes. Machineries which are of general purpose uses and are not directly and exclusively used to meet the needs of a particular industry, business or activity, shall not be considered within the definition including but not limited to office equipments, typewriters, telephone equipment, breakable or easily damaged containers (glass or cartoons) micro computers, fax, telex machines, cash dispensers, furniture and fixtures, freezers, refrigerators, display cases, and fruit juice or beverage automatic dispensing machines. Residential machineries includes machines, equipment, appliances or apparatus permanently attached to residential land and improvements and those immovable by destination. CLASS ASSESSMENT LEVELS RA 7160 for CAMARINES SUR Residential 50% Below 2HP Beyond 2HP exempt 10% Agricultural 40% 20% Commercial 80% 60% Industrial 80% 60% SECTION 26.D. Special Classes . Include lands, buildings and all improvements thereon actually, directly and exclusively used for hospitals, cultural, or scientific purposes, and those owned and used by local water districts, and government-owned or controlled corporations rendering essential public services in the supply and distribution of water and/or generation and transmission of electric power. SDAaT C Assessment level for all lands, buildings, machineries and other improvements: ACTUAL USE ASSESSMENT LEVELS Cultural 15% Scientific 15% Hospital 15% Local Water District 10% Government-owned or controlled corporations engaged in the supply and distribution of water and/or generation and transmission of electric power. 10% PART VIII Final Provisions SECTION 27. Scheme in Applying the Tax Due as a Result of the General Revision of Assessment and Property Classification . To cushion the impact of the upward adjustment of the market value of the real properties, and in consideration of the present condition of the national and local economy, the maximum increases in the tax based from the CY 2016, real property tax and collectible from real property owners shall be as follows: a) For CY 2017, the equivalent of Ten Percent (10%) increase on the tax due and demandable; b) For CY 2018, the equivalent of Twenty Five Percent (25%) increase on the tax due and demandable; c) For CY 2019, the equivalent of Fifty Percent (50%) increase on the tax due and demandable; d) For CY 2020, the equivalent of Seventy Five Percent (75%) on the tax due and demandable; e) For CY 2021, the equivalent of One Hundred Percent (100%) on the tax due and demandable. SECTION 28. Increase in Tax Due for Less than One Hundred Percent (100%). In cases where the increase in Tax Due resulting from the general revision is less than One Hundred Percent (100%), the tax due and collectible for real property tax shall be collected in the same manner as that provided in Section 27 hereof. Provided, that the increase thereof shall not be more than the new assessment under the old Schedule of Fair Market Value. SECTION 29. Real Properties with a Decrease in Tax Due as Result of the General Revision. In cases where there is a decrease in tax due resulting from the general revision of assessment, the tax due and collectible for real property tax shall be based on the old schedule of fair market value. SECTION 30. Miscellaneous Provision . If any Real Property is found not included in this Schedule of Fair Market Value, the Municipal Assessors and/or the Provincial Assessor may appraise and assess said property independent of the Schedule of Fair Market Value for taxation purposes. The Municipal Assessors are required to request tax clearance certificate from the Provincial Treasurer's Office relative to the application of new or renewal of business permits. SECTION 31. Separability Clause . If for any reason, any section or provision of this Ordinance shall be held to be unconstitutional or invalid by competent authority, such judgment or action shall not affect or impair the other sections or provisions hereof. SECTION 32. Repealing Clause . All ordinances, rules and regulations, or part thereof, inconsistent with or in conflict with the provisions of this Ordinance, shall be deemed repealed or amended accordingly. SECTION 33. Effectivity . This Ordinance shall take effect fifteen (15) days after publication in a newspaper of local circulation or January 1, 2017 whichever comes later. ENACTED. AaCTcI CERTIFIED BY: (SGD.) NIMFA B. CAS Provincial Secretary AUTHORED/SPONSORED BY: (SGD.) EMMANUEL H. NOBLE Board Member NOTED BY: (SGD.) AMADOR L. SIMANDO Majority Floor Leader ATTESTED BY: (SGD.) WARREN A. SEAR Board Member & Presiding Officer Designate APPROVED: (SGD.) MIGUEL LUIS R. VILLAFUERTE Governor Date: _____________