An Ordinance Approving the Percentage from the Prevailing Schedule of Market Value for 2002 General Revision on Realty Tax in Quezon Province

February 4, 2002 Excerpt from the Minutes of the Regular Session of the Sangguniang Panlalawigan of Quezon, Held at the Benigno S. Aquino Hall, Lucena City, on February 4, 2002. RESOLUTION NO. 2002-102 RESOLUTION APPROVING PROVINCIAL ORDINANCE NO. 2002-01, ENTITLED: "AN ORDINANCE APPROVING INCREASE IN THE PERCENTAGE FROM THE PREVAILING SCHEDULE OF FAIR MARKET VALUE FOR 2002 GENERAL REVISION ON REALTY TAX IN QUEZON PROVINCE" WHEREAS , the Chairmen of the Committee on Laws, Budget and Ways and Means presented for consideration of the Honorable Sangguniang Panlalawigan the following proposed schedule of market value for 2002 general revision of realty tax in Quezon Province, submitted by the Provincial Assessor to take effect next year (2003), as a result of the public hearing conducted by the Sangguniang Panlalawigan last January 14 which was participated in by representatives of different civic and religious organizations including Municipal Assessors and Municipal Treasurers: Residential and Agricultural Land from the prevailing schedule of Market Value 25% increase Industrial and Commercial Land from the prevailing schedule of Market Value 45% increase Residential Houses and Buildings from the prevailing schedule of Market Value 25% increase NOW, THEREFORE , on joint motion of Honorable Dante Miguel V. Cadiz and Honorable Regore B. Baldeo, duly seconded; BE IT RESOLVED , as it is hereby resolved, to enact, as the Sangguniang Panlalawigan hereby enacts Provincial Ordinance No. 2002-01, entitled: QUEZON PROVINCIAL ORDINANCE NO. 001-02 AN ORDINANCE APPROVING THE PERCENTAGE FROM THE PREVAILING SCHEDULE OF MARKET VALUE FOR 2002 GENERAL REVISION ON REALTY TAX IN QUEZON PROVINCE Be it ordained in session assembled that: SECTION 1. Title . An ordinance approving the percentage from the prevailing schedule of market value for 2002 general revision on realty tax in Quezon Province, namely: 1.1 Residential and Agricultural Land from the prevailing schedule of market value 25% increase 1.2 Industrial and Commercial Land from the prevailing schedule of market value 45% increase 1.3 Residential Houses and Buildings from the prevailing schedule of market value 25% increase SECTION 2. The increase in the percentage from the prevailing schedule of market value for 2002 of realty tax for general revision 2002 will implemented in 2003. SECTION 3. All ordinances related to this ordinance is hereby repealed. SECTION 4. This ordinance shall take effect upon its approval. APPROVED UNANIMOUSLY, February 4, 2002. CAIHTE (SGD.) NARCISO I. MALITE Acting-Vice Governor Temporary Presiding Officer (SGD.) ELADIO S. PASAMBA Member (SGD.) HERNANDO P. AVELLANEDA, SR. Member (SGD.) DANTE MIGUEL V. CADIZ Member JAMES REY C. BICO Member (SGD.) VICENTE J. ALCALA Member (SGD.) ROMULO M. EDAO, JR. Member LUIS C. SERRANO Member (SGD.) REMEDIOS V. DIESTRO Member ARMANDO V. MENDOZA Member (SGD.) LOURDES C. DE LUNA Member (SGD.) REGORE B. BALDEO Member Pursuant to Sections 54 and 469 of the Local Government Code of 1991, I hereby certify that Provincial Ordinance No. 2002-01 (Resolution No. 2002-102) was approved by the Sangguniang Panlalawigan of Quezon on the above mentioned date. ATTESTED: (SGD.) MILAGROS B. MALLARI PGADII APPROVED: (SGD.) JOVITO E. TALABONG Acting Governor ATTACHMENT Schedule of Unit Values for Buildings 2002 General Revision TYPE 13 Market Shopping Center 14 Gymnasium Coliseum 15 Recreation a. B Lanes b. Club 16 Sawmills and Lumber Sheds 17 Gasoline Station Gas Refilling 18 Swimming Pool and Bath House 19 Barn House Poultry Grain House Livestock I-A 8,750.00 7,700.00 8,400.00 9,100.00 5,600.00 to 10,500.00 - I-B 7,050.00 6,125.00 6,737.50 - - - - I-C 6,075.00 5,312.50 5,725.00 - 5,775.00 - - II-A 4,987.50 4,987.50 4,725.00 - 4,725.00 - - II-B 4,462.50 4,462.50 4,187.50 4,200.00 - - II-C 3,937.50 3,937.50 3,675.00 - 3,550.00 - - III-A 2,412.50 2,412.50 - 2,412.50 - - 2,325.00 III-B 2,325.00 1,975.00 - 1,975.00 - - 1,537.50 III-C 1,537.50 1,100.00 - 1,100.00 - - 1,312.50 III-D 1,100.00 - - 1,576.25 - - 1,100.00 III-E - - - - - - 812.50 IV - - - - - - - 2002 General Revision Land Classification 1 2 3 4 5 Residential 227.50 210.00 192.50 175.00 157.50 Commercial 522.00 478.50 435.00 391.50 348.00 Industrial 275.50 261.00 246.50 Memorial/Resort 172.55 Rawland/Rurban 8.75 Agri-business 131.25 122.50 Upland/Cornland 21,875.00 21,000.00 Irrigated Riceland 41,125.00 38,500.00 35,875.00 33,250.00 Unirrigated Riceland 30,625.00 28,875.00 27,125.00 Fishpond 52,500.00 49,000.00 Nipaland 9,625.00 8,750.00 Coconut Land/ Multi-Fruitland 37,187.50 35,000.00 32,812.50 Orchard/Horticulture 52,500.00 Pasture/Grassland/Forest Land 9,625.00 Mineral Land 8,750.00 Rate of Annual Depreciation Age of Bldg. Type I Type II Type III Type IV A B C A B C A B C D E A 0-2 2 2 3 3 3 4 4 5 5 6 6 7 3-5 4 4 5 6 7 8 9 10 11 12 13 14 6-8 7 8 9 10 12 13 14 15 16 18 19 20 9-12 10 12 14 15 16 18 19 20 21 23 25 26 13-16 14 17 18 19 20 22 24 26 28 30 32 33 17-20 17 21 22 23 24 26 28 30 32 35 37 39 21-25 20 24 26 27 29 31 33 35 38 40 43 45 26-30 24 26 29 31 33 35 38 40 43 45 49 51 31-35 27 30 34 36 38 40 42 45 48 50 55 57 36-40 30 33 37 40 42 44 46 50 53 55 60 63 41-45 33 36 40 43 46 48 51 55 58 60 65 70 46-50 35 39 44 46 49 52 54 60 63 65 70 75 51-55 38 42 47 49 52 56 58 56-60 41 45 50 52 55 60 62 61-65 44 48 52 56 59 64 66 66-70 47 51 55 59 63 68 70 71-75 50 54 58 62 66 71 75 76-80 53 57 61 81-85 56 60 64 86-90 59 63 67 91-95 62 66 69 96-100 65 69 73 2002 General Revision Schedule of Unit Values for Buildings 2002 General Revision Type 1 One Family Residence 2 Two Family Residence 3 Multiple Dwelling 4 Accessories or Town Houses 5 Apartment 6 Boarding House 7 Lodging/Motel House 8 Accessories Building a. Garage b. Quarters c. Laundry d. Guard House 9 School Building 10 Office Building Condominium Hospital Hotel 11 Theater Church Assembly House 12 Factory Warehouse Ind'l House Hangars I-A 9,100.00 10,500.00 8,400.00 9,450.00 - 9,450.00 10,502.00 10,500.00 7,700.00 I-B 7,050.00 8,275.00 6,737.50 7,662.50 6,737.50 6,737.50 8,275.00 8,575.00 6,125.00 I-C 6,075.00 7,225.00 5,775.00 6,650.00 5,775.00 6,550.00 7,225.00 7,512.50 5,200.00 II-A 4,987.50 6,037.50 4,725.00 5,512.50 4,725.00 4,987.50 5,775.00 5,775.00 3,675.00 II-B 4,462.50 4,725.00 4,200.00 4,937.50 4,200.00 4,425.00 5,250.00 5,250.00 3,150.00 II-C 3,937.50 4,200.00 3,675.00 4,462.50 3,675.00 3,937.50 4,725.00 4,987.50 2,625.00 III-A 2,412.50 2,625.00 2,187.50 2,850.00 2,187.50 2,187.50 3,287.50 3,287.50 1,750.00 III-B 1,975.00 2,187.50 1,750.00 2,412.50 1,750.00 1,750.00 2,975.00 2,850.00 1,537.50 III-C 1,675.00 1,975.00 1,537.50 1,912.50 1,562.50 1,562.50 2,412.50 2,412.50 1,312.50 III-D 1,300.50 1,537.50 1,312.50 1,537.50 875.00 875.00 - - - III-E 1,212.50 1,225.00 1,212.50 1,412.50 - - - - - IV 700.00 875.00 875.00 1,050.00 - - - - -