Schedule of Fair Market Value of Real Property Assessments for the 2014 General Revision in the City of Tacurong

July 23, 2014 Excerpt from the Minutes of the Regular Session of the 6th Sangguniang Panlungsod of the City of Tacurong, Held at the SP Session Hall on Wednesday, July 23, 2014 at 09:02 A.M. Present: Hon. Joseph George L. Lechonsito Vice Mayor & Presiding Officer Hon. Psyche M. Sucaldito SP Member Hon. Charito L. Collado SP Member Hon. Cirilo Y. Flores SP Member Hon. Rodrigo P. Jamorabon SP Member Hon. Benjamin P. Fajardo, Jr. SP Member Hon. Ariel Ferdinand M. Dela Cruz SP Member Hon. Joselito L. Cajandig, Sr. SP Member Hon. Jose Remos P. Segura SP Member Hon. Welson U. Ferrer SP Member Hon. Hernane S. Fermo SP Member (ABC) Absent: On Leave Hon. Paulino R. Ledda SP Member RESOLUTION NO. 149-6TH SP RESOLUTION ENACTING ORDINANCE NO. 06, SERIES OF 2014, ENTITLED, "AN ORDINANCE ADOPTING THE SCHEDULE OF FAIR MARKET VALUES FOR THE 2014 GENERAL REVISION OF REAL PROPERTY OF THE CITY OF TACURONG USING THE 2011 SCHEDULE OF FAIR MARKET VALUES" WHEREAS, Pursuant to Section 212 of Republic Act No. 7160, otherwise known as the Local Government Code of 1991 and its Implementing Rules and Regulations, in compliance with Section 219 of the same Code stating among others that, "The Provincial, City, or Municipal Assessors shall undertake a General Revision of the Real Property Assessments within two (2) years from the effectivity of the code and every three years thereafter". The last General Revision undertaken took effect last 2008; WHEREAS, series of public hearings were conducted last April 02, 28, 29, 30, May 2 and 15, 2014 wherein people representing different sectors directly or indirectly be affected by the proposal have attended; WHEREAS, with the General Revision of Real Property Assessments, it is hoped that the City of Tacurong could attract more investors to the city as it continues to showcase its achievements; WHEREFORE, after due deliberation and upon motion of Honorable Flores which was duly seconded by Honorable Collado and Honorable Cajandig, Sr.,it was RESOLVED, as it is hereby resolved, to enact the following Ordinance to wit: TACURONG CITY ORDINANCE NO. 006-14 "AN ORDINANCE ADOPTING THE SCHEDULE OF FAIR MARKET VALUES FOR THE 2014 GENERAL REVISION OF REAL PROPERTY OF THE CITY OF TACURONG USING THE 2011 SCHEDULE OF FAIR MARKET VALUES" Be it Ordained by the Sangguniang Panlungsod of Tacurong in its Regular Session assembled, that: SECTION 1. Title. This Ordinance shall be known as the "Schedule of Fair Market Value of Real Property Assessments for the 2014 General Revision in the City of Tacurong". SECTION 2. Definition of Terms. The terms used herein shall mean as defined under Section 199 and other pertinent provisions of the Local Government Code, pertinent Circulars, Rules and Regulations issued by the Department of Finance (DOF). SECTION 3. Assessment Levels. The 2011 Assessment Levels shall be used to the Fair Market Value of the Real Property, to wit: CAIHTE I Schedule of Fair Unit Market Values for Residential, Commercial, and Industrial Lands 2008 2011 Location Market Value per Market Value per Sub- (Avenue, Street, etc.) Square meter Square meter classification Lapu-Lapu Street - From National Highway (to 2,035.00 2,760.00 C-1 Isulan) to Quezon Avenue Malvar Street - From National Highway (to 2,035.00 2,760.00 C-1 Isulan) to Quezon Avenue Ledesma Street - From National Highway (to 2,035.00 2,760.00 C-1 Isulan) to Quezon Avenue Mabini Street - From National Highway (to 2,035.00 2,760.00 C-1 Isulan) to Quezon Avenue Bonifacio Street - From National Highway (to 2,035.00 2,760.00 C-1 Isulan) to Quezon Avenue Jose Abad Street - From National Highway (to 2,035.00 2,760.00 C-1 Isulan) to Quezon Avenue NHW to Mariano Marcos and Marbel (Alunan Highway) - From Round ball to 2,035.00 2,760.00 C-1 Doa Alicia Avenue General Lim Street - From National Highway (to 2,035.00 2,760.00 C-1 Davao) to Quezon Avenue Doa Aurora Street - From National Highway (to 2,035.00 2,760.00 C-1 Davao) to Mercado Avenue Along NHW to Davao - From Doa Aurora Street 2,035.00 2,760.00 C-1 to Del Pilar Street Hospital Site Seat of LGU Plaza 1,386.00 2,760.00 C-1 School (TCPES & DEP. ED) 341.00 2,760.00 C-1 SKSU 2,035.00 2,760.00 C-1 National Highway - All lots fronting National - 2,760.00 C-1 Highway from Iglesia ni Cristo to Crossing Public Terminal All Lots Fronting NHW - From Round ball to Apilado - 2,760.00 C-1 Subd. and Gonzalez Subd. All Lots Fronting NHW - From Doa Alicia Avenue - 2,760.00 C-1 (end of Pob. Ext.) Lapu-Lapu Street - 2nd lot from Quezon Avenue 1,386.00 1,720.00 C-2 to Pioneer Avenue Malvar Street - 2nd lot from Quezon Avenue 1,386.00 1,720.00 C-2 to Pioneer Avenue Ledesma Street - 2nd lot from Quezon Avenue 1,386.00 1,720.00 C-2 to Pioneer Avenue Mabini Street - 2nd lot from Quezon Avenue 1,386.00 1,720.00 C-2 to Pioneer Avenue Bonifacio Street - 2nd lot from Quezon Avenue 1,386.00 1,720.00 C-2 to Pioneer Avenue General Luna Street - 2nd lot from National Highway 1,386.00 1,720.00 C-2 (to Davao) to Mercado Avenue National Highway - From Crossing Terminal to - 1,720.00 C-2 Crossing RaJah Muda Fr. Burgos Street - 2nd lot from National Highway 913.00 1,360.00 C-3 (to Davao) to Mercado Avenue Diego Silang Street - 2nd lot from National Highway 341.00 1,360.00 C-3 (to Davao) to Mercado Avenue Del Pilar Street - 2nd lot from National Highway 341.00 1,360.00 C-3 (to Davao) to Mercado Avenue Lapu-Lapu Street - 2nd lot from Pioneer Avenue 913.00 1,360.00 C-3 to Roxas Avenue Malvar Street - 2nd lot from Pioneer Avenue 913.00 1,360.00 C-3 to Roxas Avenue Ledesma Street - 2nd lot from Pioneer Avenue 913.00 1,360.00 C-3 to Roxas Avenue Mabini Street - 2nd lot from Pioneer Avenue 913.00 1,360.00 C-3 to Roxas Avenue Bonifacio Street - 2nd lot from Pioneer Avenue 913.00 1,360.00 C-3 to Roxas Avenue All Lots Fronting NHW - From Crossing Rajah Muda - 1,360.00 C-3 to end of EJC Montilla All Lots Fronting NHW - From Iglesia ni Cristo to end - 1,360.00 C-3 of San Emmanuel All Lots Fronting NHW - From Apilado Subd./Gonzalez - 2,154.00 I-1 Subd. to end of New Isabela and San Pablo All Lots Fronting NHW - From end of New Isabela - 1,067.50 I-2 and San Pablo to end of Kalandagan Lapu-Lapu Street - 2nd lot Roxas Avenue to 341.00 1,230.00 R-1 Doa Alicia Avenue Malvar Street - 2nd lot Roxas Avenue to 341.00 1,230.00 R-1 Doa Alicia Avenue Ledesma Street - 2nd lot Roxas Avenue to 341.00 1,230.00 R-1 Doa Alicia Avenue Mabini Street - 2nd lot Roxas Avenue to 341.00 1,230.00 R-1 Doa Alicia Avenue Bonifacio Street - 2nd lot Roxas Avenue to 341.00 1,230.00 R-1 Doa Alicia Avenue Jose Abad Street - From Quirino Avenue to 341.00 1,230.00 R-1 Doa Alicia Avenue General Lim Street - From Quirino Avenue to 341.00 1,230.00 R-1 Doa Alicia Avenue Doa Aurora Street - From Mercado Avenue to 341.00 1,230.00 R-1 Rizal Avenue General Luna Street - From Mercado Avenue to 341.00 1,230.00 R-1 Quirino Avenue Fr. Burgos Street - From Mercado Avenue to 341.00 1,230.00 R-1 Roxas Avenue - From Roxas Avenue to 289.30 1,230.00 R-1 Quirino Avenue Diego Silang Street - From Mercado Avenue to 341.00 1,230.00 R-1 Quezon Avenue - From Quezon Avenue to 289.30 1,230.00 R-1 Quirino Avenue Del Pilar Street - From Mercado Avenue to 341.00 1,230.00 R-1 Quezon Avenue - From Quezon Avenue to 289.30 1,230.00 R-1 Quirino Avenue Doa Aurora Street - From Rizal Avenue to 289.30 1,080.00 R-2 Doa Alicia Avenue General Luna Street - From Quirino Avenue to 289.30 1,080.00 R-2 Doa Alicia Avenue Fr. Burgos Street - From Quirino Avenue to 239.80 526.00 R-3 Doa Alicia Avenue Diego Silang Street - From Quirino Avenue to 239.80 526.00 R-3 Doa Alicia Avenue Del Pilar Street - From Quirino Avenue to 239.80 526.00 R-3 Doa Alicia Avenue Bo. Site of San Emmanuel 170.50 280.00 R-4 Bo. Site of New Lagao 107.80 280.00 R-4 Bo. Site of New Passi 107.80 180.00 R-5 Standard Depth : For Residential Lands = 20 meters Corner Influence: For Residential Lands = +15% For Commercial Lands = +15% Legend : C-1 First Class Commercial Lot C-2 Second Class Commercial Lot C-3 Third Class Commercial Lot R-1 First Class Residential Lot R-2 Second Class Residential Lot R-3 Third Class Residential Lot R-4 Fourth Class Residential Lot R-5 Fifth Class Residential Lot Memorial Parks shall be based on Commercial Classification Sub-Classification Criteria (Urban Lands) A. Commercial Lands I. First Class Commercial Lands a.) Located along concrete road and within the distance of 1,000 meters and below from the local trading center; b.) Where the highest trading, social or educational activities of the City took place; c.) Where concrete or high grade commercial or business buildings are situated; d.) Where vehicular and pedestrian traffic flows are exceptionally busy; e.) Apparently command the highest land value of the city; f.) Those specified in the zoning plan of the city. II. Second Class Commercial Lands a.) Along concrete or asphalt road and those located within the distance or more than 1,000 meters and below 3,000 meters from the local trading center; b.) Where trading, social or educational activities are considerably high, but fall short from that of the first class commercial lands; c.) Where semi-concrete commercial or business buildings are situated; d.) Where vehicular and pedestrian traffic flows are considerably busy, but fall short from that of the first class commercial lands; e.) Commands lesser value from that of the first class commercial lands; f.) Those specified in the zoning plan of the city. III. Third Class Commercial Lands a.) Along concrete or asphalt road and those located more than 3,000 meters from the local trading center; b.) Where trading, social or educational activities are significantly less than that of the second class commercial lands; c.) Where average grade commercial or business buildings are situated; d.) Where vehicular and pedestrian traffic flows are fairly busy; e.) Commands lesser value than that of the second class commercial lands; DETACa f.) Those specified in the zoning plan of the city. B. Residential Lands I. First Class Residential Lands a.) Along concrete road; b.) Where the high grade apartment or residential buildings are predominantly situated; c.) Where public utility transportation facilities are exceptionally regular towards major trading centers; d.) Located next to commercial classified lands; e.) Where water, electric, and telephone facilities are available; f.) Commands the highest residential land value in the city; g.) Free of squatters; h.) Those specified in the zoning plan of the city. II. Second Class Residential Lands a.) Along concrete or asphalted road; b.) Where semi-high grade apartments or residential buildings are predominantly situated; c.) Where public utility transportation facilities are fairly regular towards major trading centers; d.) Located next to first class residential lands; e.) Where water, electric, and telephone facilities are available; f.) Commands lesser value than the first class residential lands; g.) Free of squatters; h.) Those specified in the zoning plan of the city. III. Third Class Residential Lands a.) Along all-weather roads; b.) Where average grade residential buildings are predominantly situated; c.) Where public utility transportation facilities are regular towards the major trading centers; d.) Located next to the second class residential lands; e.) Where water and electrical facilities are available; f.) Commands lesser value than the second class residential lands; g.) Those specified in the zoning plan of the city. IV. Fourth Class Residential Lands a.) Along all-weather roads; b.) Where low-grade residential buildings are predominantly situated; c.) Located next to the third class residential lands; d.) Where public utility transportation facilities are irregular; e.) Where sources of water facilities are commonly pump wells; f.) Commands lesser value that the third class residential lands; g.) Those located within the barangay site of San Emmanuel and New Lagao. V. Fifth Class Residential Lands a.) Along all-weather roads; b.) Where residential buildings are still scarcely constructed; c.) Where public water and electric facility sources are not readily available; d.) Farthest residential lands from the trading centers; e.) Transportation facilities are exceptionally irregular; f.) Predominantly undeveloped residential area. VI. Residential Land Subdivisions Residential Land Subdivisions are classified according to the degree or extent of development and facilities, regardless of location from the trading center of the city. Therefore, their respective schedule of the base market value shall be independently established based from the sales analysis of the lots therein. The unit market value for subdivision lots shall not, under any circumstance, be less than adjoining lands classified in accordance with the above criteria for sub-classification. C. Industrial Lands I. First Class Industrial Lands a.) Along concrete or asphalted road; aDSIHc b.) Located within the distance of not more than 1,000 meters to the major trading centers of the city; c.) Where the vicinity is extensively used for industrial purposes; d.) Commands the highest industrial land value; e.) As specified in the zoning plan of the city. II. Second Class Industrial Lands a.) Along concrete or asphalted public road; b.) Located within a distance of more than 1,000 meters but not beyond 5,000 meters to the major trading centers of the city; c.) Where the vicinity is extremely used for industrial purposes; d.) Commands lesser land value than first class industrial lands; e.) As specified in the zoning plan of the city. III. Third Class Industrial Lands a.) Located more than 5,000 meters to the major trading center in the city; b.) Where the vicinity is extremely used for industrial purposes; c.) Commands lesser land value than second class industrial lands; d.) As specified in the zoning plan of the city. Schedule of Fair Unit Market Values for Urban Lands for General Revision 2011 Applicable to All Barangays in the City of Tacurong Lands: Class and Base Unit Market Value (per square meter) Classification 1st 2nd 3rd 4th 5th 1. Residential Lot 1,230.00 1,080.00 526.00 280.00 180.00 2. Residential Subdivision 750.00 550.00 250.00 210.00 3. Commercial Lot 2,760.00 1,720.00 1,360.00 4. Industrial Lot 2,154.00 1,067.50 Note: 4th Class Residential Lot All lots within Bo. Site of San Emmanuel & New Lagao 5th Class Residential Lot All lots within Bo. Site of New Passi Memorial park Shall be based on Commercial Classification II Schedule of Base Unit Market Values for Agricultural Lands and Agricultural Improvements for General Revision 2014 Applicable to All Barangays in the City of Tacurong Cultivation 1st 2nd 3rd 4th 5th 1. Riceland Irrigated 238,510.00 209,770.00 181,040.00 2. Riceland Unirrigated 185,460.00 159,380.00 133,300.00 3. Rice Upland 106,930.00 97,210.00 4. Cornland 167,750.00 134,200.00 100,650.00 5. Coconut Land 183,300.00 154,900.00 105,850.00 82,610.00 6. Sugar Land 148,770.00 134,040.00 104,580.00 75,120.00 58,920.00 7. Fishpond Developed 114,980.00 8. Fishpond Undeveloped 99,310.00 9. Banana Land 128,790.00 10. Horticultural Land 180,940.00 11. African Palm Land 168,590.00 136,980.00 105,370.00 12. Orchard Land 144,100.00 13. Cogon Land (FFA) 100,370.00 14. Cogon/Pastureland (UFFA) 73,230.00 15. Forest Land 83,230.00 16. Forest Land (UFFA) 53,450.00 17. Eroded Land/Riverbed 89,830.00 18. Swampy/Marshy/Creek 160,990.00 19. G'melina Land 180,770.00 20. Pineapple Land 152,460.00 21. Coffee Land 108,320.00 22. Nipa Land w/Palm 64,070.00 23. Bamboo Land 73,770.00 Productivity Classification 1.) Riceland Irrigated 1st Class lands capable of producing more than 240 cavans of palay per hectare annually. 2nd Class lands capable of producing 180 to 240 cavans of palay per hectare annually. 3rd Class lands capable of producing less than 160 cavans of palay per hectare annually. 2.) Riceland Unirrigated 1st Class lands capable of producing more than 200 cavans of palay per hectare annually. 2nd Class lands capable of producing 160 to 200 cavans of palay per hectare annually. 3rd Class lands capable of producing less than 120 cavans of palay per hectare annually. 3.) Rice Upland 1st Class lands capable of producing more than 120 cavans of palay per hectare annually. 2nd Class lands capable of producing 100 to 120 cavans of palay per hectare annually. 3rd Class lands capable of producing less than 80 cavans of palay per hectare annually. 4.) Corn Land 1st Class lands capable of producing more than 280 sacks of corn per hectare annually. 2nd Class lands capable of producing 240 to 280 sacks of corn per hectare annually. 3rd Class lands capable of producing less than 200 sacks of corn per hectare annually. 5.) Coconut Land 1st Class lands capable of producing more than 70 nuts per tree per hectare annually. ETHIDa 2nd Class lands capable of producing 50 to 70 nuts per tree per hectare annually. 3rd Class lands capable of producing 33 to 50 nuts per tree per hectare annually. 4th Class lands capable of producing less than 32 nuts per tree per hectare annually. 6.) African Palm Land 1st Class lands capable of producing more than 72 tons of African palm fruit per hectare annually. 2nd Class lands capable of producing 60 to 72 tons of African palm fruit per hectare annually. 3rd Class lands capable of producing less than 40 tons of African palm fruit per hectare annually. 7.) Sugar Land 1st Class lands capable of producing more than 96 piculs of sugar per hectare annually. 2nd Class lands capable of producing 83 to 96 piculs of sugar per hectare annually. 3rd Class lands capable of producing 83 to 96 piculs of sugar per hectare annually. 4th Class lands capable of producing 75 to 82 piculs of sugar per hectare annually. 5th Class lands capable of producing less than 58 piculs of sugar per hectare annually. Adjustment Factors for Agricultural Lands Types of Roads: a.) Provincial or National Highway no deduction from basic value of 100% b.) For other All Weather Roads 3% deduction from basic value of 100% c.) Dirt Roads 6% deduction from basic value of 100% d.) For No Road Outlet 9% deduction from basic value of 100% Type of Location: Adjustment Factor Distance in km. to: a.) All-weather-road b.) Local Trading Center (Poblacion) 0 to 1 km 0% 5% Over 1 to 3 km -2% 0% Over 3 to 6 km -4% -2% Over 6 to 9 km -6% -4% Over 9 km -9% -6% Distance of property from all-weather-road, railroad stations, landing places along sea cost and from trading center (Poblacion),shall be measured from corner of the lot or parcel nearest to such road or center. All weather road includes barangay ,municipal, city, provincial, national and other public road traversable by trucks, cars, and other forms of motor vehicles under any kind of weather. Class and Base Unit Market Value (Per Tree/Clumps) Cultivation 1st 2nd 3rd 4th 1. Coconut Tree 426.00 359.00 246.00 191.00 2. Coffee Tree 215.00 144.00 71.00 3. African Palm Tree 490.00 398.00 318.00 4. Banana Clump 188.00 145.00 104.00 5. Bamboo Clump 478.00 422.00 365.00 6. Cacao Tree 182.00 121.00 61.00 7. Mango Tree 691.00 553.00 415.00 8. Lanzones Tree 242.00 188.00 133.00 9. Marang Tree 303.00 272.00 242.00 10. Pomelo/Orange Tree 242.00 179.00 115.00 11. Jackfruit/Breadfruit 248.00 191.00 133.00 12. Star apple Tree 172.00 127.00 83.00 13. Chico Tree 145.00 14. Santol Tree 175.00 15. Avocado Tree 172.00 128.00 85.00 16. Tamarind Tree 182.00 17. Calamansi 191.00 18. Durian Tree 303.00 263.00 218.00 19. Atis 208.00 20. Guava 148.00 21. G'melina 206.00 22. Ipil-ipil 148.00 23. Other Tree 191.00 Productivity Classification (Improvements) 1. Mango Tree 1st Class producing more than 5,000 fruits per tree annually. 2nd Class producing 3,000 to 5,000 fruits per tree annually. 3rd Class producing less than 2,000 fruits per tree annually. cSEDTC 2. Banana Clump 1st Class producing more than 10 bunches per hill annually. 2nd Class producing 7 to 10 bunches per hill annually. 3rd Class producing less than 7 bunches per hill annually. 3. Bamboo Clump 1st Class producing more than 50 poles per clump annually. 2nd Class producing 40 to 50 poles per clump annually. 3rd Class producing less than 40 poles per clump annually. 4. Lanzones Tree 1st Class producing more than 70 kilos of fruits per tree annually. 2nd Class producing 40 to 70 kilos of fruits per tree annually. 3rd Class producing less than 40 kilos of fruits per tree annually. 5. Orange/Pomelo Tree 1st Class producing more than 60 fruits per tree annually. 2nd Class producing 30 to 60 fruits per tree annually. 3rd Class producing less than 30 fruits per tree annually. 6. Durian Tree 1st Class producing more than 60 fruits per tree annually. 2nd Class producing 45 to 60 fruits per tree annually. 3rd Class producing less than 45 fruits per tree annually. Schedule of Base Unit Construction Cost for Buildings A. Base Unit Value B. Schedule of Depreciation 1st 2nd 3rd 4th 5th Residual 5 years 5 years 5 years 5 years 5 years Value V-A 1.80% 1.40% 1.20% 1.00% 1.00% 40.00% P.A. V-B 2.00% 1.80% 1.50% 1.20% 1.00% 40.00% P.A. IV-A 2.40% 2.20% 2.00% 1.70% 1.40% 35.00% P.A. IV-B 2.60% 2.30% 2.20% 2.00% 1.60% 33.00% P.A. IV-C 3.00% 2.80% 2.50% 2.00% 2.00% 30.00% P.A. IV-D 3.50% 3.00% 2.60% 2.30% 2.00% 28.00% P.A. III-A & B 4.00% 3.50% 3.00% 2.50% 2.00% 25.00% P.A. III-C & D 4.00% 3.60% 3.20% 3.00% 2.50% 23.00% P.A. III-E 4.00% 3.80% 3.50% 3.00% 3.00% 20.00% P.A. II-A 5.00% 4.00% 3.60% 3.20% 3.00% 15.00% P.A. I-A 5.00% 4.00% 3.60% 3.20% 3.00% 15.00% P.A. * In the excess of the above rate of annual depreciation, bigger rate may be granted for extra ordinary causes, if properly presented and describe as in the case of the following: 1.) Damage due to catastrophy (earthquake, fire, deluge) 2.) Heavily damaged due to pest (termite, anay or pest) 3.) Established defects of construction 4.) Obsolence C. Extra Items as Component Parts of the Building 1. Foundation building in excess of 3 storey, add: a.) Type V Foundation Area x P204.00 x number of excess floors b.) Type IV Foundation Area x P123.00 x number of excess floors 2. Flooring floor finish other than concrete or cement tiles: a.) Granolithic, linotile, vinyl, asphalt, and wood tiles, add: P830.00 per square meter to basic rate b.) Crazy cut marble, add: P503.00 per square meter to basic rate c.) Marble, add: P1,940.00 per square meter to basic rate 3. Walling & Partitions a.) Marble, add: P1,940.00 per square meter to basic rate b.) Synthetic marble and other polished finish, add: P645.00 per square meter to basic rate c.) Wash out finish & other finish, add: P405.00 per square meter to basic rate d.) Narra and similar panel, add: P241.00 per square meter to basic rate 4. Fence a.) Adobe Fence, add: P406.00 per square meter DEPRECIATION: b.) CHB 4" thick, add: P515.00 per square meter 4" THICK 3% c.) CHB 6" thick, add: P607.00 per square meter 6" THICK 2% 5. Ceiling a.) Ordinary Drop Ceiling on R.C. building, add: P353.00 per square meter to basic rate b.) Lunicious, add: P388.00 per square meter to basic rate c.) Narra and other special panel, add: P476.00 per square meter to basic rate 6. Special (Aluminum/Glass Panel) a.) Ordinary Size, add: P1,120.00 to P1,440.00 per square meter to basic rate b.) Extra Size, add: P1,440.00 to P1,890.00 per square meter to basic rate 7. Height a.) Excess Height, add: 15% for every meter to basic rate b.) Deficiency in height, subtract: 15% for every meter to basic rate 8. Deck a.) Open: Area x 20% of basic rate b.) Covered (no sliding): Area x 30% of basic rate 9. Pavement a.) Asphalt, one course, add: P148.00 per square meter DEPRECIATION: b.) Concrete, add: 3" to 4" THICK 4% P107.00 per inch thick/sq.m. 2" THICK 3% 10. Mezzanine 60% of Base Value 11. Terrace/Balcony a.) Covered: Area x 50% of Base Value b.) Open: Area x 10% of Base Value 12. Roofing Clay, Tiles/Asbestos, Other special roofing, add: 10% of Base Value 13. Basement Add 10% of Base Value Conversion Factor for Machinery Year Equivalent Rate 2013 $ Rate Conversion Factor 1960 2.7333 42.0570 15.3869 1961 3.0000 42.0570 14.0190 1962 3.8082 42.0570 11.0438 1963 3.8988 42.0570 10.7872 1964 3.8999 42.0570 10.7841 1965 3.9010 42.0570 10.7811 1966 3.8955 42.0570 10.7963 1967 3.9152 42.0570 10.7420 1968 3.9159 42.0570 10.7401 1969 3.9192 42.0570 10.7310 1970 6.0246 42.0570 6.9809 1971 6.4317 42.0570 6.5390 1972 6.6748 42.0570 6.3009 1973 6.7563 42.0570 6.2249 1974 6.7879 42.0570 6.1959 1975 7.2479 42.0570 5.8026 1976 7.4402 42.0570 5.6527 1977 7.4028 42.0570 5.6812 1978 7.3658 42.0570 5.7098 1979 7.3776 42.0570 5.7006 1980 7.5114 42.0570 5.5991 1981 7.8997 42.0570 5.3239 1982 8.5400 42.0570 4.9247 1983 11.1127 42.0570 3.7846 1984 16.6987 42.0570 2.5186 1985 18.6073 42.0570 2.2602 1986 20.3857 42.0570 2.0631 1987 20.5677 42.0570 2.0448 1988 21.0947 42.0570 1.9937 1989 21.7367 42.0570 1.9348 1990 24.3105 42.0570 1.7300 1991 27.4786 42.0570 1.5305 1992 25.5125 42.0570 1.6485 1993 27.1198 42.0570 1.5508 1994 26.4172 42.0570 1.5920 1995 25.7144 42.0570 1.6355 1996 26.2157 42.0570 1.6043 1997 29.4707 42.0570 1.4271 1998 40.8931 42.0570 1.0285 1999 39.0890 42.0570 1.0759 2000 44.1938 42.0570 0.9516 2001 50.9927 42.0570 0.8248 2002 51.6036 42.0570 0.8150 2003 54.2033 42.0570 0.7759 2004 56.0399 42.0570 0.7505 2005 55.0855 42.0570 0.7635 2006 51.3143 42.0570 0.8196 2007 46.1484 42.0570 0.9113 2008 44.4746 42.0570 0.9456 2009 47.6372 42.0570 0.8829 2010 45.1097 42.0570 0.9323 2011 43.3131 42.0570 0.9710 2012 42.2288 42.0570 0.9959 2013 42.0570 42.0570 1.0000 Appraisal of Machinery All kinds of machinery classified as real property as defined in Section 199, paragraph "O" of R.A. 7160 shall be appraised and assessed in accordance with the provisions of Sections 224-225 of R.A. 7060. Ten percent (10%) of the appraised value shall be added to cover the freight, handling, and installation of site, subject, however to any new regulation on the contrary issued by the Department of Finance. Machinery, defined : Embraces machines, equipment, mechanical contrivances, instruments, appliances or apparatus, which may not be attached, permanently or temporarily to the real property. Physical facilities for production, installations and appurtenant service facilities, those which are mobile, self powered, or self propelled and those not permanently attached to the real property shall be classified as real property provided that: 1. They are actually, directly, and exclusively used to meet the needs of the particular industry, business, or activity; and 2. By their very nature and purpose are designed for, or necessary to manufacturing, mining, logging, commercial, industrial, or agricultural purposes. Machineries which are used for general purposes including but not limited to office equipment, typewriters, telephone equipment, breakable or easily damaged containers (glass or cartons),micro computers, fax, telex machines, cash dispensers, furniture and fixtures, freezers, refrigerators, display cases or racks, fruit juice or beverage automatic dispensing machines which are not directly and exclusively used to meet the needs of a particular industry, business or activity shall not be considered within the definition of machinery under this rule. Residential Machinery shall include machines, equipment, appliances or apparatus permanently attached to residential land and improvement or those immovable by destination. Remaining Economic Life is the period of time expressed in years from the date of appraisal to the date when the machinery becomes valueless. Replacement or Reproduction Cost is the cost that would incur on the basis of current prices, in acquiring an equally desirable property, or the cost of reproducing a new replica of the property, on the basis of current prices with the same or closely similar material. Depreciation Allowance of Machinery for purposes of assessment, a depreciation allowance shall be made by machinery at a rate not exceeding five percent (5%) of its original cost or replacement or reproduction cost, as the case may be, for each year of use. Provided, however, that the remaining value for all kinds of machinery shall be fixed not lesser than twenty percent (20%) of such original, replacement, or reproduction cost for so long as the machinery is useful and in operation. EcTCAD Assessment Levels A. On Lands Class Assessment Level Residential 15% Agricultural 20% Commercial 20% Industrial 20% B. On Building and Other Structures Residential: Fair Market Values Over Not Over Assessment Levels 175,000.00 0% 175,000.00 300,000.00 10% 300,000.00 500,000.00 20% 500,000.00 750,000.00 25% 750,000.00 1,000,000.00 30% 1,000,000.00 2,000,000.00 35% 2,000,000.00 5,000,000.00 40% 5,000,000.00 10,000,000.00 50% 10,000,000.00 And above 60% Agricultural: Fair Market Values Over Not Over Assessment Levels 300,000.00 25% 300,000.00 500,000.00 30% 500,000.00 750,000.00 35% 750,000.00 1,000,000.00 40% 1,000,000.00 2,000,000.00 45% 2,000,000.00 And above 50% Commercial and Industrial: Fair Market Values Over Not Over Assessment Levels 300,000.00 30% 300,000.00 500,000.00 35% 500,000.00 750,000.00 40% 750,000.00 1,000,000.00 50% 1,000,000.00 2,000,000.00 60% 2,000,000.00 5,000,000.00 70% 5,000,000.00 10,000,000.00 75% 10,000,000.00 And above 80% C. On Machineries Class Assessment Level Residential 50% Agricultural 40% Commercial 80% Industrial 80% D. On Special Cases Actual Use Assessment Level Cultural 15% Scientific 15% Medical 15% Local Water District 10% GOCC'S engaged in the supply 10% and distribution of water and or generation and transmission of electric power Miscellaneous Provisions 1. As far as properly applicable, this Schedule of Base Market Values shall be controlling, but where the property to be assessed is of a kind not classified in this schedule, or if any kind for which a value is herein fixed, it shall be appraised at the current and fair market value independent of this schedule. 2. As a general rule, the rate per square meter fixed for residential lands fronting public streets, roads and national highways will be applied to all lands within 20 meters (standard depth) from said streets, roads, or national highways. The succeeding 20 meters (2nd strip) portion of the lot shall be assessed at 80% of the rate applied to the 1st strip. The next succeeding 20 meters (3rd strip) portion of the same lot shall be assessed at 60% of the rate applied to the 1st strip. And the last succeeding 20 meters (4th strip) portion of the same lot shall be assessed at 40% of the rate applied to the 1st strip. 3. A parcel of land without street or road frontage shall be considered as interior lot and assessed at 80% if the lot falling under the next succeeding 20 meters (2nd strip);60% if the lot falling under the next succeeding 20 meters (3rd strip);and 40% if the lot falling under the last succeeding 20 meters (4th strip) at the rate fixed for lands within the 20 meters from the street or road nearest the lot. 4. Whenever a parcel of land is situated at the corner of two streets with different rates, the greatest value should be applied, or corner influences at 15% added to the highest rate. 5. Residential lots in barangay and residential subdivisions not specified in this schedule shall be assessed at the lowest rate provided in the schedule. 6. Industrial lands shall be valued per square meter irrespective of their locations to roads or streets. 7. When a parcel of an agricultural land is located within the national highways, a 20-meter standard depth will be stripped from that parcel of land and shall be valued according to the classification of the land as specified in the zoning plan of the city. 8. When an industry or business is put up in a parcel of agricultural land, the area covered by the industry or business shall be valued as industrial or commercial provided there is a sufficient proof to show for the existence of such kind or business or industry. 9. For low or sunken areas of the land, a reduction from the base value per square meter may be allowed due to the cost of filling and compaction to bring the same at par with the adjoining developed lots provided, however, that such reduction will, in no case, exceed 30% of the base value thereof. 10. Vacant or idle lands located in a purely residential area shall be classified as residential. If such land is located in a purely commercial area, the same shall be classified as commercial, likewise, if it is located in a purely industrial area, it shall also be assessed as industrial. If vacant or idle lands are located on mixed residential-commercial-industrial area, the same shall be classified according to the class which is predominant. HSAcaE 11. The value herein provided for agricultural lands shall apply not only to lands actually under cultivation or being used for agricultural purposes, but also to lands which by their location or fertility, or physical features, etc.,should be considered as agricultural land regardless of whether or not they are under cultivation. 12. As a general rule, the principle of ACTUAL USE shall be observed in the assessment of urban or agricultural land convertible into urban or subdivision land in the future. It shall be classified and assessed as agricultural until such time when it has been converted and developed into a subdivision. 13. Fruit bearing trees and perennial plants are exempt from taxation, except where the land upon which the farm is planted principally to such growth. Plants and trees which have not yet reached the state of production are to be considered as non-utilizable improvements and as such exempt from taxation. 14. Machinery shall be appraised on the acquisition cost of the units based on the official receipts/delivery receipts presented by owners/administrators including freights and handling, and an affidavit subscribed by notaries public of the amount of acquisition of such machinery in the absence of official receipts/delivery receipts. Likewise, machinery shall be appraised based on the conversion factor of the prevailing dollar exchange rates. SECTION 4. General Revision. This ordinance shall be the basis of the 2014 General Revision of Real Property Assessments. SECTION 5. Separability Clause. If for any reason, any provision of this Ordinance is declared to be unconstitutional by a court of competent jurisdiction, the remaining provision not affected shall remain to be in full force and effect. SECTION 6. Repealing Clause. This Ordinance shall supersede, amend and or modify any ordinances, resolutions or executive orders deemed hereof. SECTION 7. Effectivity Clause. This ordinance shall take effect ten days (10) following its publication in a newspaper of local circulation in the City of Tacurong. Let copies of this resolution be furnished to all offices concerned for their information and record. UNANIMOUSLY APPROVED: July 23, 2014. CERTIFIED CORRECT: ROMEL R. DIONELA Secretary to the Sanggunian ATTESTED: JOSEPH GEORGE L. LECHONSITO, MD City Vice Mayor & Presiding Officer APPROVED: LINA O. MONTILLA City Mayor Approved by her honor, the City Mayor, on ____________, 2014.