Guv Wants Negros Not To Be ‘IRA-Dependent’
Negros Occidental Governor Alfredo Marañon Jr. wants the province not to rely heavily on its Internal Revenue Allotment (IRA) share from the national government.
Marañon intends to lease out two additional properties surrounding the Capitol complex.
These are the properties currently occupied by the Negros Forests and Ecological Foundation Inc. biodiversity conservation center located at the South Capitol Road which will be transferred to the Panaad Park in Barangay Mansilingan.
The other is the building presently occupied by the Negros Cooperative Bank inside the Capitol Park and Lagoon which will be converted into a cafe.
“We are open to unsolicited offers,” the Governor said.
He added that the thrust now of the national government is for local government units not to rely on their IRAs.
Marañon cited the cities of Makati and Quezon who are a few of the LGUs which “have big real estate income and business taxes.”
“We will see to it that we will not be IRA-dependent. Slowly, (our) local generated income is growing,” he added.*