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THE NAGA CITY COUNCIL

Sangguniang Panlungsod Ng Naga

PREVIOUS ORDINANCES (1948-2022)

5th Sangguniang Panlungsod (30 June 1995 – 30 June 1998)

ORDINANCE NO. 1996-050

AN ORDINANCE AMENDING ORDINANCE NO. 93-042, S. 1993, OTHERWISE KNOWN AS “THE TAX ORDINANCE OF 1993 AND SHALL GOVERN THE ADMINISTRATION, ASSESSMENT, LEVY AND COLLECTION OF REAL PROPERTY TAX”, SPECIFICALLY SECTION 21 & SECTION 35 THEREOF

Category: Government Revenues; Fees and Taxes
Principal Authors/Sponsors: Hon. Esteban Abonal
Enacted: September 4, 1996

Download ordinance here

Summary/Additional Info:
🔑 Key Points:
    • Updates assessment levels applied to fair market values for different land classes (e.g., 20% for residential, 40% for industrial)
    • Bases 1996 property reassessment on the 1993 schedule of fair market values
    • Revises exemptions for real property tax under Section 35, including:
      • Properties used for charitable, religious, or educational purposes
      • Local water districts and government corporations supplying water and power
      • Duly registered cooperatives under R.A. 6938
      • Pollution control equipment
      • Newly built structures valued over ₱6M exempted for 2 years
    • Repeals and renumbers applicable tax provisions in Ordinance No. 93-042
 

Related Resource:
Past officials of the City of Naga 1945-2022

Other Ordinances