Tuesday, January 26, 2010

City Economic Enterprise reports downtrend in 2009 income

Net collections of the City Economic Enterprise (CEE) reached P34, 990, 852.03 for last year, Lucile Juros, CEE officer, disclosed.

The full figures, culled from January to December last year has a difference of P2,661,457.45 when compared to the 2008 statistics.

The statement of collections provided by Juros showed the five divisions of CEE with the city market as the biggest income earner with some P17,720,920.39.

Next is slaughter house, with P5,144,721.64, integrated bus terminal (IBT) with P4,592,419.50, city fish port with P4,420,500.64 and motor pool with P2,988,990.83.

Except for the city fish port and IBT, all the other divisions showed slight decrease in collections.

Juros explains that market fees composed of stall rental fees, cash tickets, parking fees, entrance fees, public rest rooms and application fees for market occupancies.

She told this paper that part of the market collections were credited to the trust liability account which is being handled by the City Treasurer’s Office, explaining further that market collections fell short of its target because of the fire that destroyed the vegetables section later part of 2008.

Another cause for the low market collections is the ongoing construction of the fresh fish section and portions of the grocery, dried fish, dry goods sections and the city commercial complex.

For the slaughter house, some 952,987 kilos of hugs were butchered while 406,513 kilos were for cattle and 20,630 kilos were goats. Both the number of hugs and cattles butchered decreased for 2009.

Juros attributed this to the illegal slaughtering activity in the city which did not pass the city abattoir.

Because of this, slaughter house income dipped to an estimated loss of about P646,605.41 annually.

It was learned that the slaughter house collects fees in corral, slaughter, entrails, postmortem, inspection and meat delivery van while the fish port collects fees for mooring, berthing, loading and unloading.

The CEE, a self-liquidating office set aside a total of P1,284,700.97 as its 2% administrative share out of the total P35,571,553 collections.

This will be used for its various expenditures and salaries of its 200 regular and casual employees, Juros said.