Davao City collects P13.3 billion in revenue from January to September

Davao City collected P13.3 billion in revenue from January to September 2026, according to City Treasurer Atty. Lawrence Bantiding. The total is 10.33 percent higher than the roughly P12.05 billion collected over the same nine months last year.

In an interview with the City Information Office, reported by Edge Davao, Bantiding said business taxes were the largest single source, bringing in about P2.73 billion, or more than 20 percent of total collections. Real property taxes followed at about P1.08 billion, or 8.13 percent of the total.

Bantiding said both business and real property tax collections have already exceeded their targets for the year. The city's overall revenue target for 2026 is about P15.89 billion. Bantiding said the September collections represent 87.71 percent of that goal.

"Yes, we are truly optimistic that we will reach it, and it is even possible that we will surpass the 2026 target," Bantiding said.

He credited the increase to Dabawenyos who paid their taxes on time. Speaking in Bisaya, he thanked residents for their cooperation and said every peso collected goes back to the community through public services, infrastructure, health, education and security.

Bantiding also said the City Treasurer's Office will strengthen its collection efforts, improve digital payment options, and work to ensure that public funds are used transparently and efficiently.