Council eyes April approval for real property tax revision

THE Cebu City Council might approve the proposed ordinance that revises the Real Property Tax Code in the first week of April, or after the Holy Week break.This was the response of City Councilor Noel Wenceslao to the call of Mayor Michael Rama, who, during the flag raising on City Hall grounds Monday, March 11, 2024, urged the council to expedite the passage of the revised RPT Code before the end of this month.

However, Wenceslao said there is a possibility that the final deliberation, or the third reading, will be delayed until the first week of April due to Holy Week. There is no work in government offices on Maundy Thursday and Good Friday .He said they cannot hold a session this week because most of the councilors are in Boracay for the Philippine Councilors League’s convention. Cebu City holds its regular session on Wednesdays.

Source: Real Estate Daily Report (realestatedailyreport.net)

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