The Provincial Treasury (PT) of Nueva Vizcaya, led by Provincial Treasurer Rhoda B. Soriano-Moreno, spearheaded the Flag Raising Ceremony on May 25, 2026, and took the opportunity to outline their achievements and in 2025 as well as their goals and performance for the first quarter of 2026.

The PT was recognized by the Bureau of Local Government Finance for their various collection strategies, ranking Top 1 in Collection Efficiency for Real Property Tax and Locally Sourced Revenues. These achievements were further acknowledged by the Sangguniang Panlalawigan through Resolution no. 2025-5670, which commended the Treasury’s efforts and commitment to ‘optimum revenue generation’.

For fiscal year 2025, the PT reported surpassing its collection target of 2.5 billion by reaching 2.7 billion, registering an efficiency rate of 110.54%. For the first quarter of 2026, the office has collected more than 1 billion. This amount came from real property tax, sand and gravel taxes, transfer of real property fees, hospital fees, and other local revenues, as well as external sources.

In collaboration with the Provincial Information Technology Division of the Governor’s Office, the Provincial Treasury implemented a revenue collection system in the provincial government which ‘remits GSIS and Pag-IBIG payments through Landbank’s WeAccess system. This innovation has reduced processing time by 99% ‘in the acquisition of receipts’, according to the Treasury.

The attendees were reminded by the Treasury to settle any potential real property tax delinquency, as the Real Property Tax Amnesty would only be enforced until July 5, after which the Treasury would have to take legal remedies in collection.

The office expressed its gratitude to the administration of Governor Atty. Jose V. Gambito and the provincial government of Nueva Vizcaya. With their support, the Provincial Treasury renewed their vows to continue to strive for excellence and efficiency, mandated as they are to manage the financial resources of the province. /igmb

[This article was first created on Facebook – Provincial Government of Nueva Vizcaya. For PGNV updates, visit: https://www.facebook.com/vizcayareporter]