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Yaman! Makati collects P17.8B taxes in 2018

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Business taxes accounted for half the total.

Mayor Abigail Binay had good news to share to the people of Makati for her State of the City Address.

The politiko happily reported that total revenues collected by the city surged to P17.8 billion for 2018, beating their full-year target by 14 percent.

Business taxes paid totaled P9.1 billion, while property taxes contributed P6.2 billion.

Makati was also named as the richest city, with total assets amounting to P196.7 billion.