Revenue Code of the City of Isabela, Province of Basilan

March 26, 2015Excerpts from the Minutes of the Journal of Proceedings of the Regular Session of the Sangguniang Panlungsod of the City of Isabela, Province of Basilan, Held at the Sangguniang Panlungsod Session Hall Isabela City, Basilan, on March 26, 2015. BASILAN PROVINCIAL ORDINANCE NO. 438-15REVENUE CODE OF THE CITY OF ISABELA, PROVINCE OF BASILANAuthored by: Honorable Moumar L. MuaripEXPLANATORY NOTEWHEREAS, Article X, Section 5 of the 1987 Constitution of the Philippines is being considered as the fountainhead of the local government taxing powers which was further reinforced by Republic Act No. 7160, otherwise known as the Local Government code of 1991 wherein the city government, consistent with the basic policy of local autonomy, is authorized to create its own sources of revenues to defray the expenses of the government; WHEREAS, Republic Act No. 9023, an Act converting the 25-year old Municipality of Isabela, into a component city of the Province of Basilan known as the City of Isabela which was signed into law by Her Excellency GLORIA MACAPAGAL-ARROYO, President of the Philippines on March...