The Sangguniang Bayan of Panganiban town was quick to point out that it was not at fault that the Commission on Audit flagged the LGU’s purchase of a six-wheeler dump truck during the pandemic quarantine period.
It may be recalled that last July 28, 2021, the Tribune had as its headline story the COA’s findings regarding the procurement of two dump trucks and a multi-purpose vehicle in 2020.
Vice Mayor Remelito Cabrera said that they passed Resolution No. 39-19 on Oct. 21, 2019, approving Municipal DRRM Council Resolution No. 02-19 that authorized the utilization of P1.97 million for the purchase of dengue prevention equipment and the six-wheeler dump truck.
He underscored that it took the administration of Mayor Cesar Robles eight months to complete the procurement process.
The COA would not have concluded that there was no urgency in the acquisition of the mini dump truck ahad the administration immediately initiated the procurement upon receipt of the SB resolution, the vice mayor stressed.
Gov. Joseph Cua was at another event when the DTI Catanduanes provincial office and the Bureau of Investments (BOI) conducted the Investments Briefing & Counselling Seminar last July 28, 2021 at E-Crown Hotel.
Only two mayors – Johnny Rodulfo of Bato and Posoy Sarmiento of Virac – were present while the others send only their MPDCs, business permit licensing officers, and local investment promotion officers.
In his remarks, Atty. Bobby Fondevilla, executive director of the Investments Assistance Center, disclosed that during the previous investment forum, none of the three activities proposed for registration with BOI prospered.
He expressed hope that this time, there will be registered projects that could avail of the new set of incentives offered under the Omnibus Investments Code and the recently-approved Corporate Recovery and Tax Incentives for Enterprises Act (CREATE).
But registration with the BOI is only optional, said division chief Edilberto Nunag, as it is only needed for the purpose of attaining fiscal and nin-fiscal incentives.
The project need not be within an economic processing zone but could be anywhere as long as it is registered with BOI.
But, he disclosed, it would be better for LGUs and the BOI to enter into a memorandum of agreement in which LGUs would furnish its Investment Promotion Areas (IPAs), as well as available lands for development by locator industries, to the board. In turn, the BOI will provide the LGUs with the profiles of possible investors.
“It will be up to the LGU to convince the investor to locate in their town,” Nunag stressed.
Senior Investments Specialist Helen Casco, for her part, urged LGUs to be business-friendly and competitive if the national investment promotion is to succeed.
Familiarity with their respective Local Investments & Incentives Code (LIIC) and investment promotion areas is a must, she said, adding that local governments should pursue incentive packages for investors.
Under the CREATE law, projects in areas outside NCR and neighboring areas can enjoy at least seven years of Income Tax Holiday (ITH) and five years of Enhanced Deductions. Those recovering from disasters can add two more years of ITH, Casco bared.
For its part, LGUs can offer incentives such as exemption from local business taxes, exemption from payment of postal charges or fees, exemption from special levy on real property, and other tax exemption privileges through ordinances.
THE PANTIES. A wife goes on a retreat for work.
When she returns, she finds a pair of panties in her dresser that do not belong to her.
Furious, she questions her husband.
The husband says, “I have no idea where they came from I don’t do the laundry!”
So, the wife goes to the maid and questions her.
Indignant, the maid replies, “Madam, how should I know? These panties don’t belong to me. I don’t even wear panties, just ask your husband!”