Davao City Economic Enterprise logs collection increase in 2024

Davao City Economic Enterprise logs collection increase in 2024

THE Davao City Economic Enterprise (CEE) surpassed its 2024 collection target of P211,020,000, marking a significant increase from its 2023 collection.

Economic Enterprise Manager Maximo Macalipes Jr., in an interview with the Madayaw Program over the city-owned Davao City Disaster Radio (DCDR), said the CEE achieved more than 100 percent of its target collection in 2024.

“We’ve finally reached the income target that the local finance committee gave us, making our performance excellent,” he said.

In 2024, the CEE’s income reached P211,473,170.76. This is higher than its 2023 income of P200,479,369.86.

A huge chunk of this collection came from the market operations of the city amounting to P136,553,950.27.

The CEE also attributed the increase to the city’s cemetery operations, slaughterhouses, and other income generating projects.

Macalipes said the Economic Enterprise’s strong collaboration and partnership with other agencies helped ensure that the office implements its policies and programs properly.

“We also attribute this to the support of our Mayor Baste Duterte, and City Administrator Atty. Francis Mark Layog),” he said.

Macalipes also expressed his gratitude to the public for their continuous and consistent support.

 

Editor’s Note: This article has been sourced from the Mayor Sebastian “Baste” Duterte Facebook Page.

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