SBMA releases ₱218-M revenue shares to contiguous LGUs

The Subic Bay Metropolitan Authority (SBMA) released a total of ₱218,115,671.26 in revenue shares to eight local government units (LGUs) contiguous to this premier freeport zone.

 

SBMA Chairman and Administrator Eduardo Jose L. Aliño said that this amount released on Tuesday, July 21, 2026, represents the revenue shares for the first semester of 2026, which is 10.24 percent higher than that of last year’s comparative period. 

 

The recipient LGUs are Olongapo City, the municipalities of Subic, San Marcelino, Castillejos, and San Antonio in Zambales, and the towns of Dinalupihan, Hermosa, and Morong in Bataan.

 

Taking into account the population and land area, Olongapo was allocated the largest amount of ₱50,420,165.72, received by Olongapo City Mayor Atty. Rolen Paulino, Jr.

This was followed by Subic, Zambales, which received ₱32,871,521.46, accepted on behalf of Mayor Jonathan John Khonghun.

 

The remaining LGUs received their allocations as follows: Dinalupihan, Bataan, with ₱27,438,313.68, accepted on behalf of Mayor German Santos, Jr.; San Marcelino, Zambales, with ₱26,272,445.97, received by Mayor Elvis Soria; Hermosa, Bataan, with ₱23,422,520.27, accepted on behalf of Mayor Atty. Anne Adorable-Inton; Castillejos, Zambales, with ₱19,817,470.23, received on behalf of Mayor Jeffrey Khonghun; Morong, Bataan, with ₱19,340,287.10, received on behalf of Mayor Leila Linao-Muñoz; and San Antonio, Zambales, with ₱18,532,946.83, received by Mayor Dr. Arvin Antipolo.

The LGU shares are sourced from five percent corporate taxes paid by business locators in the Subic Bay Freeport. They are distributed among LGUs based on population (50%), land area (25%), and equal sharing (25%).

OIC-Deputy Administrator for Finance Editha Marzal, along with the finance team, led the distribution of the LGU shares.

 

Marzal noted that the net shares distributed to the LGUs include not only the current collection period’s allocations but also the 10 percent retention withheld during the first semester of the 2024 distribution.

 

According to Republic Act No. 9400, which amends RA 7227 or the Bases Conversion and Development Act of 1992, the SBMA is mandated to allocate two percent out of the five percent of gross income earned to LGU shares. (MPD-SBMA)

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SBMA releases ₱158.9M revenue shares to contiguous LGUs

The Subic Bay Metropolitan Authority (SBMA) is set to release a total of ₱158.9 million to its eight contiguous local government units (LGUs) as their revenue share for the second semester of 2025. 

SBMA Chairman and Administrator Eduardo Jose L. Aliño said that the current amount for release surpassed ₱143.17 million released during the same period last year, by 10.99%. 

The revenue shares, Aliño explained, are determined according to 50% population, 25% land area, and 25% equal sharing. 

Olongapo City remained the LGU with the highest share of ₱36.73 million; followed by Subic, Zambales, with ₱23.95 million; then Dinalupihan, Bataan with ₱19.99 million; San Marcelino, Zambales with ₱19.14 million; Hermosa, Bataan with ₱17.06 million; San Antonio, Zambales with ₱13.5 million; Castillejos, Zambales with ₱14.44 million; and Morong, Bataan with ₱14.09 million. 

Aliño added that these shares are extended to contiguous LGUs to augment their funds for calamities, health and safety, peace and order, livelihood generation, education, tourism, infrastructure, and social services. 

In August 2025, the SBMA released a total of ₱197.85 million as revenue shares for the first semester. In total, the agency released ₱356.74 million for the 2025 LGU shares. 

The LGU shares are derived from the five-percent taxes paid by business locators in the Subic Bay Freeport and are collected from January to June for the first semester, and July to December for the second semester. 

LGU shares are released in August and February the following year, respectively. (MPD-SBMA)

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LGUs contiguous to SBF receive ₱197.85M revenue shares

Local government units (LGUs) contiguous to this premier freeport received their revenue shares worth Php197.85 million.

The Subic Bay Metropolitan Authority (SBMA) released today the revenue shares for the first semester of this year in a simple turnover ceremony at the SBMA Corporate Boardroom.

“Rest assured that we will do our best to make progress in the Freeport so that our neighboring LGU partners will also benefit, including the 166,000 Freeport workers who chose to work here instead of working abroad,” SBMA Chairman and Administrator Eduardo Jose L. Aliño said.

According to Aliño, for the current period, the shares came from revenues collected between January and June this year, and are given to contiguous LGUs to augment funds for their projects in tourism, infrastructure, education, peace and order, health, livelihood generation, and social services that will benefit more than 785,000 individuals from their respective LGUs, especially households who have been severely affected by the recent calamities.

Olongapo City, the lone recipient city, received the largest share due to its population and land area among the seven LGU recipients, which is Php46,270,769.33.

In Zambales, Subic received Php29,683,317.56, the second biggest amount received. Next is San Marcelino with Php23,763,694.31, while Castillejos received Php17,987,887.14, and San Antonio received Php16,824,398.47.

In Bataan, Dinalupihan received Php24,643,508.58, while Hermosa received Php21,186,145.67, and Morong received Php17,489,910.85.

SBMA Senior Deputy Administrator for Support Services Atty. Ramon Agregado said that the LGUs' share distribution came timely since the provinces of Zambales and Bataan were affected by three typhoons that hit the country recently.

“Hermosa has hit a deficit in resources because of the calamity. This LGU share distribution will be a huge boost to augment the resources we lost. As you all know, Hermosa was among the hardest hit municipalities by the heavy rains brought about by the typhoons and the southwest monsoon, as 18 out of 23 barangays got flooded,” newly-elected Hermosa, Bataan mayor Atty. Anne Inton said.

Aliño explained that the LGU share is determined according to 50 percent population, 25 percent land area, and 25 percent equal sharing. Net shares are computed by adding the current base share to the ten percent retention amount from two years prior, but less the ten percent retention amount from the current period.

He also shared that the reduction in the amount of dividends for the same period in 2024 of ₱204.7 million to ₱197.8 million in 2025 was due to the imposition of 25 percent tax by the Department of Finance, which is remitted by the Agency to the Bureau of Internal Revenue (BIR), and the removal of the five percent tax privilege wherein three percent used to be remitted to the BIR, and two percent used to be distributed as dividends among the eight contiguous LGUs.

These revenue shares collected from January to June are released in August, and revenue shares collected from July to December are released in February of the following year. (MPD-SBMA) 

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Neighboring LGUs around SBF receive ₱143M revenue shares

Neighboring local government units (LGUs) around this premier free port received their revenue share of ₱143 million from the Subic Bay Metropolitan Authority (SBMA).

 

SBMA Chairman and Administrator Eduardo Jose L. Aliño explained that the revenue shares accorded to neighboring LGUs are given to seven municipalities and a city surrounding Subic Bay Freeport (SBF) to supplement their development funds in communities and enhance LGU projects in tourism, infrastructure, education, peace and order, health, and livelihood generation.

 

Aliño also shared that the amount is determined according to 50 percent population, 25 percent land area, and 25 percent equal sharing. 

 

Olongapo City received the significant chunk with ₱33.48 million as the most populated LGU, followed by Subic, Zambales at ₱21.48 million; Dinalupihan, Bataan at ₱17.83 million; and San Marcelino, Zambales at ₱17.19 million.

 

Meanwhile, Hermosa, Bataan received ₱15.33 million; Castillejos, Zambales at ₱13.02 million; Morong, Bataan at ₱12.66 million; and San Antonio, Zambales at ₱12.17 million.

 

According to the SBMA Accounting Department, the amount released accounted for two percent of the five percent tax on gross income paid by freeport locators from July to December 2024. The other three percent of the taxes paid are remitted directly to the national government. 

 

The LGU shares are released bi-annually. The first-semester collection is released in August, while the second-semester collection is released in February of the following year. (MPD-SBMA)

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SBMA releases ₱204.7-M LGU shares to contiguous LGUs for H1 2024

The Subic Bay Metropolitan Authority (SBMA) has released the ₱204.7-million in net revenue shares for the neighboring local government units (LGUs) of this premier Freeport.

The net share received by the eight contiguous localities is part of the five percent corporate taxes paid by Subic Bay Freeport-registered enterprises from January to June 2024.

Spearheading the distribution of LGU shares on behalf of the SBMA Chairman and Administrator was Senior Deputy Administrator for Support Services Atty. Ramon O. Agregado.

The revenue shares for this period is slightly higher than last year’s ₱203 million for the same period.

For shares generated during the first half of 2024, Olongapo City will receive a net share of ₱47.8 million; Subic, Zambales will receive ₱30.7 million; San Marcelino, ₱24.5 million; Castillejos with P18.6 million; and San Antonio, ₱17.4 million

For Bataan, Dinalupihan will receive ₱25.5 million; Hermosa, ₱21.9 million; and Morong, ₱18.1 million.  

Revenue shares are determined according to the following parameters - 50% population, 25% land area, and 25% equal sharing. This makes Olongapo City the frontrunner and top recipient of revenue shares due to its population.

According to the 2020 census, Olongapo pegged its population at 206,317, the biggest among the nearby communities of the SBF. It is also the highest in terms of population density with 1,407.12 resident per square kilometer with a total of 185 sq. km. land area.

Meanwhile, net shares are computed by adding the current base share to the ten per cent retention amount from two years prior, but less ten per cent retention amount from the current period.

Since August 2010, revenue shares were directly released to the LGUs on a bi-annual basis—August for the first semester, and then February the following year for the second semester. (MPD-SBMA) 

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SBMA to release ₱178-M revenue shares to contiguous LGUs

The Subic Bay Metropolitan Authority (SBMA) is set to release a total of ₱178-million revenue shares to a city and seven municipalities contiguous to the country’s premier Freeport. 

SBMA Chairman and Administrator Eduardo Jose L. Aliño said that the shares given to local government units (LGUs) are intended to augment local resources and enable stakeholder communities to benefit from the operations of Freeport businesses by augmenting the LGUs’ funds for development projects in health, education, peace and order, and livelihood generation. 

“These revenue shares that the agency received from the locators’ gross income, are intended to create a parallel development between the Freeport and its nearby LGUs. SBMA is highly committed to support our neighboring localities by helping them improve the living conditions of their residents’,” Aliño explained. 

The LGUs include Olongapo City, which will receive a net share worth ₱41.62 million; while the Zambales towns of Subic will receive ₱26.7 million; Castillejos, ₱16.18 million; San Marcelino, ₱21.37 million; and San Antonio, ₱15.13 million.

Meanwhile, in Bataan, Morong town will receive ₱15.73 million, Hermosa ₱19.06 million, and Dinalupihan ₱22.17 million.

Per the SBMA Accounting department, the shares to be released accounted for two per cent of the five per cent tax on gross income paid for by free port locators for the period July to December 2023. The other three per cent of the taxes paid are remitted directly to the national government. 

The LGU share is determined according to population (50 per cent), land area (25 per cent), and equal sharing (25 per cent). 

Aliño said the shares given by the SBMA to the neighboring communities would benefit almost 750,000 residents in the said areas. 

Over the period of ten years, LGU shares significantly increased by 118.94% from ₱81.3 million in 2014. This is attributed to the growing number of locators who continue to trust in the services accorded to them by the agency. (MPD-SBMA)

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SBMA releases ₱203-M revenue shares; new chief forges strong partnerships with neighboring LGUs

Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Jonathan D. Tan and mayors of the eight local government units (LGUs) adjacent to this free port forged strong partnerships as the Subic agency formally turned over revenue shares for localities contiguous to and affected by the operations of this premier freeport.

 

LGU shares are derived from the 2% of the 5% corporate taxes paid by Subic Bay Freeport-registered enterprises from January to June 2023, which amounted to ₱207.65 million.

 

Less net retention amount of Php4.62 million, LGU shares in the amount of ₱203 million were turned over by Tan for the first time during a simple ceremony at the Subic Bay Travelers Hotel.

 

Grateful for the positive turnout of LGU officials, Tan gave a briefing of the future development projects that the agency will be undertaking during the next few years of his term.

 

“These development projects will surely add value to the agency as it makes an effort to attract more investments; and with more investments, more jobs will be created not only for the residents of the neighboring towns of Subic, but also for the residents of neighboring provinces,” Tan assured.

 

With this, Tan also asked the beneficiary-LGUs for their help and cooperation in promoting Subic Bay Freeport to prospective investors.

 

“The more investments we get, the more jobs we create. The more revenues we generate, the more shares the LGUs get,” he added.

 

For the province of Zambales, Olongapo City mayor Rolen Paulino, Jr. received the highest share in the amount of ₱47.46 million; Subic mayor Jon Khonghun received ₱30.5 million; a representative of Castillejos mayor Jeff Khonghun received ₱18.5 million; San Marcelino mayor Elmer Soria received ₱24.38 million; and San Antonio mayor Edzel Lonzanida received ₱17.27 million.

 

Meanwhile, for the province of Bataan, Dinalupihan mayor German Santos, Jr. received ₱25.28 million; Hermosa mayor Joseph Inton received P21.7 million; and last but not the least, Morong mayor Cynthia Estanislao received ₱17.9 million.

 

The ₱207.65-million revenue share covers the first semester of 2023, with ₱16.14 million retention from the first semester 2021 collection, less ₱20.76 million for the current collection’s ten percent retention. 

 

These revenue shares are intended to supplement development projects in health, education, peace and order, and livelihood generation of the contiguous LGUs.

 

The SBMA started releasing the shares directly to LGUs in August 2010 to ensure their prompt remittance to the local communities. The LGU share is determined according to population (50 per cent), land area (25 per cent), and equal sharing (25 per cent), which are then released periodically in August, for the first semester, and February the following year, for the second semester. (MPD-SBMA)

 

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SBMA releases ₱178.7-M revenue shares to neighboring LGUs

The Subic Bay Metropolitan Authority (SBMA) officials met with the local chief executives and representatives of this premier Freeport’s neighboring local government units (LGUs) to distribute a total of ₱178.7-million revenue shares due them.

During the event, SBMA Chairman and Administrator Rolen C. Paulino welcomed the mayors and their finance officials at the Terrace Hotel for a short program.

“This is the second time we are doing it face to face since restrictions of the Covid-19 pandemic eased up. And as we slowly go back to our usual activities, I hope that these revenue shares would greatly help augment developments in their respective communities,” Paulino said.

“Because the SBMA and LGUs support one another, extending to them their share of our revenue is just appropriate. After all, we all are committed to protect the Freeport for our future generations,” Paulino stressed.

Meanwhile, SBMA Senior Deputy Administrator Atty. Ramon Agregado disclosed that the SBMA performance has improved in 2022—with higher revenues generated, and more business projects in the pipeline.

“The higher the revenue, the higher the tax payments, and that will be good for the LGUs,” Agregado assured as he mentioned a few projects in the pipeline that will generate a better outlook for the Freeport for the rest of the year.

Periodical figures show that the second semester revenue shares increased from ₱140,602,568.18 to ₱178,705,824.54 for the second semester of 2021 and 2022, respectively, by 27.1 percent. 

Paulino explained that the increase may have been largely attributed to the Fast, Friendly, Flexible service implemented when he assumed his post as chairman and administrator.

He further said that the shares are derived from the five-percent corporate taxes paid by business locators in the Freeport,  to promote parallel development in our neighboring communities and enhance LGU projects in tourism, infrastructure, education, peace and order, health, and livelihood generation.

All the mayors and finance officials expressed gratitude for the revenue shares, especially since they received larger amounts for their first tranche this year.

“Castillejos, Zambales is a third class municipality. A very small community and the revenue we generate is not enough. I am grateful to the SBMA for this revenue share, which is a big help for our finances, and more so because of the ₱4-million increase from last year,” Mayor Jeffrey Khonghun said.

“Our youth, our students in Dinalupihan, Bataan are thankful to the Freeport workers for their benefit from the tax they pay. We pray for good health for everyone so we can all serve our constituents,” Mayor Herman Santos, Jr. said.

During the pandemic, distribution of LGU shares was done on appointment basis to avoid crowding, in compliance with health protocols being enforced in the SBF.

For the collection period of January to December 2022, the SBMA has released a total of ₱319.3 million revenue shares, which is computed according to population (50%), land area (25%), and equal sharing (25%).

As such, the biggest LGU beneficiary for this period is Olongapo City, which received a total of ₱41,779,273.37. It is followed by Subic, Zambales with ₱26,842,905.77; Dinalupihan, Bataan with ₱22,257,027.69; San Marcelino, Zambales with ₱21,461,412.26; Hermosa, Bataan with ₱19,103,262.77; Castillejos, Zambales with ₱16,277,249.93; Morong, Bataan with ₱15,780,896.32; and San Antonio, Zambales with ₱15,203,796.43.

Revenue shares are released twice a year—August for the first semester, and February of the following year for second semester. (MPD-SBMA)

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SBMA gives ₱180.67-M revenue shares to neighboring LGUs

Eight neighboring local government units (LGUs) of this premier Freeport recently received its share of revenues from the Subic Bay Metropolitan Authority (SBMA) amounting to ₱180.67 million. 

Derived from the agency’s revenue collection from January to June this year, SBMA chairman and administrator Rolen C. Paulino led the distribution of shares to local government officials in a simple ceremony at the newly opened En Izakaya & Global Cuisine by Sakura restaurant. 

“I am optimistic that under the leadership of our new President Ferdinand Marcos, Jr., our economy will improve and LGU shares will be bigger especially if more investors will invest in Subic,” Paulino said. 

Paulino also urged everyone to help each other like the way the SBMA patronizes businesses in the Freeport by holding meetings and other events in various establishments, rendering their services. This way, he said, businesses here are able to earn and pay their rent and the salaries of their employees.

He said that this practice would also be beneficial to potential investors who would want to make it happen in the Philippines when they invest in Subic Freeport. 

During the turnover ceremony, Olongapo City mayor Lenj Paulino received the biggest at ₱42.02- million; while, Subic, Zambales municipal treasurer Rosemarie Custodio received ₱24.62-million; Dinalupihan, Bataan mayor Herman Santos received ₱22.47-million; San Marcelino, Zambales municipal treasurer Eleanor Damasco received ₱21.65-million; on behalf of Hermosa, Bataan mayor, Atty. Anne Inton received ₱19.3- million; Castillejos, Zambales mayor Jeff Khonghun received ₱16.47-million; Morong, Bataan assistant municipal treasurer Ma. Teresita Reyes received ₱15.95-million, and San Antonio, Zambales mayor Edzel Lonzanida received ₱15.48-million.

Meanwhile, SBMA Deputy Administrator for Finance Antonietta Sanqui said that the LGU shares are determined according to population (50 per cent), land area (25 per cent), and equal sharing (25 per cent).

“The revenue shares being released by the SBMA every semester are derived from the corporate tax, which is two percent of the five-percent special tax it collects from business locators in the Subic Bay Freeport Zone,” she explained. 

Sanqui added that the SBMA has been releasing revenue shares directly to the LGUs since August 2010.  Previously, corporate taxes were remitted first to the national government, which would then distribute the shares to the concerned LGUs. (MPD-SBMA)

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SBMA releases P140.6-M shares to neighbor LGUs

The Subic Bay Metropolitan Authority (SBMA) allocated a total of P140.6 million for the shares of local government units (LGUs) contiguous to the Subic Bay Freeport Zone during the second half of 2021.

SBMA Chairman Wilma T. Eisma said these will be released to the eight neighboring LGUs next week.

The LGU shares are broken down as follows: P32,859,441.37 for Olongapo City; P21,145,468.61 for Subic, Zambales; P16,883,070.73 for San Marcelino, Zambales; P12,831,070.73 for Castillejos, Zambales; P11,968,060.18 for San Antonio, Zambales; P17,509,805.94 for Dinalupihan, Bataan; P15,003,180.96 for Hermosa, Bataan; and P12,402,469.66 for Morong, Bataan.

The shares, which are sourced from the five-percent taxes paid by business locators in the Subic Bay Freeport, are meant to promote parallel development in communities near the Freeport and enhance LGU projects in tourism, infrastructure, education, peace and order, health, and livelihood generation.

Eisma said the new allocation is 18 percent smaller than the LGU shares released in August last year, which totaled P166.16 million, but surpassed by more than 12 percent the P123.1 million total distributed in February 2021.

The LGU shares for the first half of the year is released in August, while that for the second half is released in February the next year.

Eisma said, however, that the SBMA will do away with the usual check-releasing ceremony as a precaution in face of the recent surge of Covid-19 cases nationwide, including in local communities.

“For the first time, I won’t be releasing the checks personally because I want to avoid crowding in pursuit of health protocols that we are enforcing in the Subic Bay Freeport. So, we advise LGU representatives to please claim their checks at the SBMA Treasury instead,” Eisma said.

According to SBMA records, the Subic agency has now distributed a total of P2.83 billion in LGU shares since 2011 when the SBMA started releasing shares directly to the LGUs. Previously, the distribution of LGU shares were coursed through the National Treasury.

The LGU shares are computed according to population (50%), land area (25%), and equal sharing (25%).

The biggest LGU beneficiary ever since is Olongapo City, which received a total of P672.73 million since 2011. It is followed by Subic, Zambales with P427.35 million; Dinalupihan, P353.89 million; San Marcelino, P341.03 million; Hermosa, P293.12 million; Castillejos, P255.68 million; Morong, P246.28 million; and San Antonio, P245.6 million. (MPD-SBMA)

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SBMA distributes P166.16-M revenue shares to LGUs

The Subic Bay Metropolitan Authority (SBMA) released on Friday (August 6) a total of P166,167,942.10 representing the 2021 first semester revenue shares for the eight local government units (LGUs) contiguous to the Subic Bay Freeport Zone. 

SBMA Chairman and Administrator Wilma T. Eisma said the new release is 7.29 % higher than the P154,873,605.57 distributed in the same period last year, although far smaller than the shares given before the Covid-19 pandemic caused economic slowdown among businesses in Subic Freeport.

Eisma said the determination by the SBMA to stop the spread of Covid-19 here, coupled by continuous efforts to develop new revenue streams helped increase the agency’s income this year and subsequently the LGU allocations despite the economic downturn. 

The LGUs that benefit from SBMA revenue shares are Olongapo City, the municipalities of Subic, San Marcelino, Castillejos, and San Antonio in Zambales, and the towns of Dinalupihan, Hermosa, and Morong in Bataan.

For the first semester of 2021, Olongapo City received the highest share amounting to P38,646,910.80, followed by Subic with P25,403,910.86, and Dinalupihan with P20,667,618.91.

The rest received their shares as follows: San Marcelino, P19,914,780.16; Hermosa, P17,301,942.69; Castillejos, P15,553,376.27; Morong, P14,439,842.95; and San Antonio, P14,239,559.46.

Cheques for the LGU shares were turned over to LGU representatives by SBMA Deputy Administrator for Finance Antonietta Sanqui last Friday.

Before this, the SBMA had released LGU shares totaling P656.85 million in the last two years alone. These include P203.13 million in August 2019, P175.73 million in February 2020, P154.87 million in September 2020, and P123.1 million last February.

Meanwhile, LGU executives who attended the turnover of shares said they would use the money to fund various health programs of the LGUs, especially the fight against the Covid-19 virus.

Mayor Elvis Soria of San Marcelino, Zambales said the funds are most welcome “especially these days when the rainy season affects many of our constituents and there’s a need to allocate funds for relief operations.”

Subic Mayor Jonathan John Khonghun, meanwhile, said they would also use part of the money for infrastructure projects like road construction, as well as for scholarship program “now that the school year is going to begin soon.”

The LGU shares are taken from the five-percent taxes paid by business locators in the Subic Bay Freeport and are apportioned among LGUs according to population (50%), land area (25%), and equal sharing (25%).

Republic Act No. 9400, which amended RA 7227 or the Bases Conversion and Development Act of 1992, directs the SBMA to allocate two out of the five percent of gross income earned for LGU shares. (MPD-SBMA)

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SBMA to release P123.1-M LGU revenue shares

Staying true to its mandate of spurring development among the eight local government units (LGUs) near the Subic Bay Freeport, the Subic Bay Metropolitan Authority (SBMA) continues to provide revenue shares to neighboring communities despite the Covid-19 pandemic.

SBMA Chairman and Administrator Wilma T. Eisma said the agency will release next week a total of P123.1 million, which came from revenue collections between July and December 2020 and the retained amount from the 2018 second semester LGU share.

“The release for this period is 29.9 percent lower than the shares for the same period last year, which was P175.7 million. And this goes to show how much the Covid-19 health crisis has impacted—and continues to impact—Freeport operations,” Eisma said.

“But it also goes to show that despite Covid-19, the SBMA and business locators in the Freeport have sustained economic growth and that Subic Bay will continue to be a catalyst for development in this part of the country,” she added.

For this period, Olongapo City will receive P28,631,819.10 in LGU share; followed by Subic, Zambales with P18,820,655.14; Dinalupihan, Bataan P15,311,741.98; San Marcelino, Zambales P14,753,996.41; Hermosa, Bataan P12,818,258.50; Castillejos, Zambales P11,522,821.52; Morong, Bataan P10,697,853.76; and San Antonio, Zambales P10,549,471.67.

The SBMA will release the shares to LGU officials in staggered schedules beginning next week.

The LGU share is determined according to population (50 per cent), land area (25 per cent), and equal sharing (25 per cent).  Olongapo, which is a highly urbanized city, always received the biggest chunk of the shares.

The shares constitute 2% of the 5% gross corporate income taxes paid by business enterprises in the Subic Bay Freeport Zone and were intended to augment LGU funds for tourism, infrastructure, education, peace and order, health, and livelihood generation.

With the advent of the Covid-19 pandemic last year, some LGUs said they have rechanneled part of the shares to health and safety programs to combat Covid-19.

The LGU shares are released to LGUs twice a year, with tax collections from January to June released in August, and collections from July to December released in February the following year.

For the entire 2020, the SBMA has released a total of P277.98 million in revenue shares to seven municipalities and one city near the Subic Bay Freeport Zone. (MPD-SBMA)

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SBMA releases P154.87-million LGU shares

Despite the global economic downturn caused by the Covid-19 pandemic, the Subic Bay Metropolitan Authority (SBMA) still gave out revenue shares amounting to more than P154 million for the first semester to eight neighboring communities.

SBMA Chairman and Administrator Wilma T. Eisma handed over the checks to officials from the beneficiary local government units (LGUs) who arrived at the SBMA office in succession to observe social distancing on Thursday, Sept. 10.

Olongapo City remains to be the recipient of the biggest share with P36,020,102.98; followed by Subic, Zambales with P23,677,221.95; Dinalupihan, Bataan P19,262,853.00; San Marcelino, Zambales P18,561,184.24; Hermosa, Bataan P16,125,939.80; Castillejos, Zambales P14,496,222.41; Morong, Bataan P13,458,376.24; and San Antonio, Zambales P13,271,704.95.

The latest LGU release was taken from the agency’s revenue collections from January to June this year.

The LGU share is determined according to population (50 per cent), land area (25 per cent), and equal sharing (25 per cent).  Olongapo, which is a highly urbanized city, always received the biggest chunk of the shares.

The shares are given to LGUs twice a year and are derived from two percent of the five-percent gross income taxes collected from business locators in the Subic Bay Freeport Zone.  Shares for the January to June period are released in August, while shares for July to December are given out in February the next year.

Eisma stressed that the LGU shares were meant to augment local resources and enable stakeholder communities to carry out development projects in health, education, peace and order, and livelihood generation.

She also pointed out that the total LGU shares given out this semester decreased a bit from the P175.7 million given out for the July to December period last year because of the slowdown in local business because of the Covid-19 pandemic.

Meanwhile, Mayor Elvis Soria of San Marcelino, Zambales said the LGU shares would be a big boost to local communities as they grapple with the effects of the pandemic.

“While the LGU shares are usually budgeted for development projects, we hope it can be realigned for use in our Covid-19 response, too,” Soria said.  

The LGU of Morong, Bataan had requested for another schedule for the release of its share. (MPD-SBMA)

PHOTO:

SBMA Chairman Wilma Eisma hands over LGU shares to local officials representing Olongapo City; the municipalities of Subic, Castillejos, San Marcelino, and San Antonio in Zambales; and Dinalupihan, Morong, and Hermosa in Bataan.

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SBMA turns over P175.7-M revenue share to LGUs

The Subic Bay Metropolitan Authority (SBMA) turned over revenue shares amounting to P175.73 million to eight neighboring local government units (LGUs) on Wednesday.

This amount, which was derived from revenue collections here from July to December last year, was released by SBMA Chairman and Administrator Wilma T. Eisma over a luncheon meeting with local government officials at the Fortune Seafood Restaurant here.

“The purpose of this money is to help us—the SBMA and its neighbor communities—develop together. Like what I always say, we share the same home and, consequently, the same future. But I hope we can be transparent about how we spend it,” she asked the LGU officials.

She explained that sharing revenues to develop contiguous communities actually helps the SBMA fulfil its mandate, which is to attract investments, generate employment, and create more opportunities for everyone.

“The funds don’t have to be spent on infrastructure like roads or bridges,” Eisma added. “Right now I’m thinking of language training, or any similar people investment, so that Subic locators would not need to hire workers from faraway places like Manila.”

“It would be great if locals could speak Korean, or Japanese, or Chinese so that they can be hired in better positions that used to be dominated by candidates from Manila,” she also said.

Out of the P175.73 million LGU shares distributed last Wednesday, Olongapo City received the biggest at P40.87 million. The rest went to Subic, Zambales at P26.86 million; Dinalupihan, Bataan P21.86 million; San Marcelino, Zambales P21.06 million; Hermosa, Bataan P18.29 million; Castillejos, Zambales P16.45 million; Morong, Bataan P15.27 million, and San Antonio, Zambales P15.06 million.

In response, the LGU executives expressed gratitude to the SBMA for the development funds.

“It’s a big help for us, of course. We are receiving a huge amount, which goes to the general fund, and it helps us pay for for road construction, scholarships, and tourism,” said San Marcelino mayor Elvis Soria.

He said the town has allotted P5 million for the town’s annual tourism budget. “And that will come from our share from SBMA,” Soria pointed out.

Meanwhile, Subic mayor Jonathan Khonghun said that the revenue share for his municipality is being used mostly for health care, education and infrastructure.

“This revenue share is really a big help; it lightens our load,” Khonghun said. “Part of it we spend for medicines and hospitalization assistance, and the others in maintaining Kolehiyo ng Subic, sustaining our scholars, and helping poor people graduate,” Khonghun said.

The revenue shares distributed by the SBMA every semester are derived from two percent of the five-percent gross income tax it collects from business locators in the Subic Bay Freeport Zone. The shares were set according to population (50 per cent), land area (25 per cent), and equal sharing (25 per cent).

Last year, the SBMA released a total of P378.87 million in revenue shares: Olongapo City got P88.12 million, Subic P57.92 million, Dinalupihan P47.12 million, San Marcelino P45.41 million, Hermosa P39.45 million, Castillejos P35.46 million, Morong P32.92 million, and San Antonio P32.46 million.

Eisma said the SBMA has been releasing revenue shares directly to the LGUs for 10 years now starting in August 2010. Previously, corporate taxes were remitted first to the national government, which would then distribute the shares to the concerned LGUs. (RFD/MPD-SBMA)

PHOTO:

SBMA Chairman and Administrator Wilma T. Eisma (center) hands over cheques for LGU shares to (left-right): Mayor Preciliano Ruiz (San Antonio), Mayor Elvis Soria (San Marcelino), Vice Mayor Rizal Salih Jr. (Castillejos), Mayor Jonathan Khonghun (Subic), Mayor Rolen C. Paulino Jr. (Olongapo), and Vice Mayor Renato Matawaran (Dinalupihan).

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SBMA releases P203.14-million shares to LGUs

The Subic Bay Metropolitan Authority (SBMA) distributed checks amounting to a total P203.14 million to adjacent local government units (LGUs) that benefit from the semi-annual revenue shares from the Subic agency.

SBMA Chairman and Administrator Wilma T. Eisma released the shares during a lunch meeting at the Subic Bay Yacht Club on Monday to LGU executives of Olongapo City and the towns of Subic, Castilejos, San Marcelino and San Antonio in Zambales, and Hermosa, Morong and Dinalupihan in Bataan.

The biggest disbursement went to Olongapo City with P47.24 million, followed by Subic with P31.05 million; San Marcelino, P26.34 million; Dinalupihan, P25.26 million; Hermosa, P21.15 million; Castillejos, P19.01 million; Morong, P17.65 million; and San Antonio, P17.41 million.

Monday’s releases brought the total amount received by contiguous LGUs to P2.07 Billion since February 2011 when the SBMA started directly releasing the revenue shares to them.

As the LGU share is determined according to population (50 per cent), land area (25 per cent), and equal sharing (25 per cent), Olongapo, which is a highly urbanized city, always received the biggest chunk of the shares.

The shares given in August are derived from two per cent of the five-percent gross income taxes collected from business locators in the Subic Bay Freeport Zone from January to June each year. Shares from collections in July to December are released in February.

Eisma pointed out that the LGU shares are given to augment local resources and enable stakeholder communities to carry out development projects in health, education, peace and order, and livelihood generation.

“This is another way by which the SBMA promotes inclusive growth in the locality, aside from generating employment opportunities for local workers,” Eisma said.

“While we don’t have any means to determine how the shares are utilized, we hope that these will be used for the communities to keep pace with developments in the Subic Bay Freeport,” she added.

For their part, the mayors gave assurances that the funds would be spent to further develop their respective communities.

Mayor Rolen Paulino Jr. of Olongapo said the shares he received would go for development projects that would benefit the people of the city, while Mayor Jonathan Khonghun of Subic said that their share would provide for scholarship grants to deserving residents of the municipality. Both are neophyte mayors who won in the recent elections.

The SBMA began releasing the shares directly to the LGUs, after a new tax collection scheme was implemented in August 2010. Previously, corporate taxes were remitted first to the national government, which would then distribute the LGU shares. (RAV/MPD-SBMA)

PHOTO:

SBMA Chairman and Administrator Wilma T. Eisma (center) with local chief executives after releasing LGU shares at the Subic Bay Yacht Club on Monday. Left-right: Mayor Rudy Ruiz (San Antonio); Mayor Elvis Soria (San Marcelino); Mayor Rolen Paulino Jr. (Olongapo City); Mayor Jopet Inton (Hermosa); Chairman Eisma; Mayor Eleanor Dominguez (Castillejos); Mayor Angela Garcia (Dinalupihan); Mayor Cynthia Estanislao (Morong); and Mayor Jon Khonghun (Subic). (MPD-SBMA)

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SBMA releases P147.13 million for 1st semester LGU shares

The Subic Bay Metropolitan Authority (SBMA) has released P147.13 million representing the first-semester 2018 revenue share for local government units (LGUs) contiguous to the Subic Bay Freeport Zone.

SBMA Chairman and Administrator Wilma T. Eisma distributed individual checks for the LGU shares on Wednesday, August 1, during a meeting with mayors and municipal treasurers at the Fortune Restaurant here.

The biggest share went to Olongapo City at P34,356,210.73; followed by Subic, Zambales with P22,438,000.32; Dinalupihan, Bataan with P18,317,950.71; and San Marcelino, Zambales with P17,652,452.62.

Next came Hermosa, Bataan with P15,292,064.02; Castillejos, Zambales with P13,656,489.21; Morong, Bataan with P12,776,665.57; and San Antonio, Zambales with P12,664,679.21.

Eisma said that the latest releases brought the cumulative LGU shares distributed by the SBMA in the last eight years to a total of P1,649,947,885.13.

This means an average release of P206.24 million every year to the eight LGUs covered by the benefit taken from the 5% tax paid by enterprises registered in the Subic Bay Freeport Zone.

Again Olongapo City received the biggest share in the eight years that the SBMA began directly releasing the shares to the LGUs.

SBMA records indicate that Olongapo has received a total of P396.79 million; Subic, Zambales had P246.42 million; Dinalupihan, P206.39 million; and San Marcelino, P198.89 million.

Meanwhile, Hermosa received a total of P169.29 million; Castillejos, P145.03 million; San Antonio, P144.06 million; and Morong, P143.05 million.

Eisma said the SBMA began directly releasing the shares to LGUs in 2010. Before this, Subic business locators paid their 5% corporate tax to the BIR, which remits payments to the national treasury. Then the Department of Budget Management released the 2% share to the LGUs concerned.

Under Republic Act No. 9400, which amended RA 7227 or the Bases Conversion and Development Act of 1992, business enterprises within the Subic Freeport Zone only pay a 5% tax on their gross income earned within the zone.

The corporate taxes are remitted as follows: 3% to the national government and 2% to the SBMA for distribution to LGUs affected by the declaration of, and contiguous to the zone.

Meanwhile, the 2% share is divided according to population (50 percent), land area (25 percent), and equal sharing (25 percent). (HEE/MPD-SBMA)

PHOTOS:

SBMA Chairman and Administrator Wilma T. Eisma (left) hands over the checks to representatives of recipient LGUs. From top clockwise: Dinalupihan, Bataan Mayor Ma. Angela Garcia and another municipal official; San Antonio, Zambales Mayor Estela Antipolo; Castillejos, Zambales Mayor Jose Angelo Dominguez (AMD/MPD-SBMA)

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SBMA releases P147-million LGU shares

The Subic Bay Metropolitan Authority (SBMA) recently released a total of P147 million representing revenue shares to eight local government units (LGUs) adjacent to the Subic Bay Freeport.

SBMA Chairman and Administrator Wilma T. Eisma said the revenue shares were given to help finance development projects in health, education, peace and order, and livelihood programs so that the contiguous communities can keep pace with developments in the Subic Bay Freeport and Special Economic Zone.

Based on SBMA records, Olongapo City received the highest revenue share with P34.35 million, followed by the municipality of Subic, Zambales, with P22.46 million, and Dinalupihan, Bataan, with P18.32 million.

The other municipalities in Zambales that received the LGU share were Castillejos, with P13.69 million; San Marcelino, P17.66 million; and San Antonio, P12.65 million.

On the other hand, Morong and Hermosa towns in Bataan received P12.79 million and P15.31 million, respectively.

The shares were personally received from Chairman Eisma by Mayors Rolen Paulino of Olongapo, Jay Khonghun of Subic, Jose Angelo Dominguez of Castillejos, Elvis Soria of San Marcelino, Estela Antipolo of San Antonio, and Joseph Inton of Hermosa.

Eisma said the P147.22 million distributed last week represented LGU shares for the second half of 2017. The amount was 6.96 percent lower than the P150.46 distributed for the same period last year.

“SBMA is continuously working on every possible means to attract more investors to create more jobs and increase the LGU shares,” Eisma said during the turnover at the SBMA head office last Friday.

However, she urged the LGUs to help the SBMA develop estates in their respective areas and to start planning for the extension of the Freeport’s fenced-in areas because the SBMA is already running out of space to meet the space requirement of new and bigger investors.

“If we could no longer accept new investors, the LGU shares from SBMA would not improve further, and, worse, could even diminish,” she noted.

“We have to find ways to extend the Freeport area, so that we could grow and develop more businesses and create more livelihood opportunities for local residents,” she added.

Locators and investors operating within the Subic Bay Freeport remit to the SBMA percent of their gross income. Of the five percent gross revenue, three percent goes to the national treasury, while two percent is distributed by the SBMA among the eight neighboring LGUs.

The LGU share is computed based on population, 50 percent; land area, 25 percent, and equal sharing, 25 percent. (RAV/MPD-SBMA)

PHOTO:

SBMA Chairman and Administrator Wilma T. Eisma with Zambales and Bataan local government executives who received LGU shares from the SBMA (L-R): Mayor Jay Khonghun, Mayor Rolen Paulino, Mayor Jose Angelo Dominguez, Chairman Wilma T. Eisma, Mayor Estela Antipolo, Mayor Elvis Soria, Mayor Joseph Inton, and SBMA Director Julius Escalona.

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SBMA releases P150.5-M revenue shares to neighboring LGUs

The Subic Bay Metropolitan Authority (SBMA) has released a total of P150.5 million in revenue shares for the second semester of 2016 to eight local government units adjacent to the Freeport.

SBMA Administrator Atty. Wilma Eisma said the total revenue shares for the second semester of 2016 distributed among eight LGUs is 6.4% higher than the P141.4 million of first semester of 2015; and 30.6% higher than the P115.23 million for the second semester of 2015.

“We are proud to turnover to you the result of the hard work of our SBMA workers who made everything possible for the agency they serve as we continue to attract more investors and create more jobs,” Eisma told the local officials.

Municipal and city executives who attended the LGU share turnover ceremony held at the SBMA Boardroom include Vice Mayor Jong Cortez (Olongapo City), Mayor Joseph Inton (Hermosa, Bataan); and from Zambales were Mayors Jefferson Khonghun (Subic), Dr. Estela Antipolo (San Antonio), Jose Angelo Dominguez (Castillejos) and Elvis Soria (San Marcelino).

Dinalupihan and Morong in Bataan were represented by each of its respective treasurers.

The shares handed over to LGUs were derived from the five per cent (5%) of gross revenue taxes paid to SBMA by locators and investors operating inside Subic Freeport.

From the five percent GRT, three per cent goes to the national treasury, while the two per cent (2%) were distributed by SBMA among the eight LGUs.

The share each LGU receives is based on the following criteria: population (50%), land area (25%), and equal sharing (25%).

Based on SBMA records, this semester, Olongapo City remains the highest recipient of the revenue share with P35.1 million, followed by the municipality of Subic with P22.96 million and Dinalupihan with P18.73 million.

Other municipalities were San Marcelino, P18.05M; Hermosa, P15.65M; Castillejos, P14M; Morong, P13.07M, and San Antonio, P12.92M.

The revenue shares are to be used to finance community development projects including those for health, education, peace and order, as well as livelihood programs to enable communities near the Subic Bay Freeport to keep pace with the developments in the special economic zone.

In response, Hermosa Mayor Inton thanked the SBMA for its continuous effort in improving the investment climate in the Freeport which generates employment opportunities for the residents.

“These revenue shares will be used for improving the basic services the local government units are providing for their constituents, since these services were already devolved in the discretion of the LGUs such as health, education and peace and order,” he said.

Meanwhile, Eisma urged LGU officials to start looking for possible areas to be developed as industrial parks as the SBMA eyes to extend the fenced areas of the Freeport to its neighboring communities to meet the land area requirements of new investors.

“We need more lands to be developed as industrial parks for our new investors. We should start making our master plan now. Currently, Subic Freeport has not enough land it could offer to new investors,” she said, adding that the SBMA is willing to help on the technical side of the planning.

She noted that the soonest these industrial parks are created, the SBMA would be able to accept big investment proposals, and would mean more jobs and bigger LGU shares. (RAV/MPD-SBMA)

PHOTO:
Subic Bay Metropolitan Authority (SBMA) Administrator Wilma Eisma (7th from left) meets with officials of the neighboring local government units (LGUs) of the Subic Bay Freeport during the turnover ceremony of their revenue shares. Also present during the said event were members of the SBMA Board of Directors. (AMD/MPD-SBMA)

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