Yearender report – City enterprises exceed target

by EJ Dominic C. Fernandez
IT was still November, but the earnings of Davao City’s economic enterprises had already exceeded its income target for the entire year by 4.6 percent.
This was reported by Jose Elmario P. Guintadcan, CEEB (City Economic Enterprises Bureau) manager in a yearend interview he granted to Edge Davao.
As of end of November, the total collection of CEEB units reached P109,468,289, Guintadcan told this reporter. This indicates an excess of P4,810,376, or 4.6 percent, of the January-December 2012 target of only P104,657,913.
If the collection trend continues, Guintadcan expects total earnings from city enterprises to reach P119 million by the end of December.
The City enterprises are composed of the Davao City Overland Transport Terminal (DCOTT), Sta. Ana Port, public cemeteries, Davao City Recreation Center, Magsaysay Park, slaughter houses and public markets.
Here is the breakdown of the total collection of each unit from January to November 2012: DCOTT — P18,782,871 (target P20,400,000); Sta. Ana Port — P6,658,715 (target P6,000,000); and slaughter houses 11,162,088 (target 16,000,000).
The cemeteries, Magsaysay Park and DCRC, however, still lack accounts for November.
The cemeteries had a total collection of P239,900 with a target of P1,200,00; DCRC — P609,858 (target P627,732); Magsaysay Park — P705,730 (target P800,000).
For the markets, the total collection from January to November 2012 was P71,360,072 (target P59,730,181). These collections came from eight markets all over Davao City and broken down as follows: Agdao — P21,048,909 (target 17,250,000); Bankerohan — P22,631,501 (target P26,649,157); Toril — P17,836,404 (target P9,733,907); Mintal — P3,143,819 (target P2,466,783); Calinan –P5,407,625 (target P3,604,800); Tibunco — P763,283 (target P584,946); Bunawan P467,890 (target P482,633); and Lasang — P60,638 (target of P57,952).
Guintadcan said there was a big increase in this year’s collections compared to last year considering that the report still lacks accounts from cemeteries, Magsaysay Park, and DCRC for the month of November and accounts for the month of December.
Guintadcan gave credit for this increase to the effort of the market supervisors, managers of different units, constant reminders to the businesses, improvements of the services, and improvement of the facilities.
He said, “with these improvements and the proper cooperation of each unit, hopefully, there will be more increases next year.”
The total target of the City Economic Enterprise Bureau for 2012 is P104,657,913 and the total collection of all units as of November is already at 109,468,289. According to Guintadcan, CEEB is expecting a total collection of 119 million when the December report is passed.