Memorandum Circulars to Water Districts

 

 

 


REPUBLIC OF THE PHILIPPINES
LOCAL WATER UTILITIES ADMINISTRATION

MEMORANDUM CIRCULAR NO. 004.07
Series of 2007

TO : All Water Districts

SUBJECT : Imposition of Realty Tax on WD Real Property under the Local Government Code of 1991

DATE : 23 November 2007


In response to the request of several Water Districts for legal advice regarding the imposition of real property tax on the real properties owned by the Water Districts, we cite hereunder the pertinent portion of the Office of the Government Corporate Counsel (OGCC) Opinion No. 175, series of 2006, viz:

"x x x, it is our considered view that a local water district is exempt only from the payment of real property tax on its machineries and equipment but is liable for payment of tax on other real property such as lands, buildings and improvements thereon in accordance with the Local Government Code of 1991."

Attached hereon is the OGCC Opinion No. 175 series of 2006 for reference.


(Signed) ORLANDO C. HONDRADE
Administrator

 


REPUBLIC OF THE PHILIPPINES
LOCAL WATER UTILITIES ADMINISTRATION


MEMORANDUM CIRCULAR No. 007.05


TO : ALL WATER DISTRICTS


SUBJECT: COMPLIANCE WITH LWUA'S REGULATORY REQUIREMENTS

DATE : November 18, 2005

COA has denied our request for reconsideration on the exemption of Water Districts from the coverage of NGAS in their letter dated September 25, 2005.

LWUA maintains its position as a regulatory office to monitor, regulate and set operating standards for water districts operations. Commercial and financial management concerns were raised with your best interest in mind, to justify the request for your exemption from the coverage of NGAS. However, with the denial of our appeal, the issue was rendered moot and academic.

LWUA does not have the mandate to prevent the implementation of NGAS in your water district. Nevertheless, we have not relinquished our regulatory function.

Water Districts are hereby advised to continue preparing and submit the CPS-prescribed periodic financial and operations reports (e.g. Financial Statements, MDS) without prejudice to the implementation of NGAS in your water district and the subsequent issuance by COA of the customized financial accounting manual that shall embody the accounting policies, rules and regulations relative to the transactions of water districts.

Other issuances inconsistent with this Memorandum Circular are hereby revoked.

For your information and guidance.

(Signed) LORENZO H. JAMORA
Administrator

Pls. read LETTER OF ADMINISTRATOR JAMORA TO DIRECTOR JAIME NARANJO, DIRECTOR IV, COA


© 2007 Local Water Utilities Administration, MWSS-LWUA Complex, Katipunan Road, Balara, Quezon City, Philippines
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