Bohol quarry sector nets P25-M revenue from Jan-July

By J. Jala | 06:17 PM August 27, 2023

The quarry sector in Bohol province is back on track, generating P25 million in revenues from January to July.

The improved collection of taxes and fees for Bohol’s sand and gravel helped place the province with increased locally sourced revenues (LSR), records showed.

The Bohol Mineral Resources Regulation Office (BMinRRO) during the Provincial Mining Regulatory Board (PMRB) technical working group meeting said the provincial government of Bohol gave updates on revenue generated from sand and gravel quarry operations this year, with P25,601,351.40 collected from January to July.

On October 20, operators, contractors, and mineral traders will have a forum to discuss pressing issues in the quarry and small-scale mining sector in the province.

The revenues consisted of quarry collections, weighing scale fees, sand and gravel permit, accreditation of motor vehicles and heavy equipment, and fines and penalties.

Quarry tax is distributed at a 40-30-30 scheme to the barangays, towns or cities, and provincial government as required by the Local Government Code of 1991.

There were 52 violators apprehended. The provincial Capitol has facilitated and approved quarry permits for compliant operators without delay.

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