How outdated are government valuations?

In the last three (3) years, 60 percent of Revenue District Offices (RDOs) under BIR have updated their Zonal Values. On the other hand, 36 percent of LGUs (mainly provinces and cities) have updated SMVs.  

 

SMV Number of LGUs
Provinces Cities
Outdated 48 97
Updated 33 49
TOTAL 81 145

*including the lone municipality in Metro Manila
Source: Bureau of Local Government Finance | March 2019

 

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