Daily Tribune‘Despite big challenges, Makati’s financial standing remains strong; our business tax revenue in 2023, which exceeded our target by 31.74 percent, is solid proof of our local economy’s resilience. This financial strength enables us to plan for the future with confidence’
‘Our approved P19.7-billion budget for 2024 is a clear indication of our commitment to progress and resilience,’ said Makati City Mayor Abby Binay. Major projects to be funded by the city's budget this year include a new Makati Life Medical Center, a new state-of-the-art Fire and Police Station, the Makati Columbarium, and a fleet of electric vehicles to promote eco-friendly transport and the city's sustainability goals.
Photographs by joey sanchez mendoza for the daily tribune @tribunephl_joey Makati Mayor Abby Binay, who was guest of honor and speaker during the joint meeting of the Rotary Clubs of Makati, Makati Central, Makati North and Makati West weekly at the Peninsula Manila last Tuesday, 9 January 2024, shares a light moment with RC Makati president Bing Matoto and Rotary Club of Makati North Dennis Pe.
Makati City Mayor Abby Binay proudly disclosed that the approved budget of the city government for 2024 is P19.7 billion despite major challenges encountered by the local government unit in the past year.
This was relayed by the mayor during a recent joint meeting of the Rotary Clubs of Makati, Makati Central, Makati North last 9 January 2024 at the Peninsula Manila where she also said the challenges encountered by the city have not affected the financial standing of Makati.
“Despite the challenges, Makati’s financial standing remains strong. Our impressive business tax revenue in 2023, which exceeded our target by 31.74 percent, is solid proof of our local economy’s resilience. This financial strength enables us to plan for the future with confidence. Our approved P19.7-billion budget for 2024 is a clear indication of our commitment to progress and resilience,” Binay said.
10 EMBOS lost
To recall, Makati lost 10 enlisted men’s barrios or EMBOs when the Supreme Court ruled that they belong to Taguig City. EMBO refers to a term regarding the 10 barangays originally established within the jurisdiction of Makati to house Armed Forces of the Philippines personnel.
The long-drawn legal battle on the disputed EMBOs has affected at least 300,000 residents in who have virtually been pampered by the administration of Binay with services on all fronts.
Binay said the political shift resulting from the departure of ten barangays presented significant challenges, impacting approximately 300,000 citizens.
“However, we have not passively accepted this change. We are actively working to support those affected, ensuring they remain an integral part of our Makati family. We are committed to rebuilding and strengthening community ties, fostering an environment of inclusivity and value for every resident, regardless of their district,” pledged Binay.
Groundbreaking projects
The lady mayor said that in 2024 she anticipates groundbreaking projects that will redefine the cityscape, disclosing that the new Makati Life Medical Center will be fully operational in the first half of 2024, enhancing medical facilities and services across the city.
The city government will also launch the Makati Columbarium, providing a dignified resting place for the city’s departed loved ones.
To ensure the safety and well-being of residents, a new state-of-the-art Fire and Police Station will soon open, equipped with the latest technology and resources to enhance the city’s emergency response capabilities.
“We are also initiating the purchase of electric vehicles for our city’s fleet, promoting eco-friendly transportation and contributing to our sustainability goals. These are the highlights of our programs and services for the first half of the year alone,” said Binay, to much applause from Rotarians.
