Cagayan de Oro City generated P3.26 billion in total revenues last year based on the 2017 Annual Financial Report as published by the Commission on Audit (COA).
The city ranked 2nd behind Davao among all cities in Mindanao. Revenues come from internal revenue allotment (IRA) local taxes and national taxes, service and business income, shares, grants and donations. Here’s Mindanao’s top 10 below.
Here are the rest of Mindanao’s cities.
Meanwhile, in terms of total assets, Cagayan de Oro reported P9.9 billion for 2017. See Mindanao’s top 10 below.
In equity, the city ranked 3rd with P6.94 billion. Mindanao’s top 10 are listed below.