ANTIQUE – This province has been officially reclassified as a first class province through Department Order No. 074, 2024 of the Department of Finance (DOF).
The order signed by DOF Secretary Ralph G. Recto will take effect on January 1, 2025.
Gov. Rhodora J. Cadiao said this new classification reflects how Antique’s brand of governance is going in the right path to progress.
Income reclassification is based on the average annual regular income for three fiscal years.
First class provinces have an average annual regular income of P1,500,000,000 or more.
Moreover, 14 towns in are also facing upgrades in income classification.
The towns of Culasi and San Remigio are taking the leap from third-class to first-class municipalities, while Sibalom rose from second-class to first-class.
In total, Antique will have five first-class municipalities by next year, with the inclusion of Caluya and San Jose de Buenavista.
Here is the list of other towns facing reclassification:
* Barbaza – fourth-class to third-class
* Bugasong – third-class to second-class
* Hamtic – third-class to second-class
* Laua-an – fourth-class to third-class
* Libertad – fifth-class to fourth-class
* Pandan – fourth-class to second-class
* Patnongon – third-class to second-class
* Sebaste – fourth-class to third-class
* Tibiao – third-class to second-class
* Tobias Fornier – fourth-class to third-class
* Valderrama – third-class to second-class
The aforementioned order stated that the income classification of provinces, cities, and municipalities shall be classified into five classes, according to their income ranges and on the basis of the average annual regular income for three fiscal years preceding a general income reclassification.
Municipalities are classified based on the following income ranges:
* first-class – P200,000,000 or more
* second-class – P160,000,000) but less than P200,000,000
* third-class – P130,000,000 or more, but less than P160,000,000
* fourth-class –P90,000,000) or more, but less than P130,000,000
* fifth class – less than P90,000,000/PN
