Friday, 6 December 2024

Ozamiz City Rises to 2nd Class: A Major Milestone Under Mayor Indy Oaminal's Leadership

Ozamiz City | via Bhal Cabrera | December 6, 2024

Ozamiz City has officially been elevated from 3rd Class to 2nd Class status, marking a historic achievement. The announcement was shared through Mayor Indy Oaminal's official social media account, highlighting the city's improved annual income based on Republic Act No. 11964, also known as the Automatic Income Classification of Local Government Units (LGUs) Act.

The Department of Finance (DOF) credited this upgrade to the city's excellent financial management, effective governance, and strong cooperation among local officials and employees. This milestone reflects the hard work of Ozamiz residents and the unity of the local government, proving that proper fiscal discipline and economic development lead to progress.

What the 2nd Class Status Means for Ozamiz City:

  1. Increased funding for infrastructure and public services.
  2. More opportunities for businesses and industries to grow.
  3. Greater capacity to provide programs for education, health, and livelihoods.

This achievement shows a significant rise in the city's average annual income over the past three years, driven by local taxes, services, and national revenue shares as outlined by DOF guidelines.

Benefits for the People of Ozamiz:

  • Better public services.
  • Stronger support for local businesses through improved economic programs.
  • Attraction of investors, creating jobs and livelihood opportunities.

The Padayon Asenso Ozamiz administration celebrates this success, emphasizing that the reclassification isn’t just about numbers—it’s a real change for every Ozamiz resident. The local government commits to using these additional resources responsibly and transparently to continue driving progress and prosperity.

This 2nd Class status marks a new chapter in Ozamiz City’s history, uniting residents in support of the city's programs.

Padayon Asenso Ozamiz!

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