Terminal earns P1.2M

• Source: http://www.sunstar.com.ph/cebu/local-news/2017/03/16/terminal-earns-p12m-531469
• Thursday, March 16, 2017

By Razel V. Cuizon

IN just four months, the Cebu City Government collected more than P1 million in fees in operating the vans-for-hire (V-hire) terminal in Barangay Kamagayan.

According to the City Treasury Office’s (CTO) report to Mayor Tomas Osmeña, City Hall earned at least P1.2 million in miscellaneous fees.

Since the City moved the terminal to the lot where the Citi Center Commercial Complex used to stand last November, CTO was able to collect a total of P610,070 fees. This is on top of the P650,105 collected for the past two months.

The terminal houses around 150 V-hires plying southern Cebu.

Osmeña said that the revenues justify his decision to allow the operation of the terminal, despite the questions raised by Councilor Pastor Alcover Jr.

Acting on Alcover’s privilege motion, the City Council asked the Office of the Mayor to stop the “illegal” operation of the terminal, saying the residents and the barangay were not consulted about it. “I’m in favor of it. Why? Because the people like it,” Osmeña said in his news conference last Wednesday.