20/05/2026
๐ต The latest Statement of Receipts and Expenditures report from the Bureau of Local Government Finance (BLGF) showed that Mindanao's major cities continued to improve their locally sourced income in 2025. The report, generated through the LGU Integrated Financial Tools (LIFT) System under the Department of Finance, measures the financial performance of local government units (LGUs).
Davao City remained the top-performing city in Mindanao with Php 7.232 billion in locally sourced income, followed by Cagayan de Oro City with Php 3.696 billion. General Santos City maintained its strong hold at third place, collecting Php 1.327 billion in 2025, higher than its Php 1.288 billion collection in 2024.
One notable change in the rankings was Butuan City climbing to fourth place with Php 1.297 billion, surpassing Zamboanga City, which recorded Php 1.220 billion.
The consistent performance of the Top 3 cities highlights their growing local economies, expanding business activities, and stronger revenue generation from taxes, permits, and local enterprises.
General Santos City's continued growth reflects its rising role as one of Mindanao's major economic centers. Increased local income gives the city more capacity to improve public services, infrastructure, tourism, and investment programs that can create more jobs and business opportunities for residents.
Meanwhile, GenSan's nearby Koronadal City entered the Top 10 in 2025 with Php 436 million in locally sourced income, showing the growing economic activity in South Cotabato. Other cities also reached billionaire status for the first time, including Tagum City and Iligan City, both surpassing the Php 1 billion mark.
The strong performance of many Mindanao cities signals broader regional economic growth. As LGUs generate more local income, they become less dependent on national funding and gain greater ability to invest in development projects, public facilities, and local economic programs that directly benefit communities.
