In 2018, the annual regular income of the municipality rose to Php 313,236,946.86 from Php 291,216,370.43 in 2017 based on the FYs 2009-2018 (Preliminary) data from The Bureau of Local Government Finance, Department of Finance. An increase of 22,020,576.43 or 7.56%.
The municipality has allocated a total of Php 384,890,000.001 for economic development which includes operationalization of Economic Enterprise, construction of the business center, acquisition of economic sites, the establishment of food processing site, slaughterhouse, microtel, and cottages for tourists.
Infrastructure
Based on the municipality’s 2020-2022 Local Development Investment Program (LDIP), a total of Php 6,946,166,000.001 is allocated to infrastructure development supported by different national government agencies like the Department of Public Works and Highways (DPWH) and The Department of Agriculture.
Roads, Bridges, Facilities, and Utilities
Some infrastructures built in the municipality are roads with a total length of 423 kilometers1, 24 units of bridges made from different materials, a communal irrigation system, 2 diversion dams 21 pump irrigation, drainage, and flood control signage in barangay Poblacion are under construction, and administrative buildings or public infrastructures with an estimated of 40% that are not disaster-resilient as mentioned in the updated CDP (2017-2022) of the municipality.
Transport and Utilities Land transportation terminals do not exist yet in the municipality. The buses of the three bus companies (AC, Inc. With 4 units, Bachelor Express with 3 units, and Metro Shuttle, Inc. With 5 units1) operating in the municipality, vans and other public vehicles park on the designated sides of the street or wherever the passengers want to ride or stop.
In 2018, the municipality recorded a total of 91 tricycles operating within the urban area of the Municipality and 20 Piaggio (a three-wheeled motor vehicle) bound to the Municipality of Trento (vise versa).