Cities were ranked based on LSR based on nominal terms, the ratio of LSR to total current operating income, the annual growth of LSR, and total operational expenses.
According to the BLGF, LSR comprises revenues from taxes such as real property tax, business tax, and other levied taxes; and non-tax revenues like regulatory fees, service or user charges, receipts from economic enterprises, and other receipts.
Taguig was listed among the top 10 cities in the Philippines based on LSR in 2022, with earnings of PHP 12.22 billion. Here's the complete list:
1. Quezon City - PHP 21.07 billion
2. Makati - PHP 15.36 billion
3. Taguig - PHP 12.22 billion
4. Pasig - PHP 11.51 billion
5. Manila - PHP 11.39 billion
6. Paranaque - PHP 6.73 billion
7. Davao City - PHP 6 billion
8. Pasay - PHP 5.99 billion
9. Mandaluyong - PHP 4.8 billion
10. Muntinlupa - PHP 4.09 billion
In 2023, Taguig once again ranked third among the top 10 cities in the country based on LSR after recording earnings of PHP 13.54 billion. Here's the complete list:
1. Quezon City - PHP 27.4 billion
2. Makati - PHP 19.35 billion
3. Taguig - PHP 13.54 billion
4. Pasig - PHP 13.13 billion
5. Manila - PHP 12.42 billion
6. Paranaque - PHP 7.9 billion
7. Pasay - PHP 7.34 billion
8. Davao City - PHP 6.67 billion
9. Mandaluyong - PHP 5.75 billion
10. Cebu City - PHP 4.69 billion
