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By Perfecto T. Raymundo, Jr.
QUEZON CITY — The Land Transportation Office (LTO) is on the right track in meeting its revenue collection target for the year 2025.The LTO’s 2025 revenue collection target was set at P34 billion and as of July 31 this year, collated data from various regional offices revealed that revenue collection target was already at P19,738,874,899.06
LTO Chief Assistant Secretary Atty. Vigor D. Mendoza II said that the positive collection efforts have been a result of the implementation of strategic measures in line with the instruction of President Ferdinand “Bongbong” R. Marcos, Jr. for efficient government operations.
Asec Mendoza raised last year the collection target of the LTO to P34 billion due to positive revenue collection in 2023 and 2024.
“Tinaasan namin ang target dahil sa assessment namin ay kaya naman. Ang kailangan lang ay agresibo at maayos na mga pamamaraan para maabot ito dahil kapag malaki ang na-remit natin sa national government, malaking tulong din ito sa mga programa at proyekto para sa ating mga kababayang mahihirap,” Mendoza said.
“This early, I would like to express my gratitude to all LTO personnel for all your efforts. Malaki-laki pa ang kailangang makolekta pero tiwala ako na kakayanin natin yan, gaya ng noong nakalipas na dalawang taon,” he added.
Based on the LTO data, almost all regions have already collected more than half of their 2025 revenue target—some even breached the 60% mark.
With five months left, Mendoza expressed confidence that the remaining 42%, or around P14 billion, will be reached on or before the end of 2025.
The revenue collections came from motor vehicle registration and renewal, driver’s license application and renewal and other LTO-related transactions. ###