Categories: Local News / Business

Navotas City Names AboitizPower-Therma Mobile Top Real Property Taxpayer for 9th Straight Year

Navotas City Names AboitizPower-Therma Mobile Top Real Property Taxpayer for 9th Straight Year

Navotas City recognizes AboitizPower’s Therma Mobile as the top real property taxpayer for nine straight years

In a clear sign of robust local revenue health, the Navotas City government has once again named Therma Mobile, Inc., a subsidiary of Aboitiz Power Corporation (AboitizPower), as the leading taxpayer for real property tax. This marks the ninth consecutive year that the company has topped the list, underscoring its longstanding role in supporting municipal services and development projects within the city.

What this means for Navotas’ fiscal stability

Real property tax is a critical revenue stream for local governments, funding essential services such as public safety, road maintenance, health facilities, and education programs. By consistently contributing the highest real property tax, Therma Mobile is contributing to the city’s capacity to plan long-term infrastructure improvements and social services. The annual recognition also highlights the importance of a predictable tax base for Navotas as it pursues capital-intensive projects that can attract investment and uplift local communities.

Who is Therma Mobile and why this matters

Therma Mobile, Inc. operates as a subsidiary of Aboitiz Power Corporation, a major energy company in the Philippines. The company’s business activities involve assets and facilities that generate value for the city’s property tax base. While tax rankings can fluctuate, Therma Mobile’s continued position at the top demonstrates a sustained level of property holdings and investments within Navotas. AboitizPower’s broader portfolio includes power generation, distribution, and related services that support regional energy needs while contributing to municipal revenues via real property tax assessments.

Impact on local programs and future opportunities

Local officials emphasize that consistent tax contributions enable Navotas to fund crucial programs, including flood control, clean water projects, and community facilities. When the top taxpayers remain stable, the city can plan with greater certainty, potentially speeding up infrastructure upgrades and service delivery. For residents, this can translate into improved public amenities, safer neighborhoods, and better-supported schools and clinics.

Looking ahead: balance between business, growth, and community welfare

As Navotas continues to attract investments and expand its urban footprint, the relationship between taxpayers like Therma Mobile and local government becomes increasingly important. City officials typically balance incentives for business growth with transparent, fair taxation that supports social programs. The ninth straight year of top-status for Therma Mobile reinforces the city’s confidence in its revenue framework and its ongoing commitment to accountable governance.

What residents can expect

Residents should anticipate continued investment in essential services and infrastructure. With reliable real property tax collections, Navotas can maintain and upgrade road networks, healthcare facilities, and public safety resources while pursuing development initiatives that create jobs and economic opportunity for the city’s residents.