13/05/2026
๐๐ ๐๐๐๐๐๐ | ๐๐ฎ๐๐ฅ๐ข๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ ๐๐ซ๐จ๐ฉ๐จ๐ฌ๐๐ ๐๐๐ก๐๐๐ฎ๐ฅ๐ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฅ๐ฎ๐๐ฌ (๐๐๐) pursuant to Republic Act No. 12001 or the Real Property Valuation and Assessment Reform Act (RPVARA), held yesterday, May 12, 2026, at the Barangay Plaza of F. Magallanes, City of Masbate.
This undertaking forms part of the continuing implementation of RPVARA, which aims to establish a more updated, uniform, and market-responsive system of real property valuation across the country. Through this public consultation, stakeholders were given the opportunity to better understand the proposed 2027 Schedule of Market Values (SMV), share insights, raise concerns, and participate in discussions that directly affect their communities.
The conduct of this consultation reflects the commitment of the ๐๐ซ๐จ๐ฏ๐ข๐ง๐๐ข๐๐ฅ ๐๐ฌ๐ฌ๐๐ฌ๐ฌ๐จ๐ซโ๐ฌ ๐๐๐๐ข๐๐ - ๐๐๐ฌ๐๐๐ญ๐ to transparency, accountability, and participatory governance in the preparation of the proposed 2027 SMV for the Province of Masbate.
The Provincial Assessorโs Office expresses its sincere gratitude to the Local Chief Executives, Sangguniang Bayan Members, barangay officials, representatives from the Bureau of Internal Revenue (BIR), other national government agencies, real property owners, stakeholders, and all participants for their active participation and valuable contributions.
We are especially honored by the presence and support of BLGF Regional Office V, led by ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ข๐ซ๐๐๐ญ๐จ๐ซ ๐๐๐ฌ๐ฌ๐ข๐ ๐. ๐๐จ๐๐ญ๐จ๐ฅ๐๐ซ๐จ, together with ๐๐ซ. ๐๐ข๐ง๐๐๐ง๐ญ ๐. ๐๐๐ง๐๐ก๐๐ณ, Chief-Assessment, ๐๐ซ. ๐๐ฎ๐ฅ๐๐ฌ๐ญ๐ข๐๐ง๐จ ๐. ๐๐ฎ๐ฅ๐ฅ๐๐ง๐จ ๐๐ซ., AA III, and ๐๐ซ. ๐๐๐ซ๐ข๐ฅ ๐. ๐๐๐ง๐๐ ๐๐ฌ๐, AA V. Their guidance and support greatly strengthened this undertaking and reaffirmed the shared commitment toward equitable and responsive real property valuation reforms.
The valuable inputs and continued cooperation of all participants help ensure a fair and responsive valuation system that will contribute to stronger local governance, improved public services, and sustainable development for the people of Masbate.