Government cash, debt and taxes

Where the money actually came from and went in January–September 2026: the National Government's cash revenues, spending, borrowing and debt payments from the Bureau of the Treasury, and taxes collected by the BIR in every region, province and city. Each figure links to the official file.

Revenues

₱3.53 trillion

January–September 2026

Spending

₱4.84 trillion

January–September 2026

Deficit

−₱1.30 trillion

January–September 2026

Sent to LGUs (allotment)

₱1.05 trillion

January–September 2026

Interest paid

₱772.05 billion

January–September 2026

Debt service (interest + principal)

₱1.65 trillion

January–September 2026

Budget versus cash

The FY2026 budget made ₱7.43 trillion available to agencies (DBM COMPASS, as of Q2). The Treasury paid out ₱4.84 trillion in cash in January–September 2026, including ₱772.05 billion in interest and ₱1.05 trillion in local government allotments. See obligations and disbursements by agency.

COMPASS counts disbursements by agency against appropriations. The Cash Operations Report counts actual cash leaving the Treasury, including interest. Their coverage and timing are different, so the two figures are not expected to match.

Cash operations, January–September 2026

Preliminary. Source: Bureau of the Treasury, Cash Operations Report, CY 2026 (Jan-Sep), summary, last update: 22Oct2026.
₱ million	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Total
Revenues	468,851	361,331	305,088	536,845	401,745	314,456	482,293	346,005	318,209	3,534,823
Tax Revenues	442,820	249,791	276,539	511,012	362,315	299,326	452,685	332,297	298,092	3,224,877
BIR	358,671	173,235	187,259	422,243	279,134	210,693	358,439	248,360	203,420	2,441,454
Documentary Stamp	0	1,894	0	3,237	0	4,948	5,201	3,425	1,987	20,692
Tax Expenditures	0	0	26	6	38	2,583	135	6	812	3,606
BOC	80,941	73,687	84,780	86,293	79,974	86,188	91,551	80,652	92,132	756,198
Tax Expenditures	0	27	394	85	3,080	492	1,000	19	132	5,229
Other Offices	3,208	2,869	4,500	2,476	3,207	2,445	2,695	3,285	2,540	27,225
Non-tax Revenues	26,031	111,540	28,549	25,833	39,430	15,130	29,608	13,708	20,117	309,946
BTr Income	13,671	95,388	20,921	12,865	33,209	6,676	18,777	5,450	8,211	215,168
Fees and Charges*	4,509	3,115	3,705	5,348	3,430	4,756	4,044	2,801	5,432	37,140
Privatization	20	11	33	645	9	10	918	128	14	1,788
Income from Malampaya	4	440	70	543	345	319	454	211	27	2,413
Other non-tax*	7,827	12,553	3,335	6,422	2,433	3,369	5,382	5,072	5,806	52,199
Grants	0	33	485	10	4	0	33	46	627	1,238
Expenditures	303,477	532,533	654,750	505,409	600,212	578,749	588,556	507,257	567,104	4,838,047
Allotment to LGUs	0	225,219	152,836	110,944	115,994	111,737	115,307	112,474	108,573	1,053,084
Interest Payments	127,817	48,931	96,383	63,525	84,603	62,431	137,175	65,617	85,572	772,054
Tax Expenditures	0	1,921	420	3,328	3,118	8,023	6,336	3,450	2,931	29,527
Subsidy	3,357	5,334	18,152	66,283	10,388	16,562	6,764	64,947	6,132	197,919
Equity	0	0	0	971	94	263	54	256	0	1,638
Net Lending	0	0	537	145	37	455	0	0	360	1,534
NG Disbursements	172,303	251,128	386,422	260,213	385,978	379,278	322,920	260,513	363,536	2,782,291
Surplus/(-)Deficit	165,374	-171,202	-349,662	31,436	-198,467	-264,293	-106,263	-161,252	-248,895	-1,303,224
Financing	398,381	97,052	43,954	-121,175	95,451	564,781	288,559	130,767	17,557	1,515,327
External (Net)	190,378	7,319	-2,676	181	15,163	222,342	17,373	2,842	9,925	462,847
External (Gross)	192,134	10,521	69,905	7,909	27,743	236,590	20,054	13,341	21,845	600,042
Less: Amortization	1,756	3,202	72,581	7,728	12,580	14,248	2,681	10,499	11,920	137,195
Domestic (Net)	208,003	89,733	46,630	-121,356	80,288	342,439	271,186	127,925	7,632	1,052,480
Domestic (Gross)	216,099	468,244	46,758	122,276	80,288	342,979	271,321	127,925	117,604	1,793,494
Less: Amortization**	8,096	378,511	128	243,632	0	540	135	0	109,972	741,014
Budgetary Change-In-Cash	563,755	-74,150	-305,708	-89,739	-103,016	300,488	182,296	-30,485	-231,338	212,104

Financing is new borrowing minus principal repaid. Source file: COR_Summary_Sep-2026.xlsx from the BTr Cash Operations Report page.

Debt service, January–September 2026

Interest and principal paid on National Government debt. Source: BTr, National Government debt service, CY 2026 (Jan-Sep), last update: 22Oct2026.
₱ million	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Total
I. Interest Payments	127,817	48,931	96,383	63,525	84,603	62,431	137,175	65,617	85,572	772,054
Domestic	94,603	37,081	79,707	42,894	66,512	39,922	98,847	56,124	69,045	584,735
NG	94,603	37,081	79,707	42,894	66,512	39,922	98,847	56,124	69,045	584,735
Treasury Bills	3,683	4,634	4,410	4,360	3,742	4,321	4,910	5,839	5,254	41,153
Fixed Rate Treasury Bonds	85,400	19,784	47,035	33,111	41,679	15,155	88,487	29,194	44,671	404,516
Retail Treasury Bonds	3,575	11,952	28,233	3,557	21,091	19,094	3,557	21,091	19,094	131,244
Others	1,945	711	29	1,866	0	1,352	1,893	0	26	7,822
External	33,214	11,850	16,676	20,631	18,091	22,509	38,328	9,493	16,527	187,319
NG	33,214	11,850	16,676	20,631	18,091	22,509	38,328	9,493	16,527	187,319
II. Amortization	9,852	381,713	72,709	251,360	12,580	14,788	2,816	10,499	121,892	878,209
Domestic *	8,096	378,511	128	243,632	0	540	135	0	109,972	741,014
External	1,756	3,202	72,581	7,728	12,580	14,248	2,681	10,499	11,920	137,195
Total debt service	137,669	430,644	169,092	314,885	97,183	77,219	139,991	76,116	207,464	1,650,263

Source file: COR_Debt-Service_Sep-2026.xlsx. Bureau of the Treasury contracts.

BIR collections by region, province and city

Tentative figures for January-August 2026. These are national taxes collected by BIR offices in each place, including from companies headquartered there. They are not the local government's own income. Where BIR reports two places in one row, both link to the same figure. BIR contracts

Cross-check against Treasury

BIR net collections, January–August 2026: ₱2.24 trillion. Treasury Cash Operations Report, BIR line, January–August: ₱2.24 trillion. Difference: −₱0.6 million (rounding). Every region total equals the sum of its rows.

National Capital Region (NCR)₱1.77 trillion

City of Caloocan	₱5.96 billion
City of Las Piñas	₱4.95 billion
City of Makati	₱108.83 billion
City of Malabon	₱3.77 billion
City of Navotas	with City of Malabon
City of Mandaluyong	₱31.02 billion
City of Manila	₱43.42 billion
City of Marikina Coverage note Includes collections from the municipalities of San Mateo, Antipolo, Rodriguez and Teresa in Rizal	₱10.22 billion
City of Muntinlupa	₱13.54 billion
City of Parañaque	₱17.29 billion
Pasay City	₱30.56 billion
City of Pasig	₱49.56 billion
Quezon City	₱91.72 billion
City of San Juan	₱7.85 billion
City of Taguig	₱82.07 billion
Pateros	with City of Taguig
City of Valenzuela	₱5.20 billion
Large Taxpayers Service · large-taxpayer office, not a place Coverage note Consists of the country’s largest corporate clients, which are mostly multinationals and publicly-listed companies under NCR	₱1.27 trillion

Cordillera Administrative Region (CAR)₱6.94 billion

Abra	₱603.3 million
Apayao	₱993.6 million
Kalinga	with Apayao
Benguet	₱1.14 billion
Ifugao	₱369.6 million
Mountain Province	₱462.7 million
City of Baguio	₱3.37 billion

Region I (Ilocos Region)₱16.09 billion

Ilocos Norte	₱2.21 billion
Ilocos Sur	₱2.36 billion
La Union	₱3.47 billion
Pangasinan	₱8.05 billion

Region II (Cagayan Valley)₱10.63 billion

Batanes	₱4.15 billion
Cagayan	with Batanes
Isabela	₱4.72 billion
Nueva Vizcaya	₱1.30 billion
Quirino	₱464.4 million

Region III (Central Luzon)₱62.11 billion

Aurora	₱525.3 million
Bataan	₱4.12 billion
Bulacan	₱14.87 billion
Nueva Ecija	₱6.14 billion
Pampanga Coverage note Includes collections from CFEZ, City of San Fernando and 16 out of the 19 municipalities in Pampanga (Apalit, Bacolor, Candaba, Floridablanca, Guagua, Lubao, Macabebe, Masantol, Mexico, Minalin, San Luis, San Simon, Sasmuan, Santa Ana, Santa Rita and Sto. Tomas)	₱14.48 billion
Tarlac	₱4.64 billion
Zambales Coverage note Collections from Subic Bay Freeport Zone only	₱2.88 billion
City of Angeles Coverage note Also includes collections from Mabalacat City and 3 municipalities in Pampanga (Arayat, Magalang and Porac)	₱11.95 billion
City of Olongapo Coverage note Also includes collections from all municipalities in Zambales	₱2.51 billion

Region IV-A (CALABARZON)₱86.53 billion

Batangas	₱17.30 billion
Cavite	₱25.26 billion
Laguna	₱30.67 billion
Quezon Coverage note Includes collections from the 22 out of the 39 municipalities in Quezon (Agdangan, Alabat, Atimonan, Buenavista, Calauag, Catanauan, General Luna, Guinayangan, Gumaca, Lopez, Macalelon, Mulanay, Padre Burgos, Perez, Pitogo, Plaridel, Quezon, San Andres, San Francisco, San Narciso, Tagkawayan and Unisan)	₱977.6 million
Rizal Coverage note Includes collections from the municipalities of Angono, Baras, Binangonan, Cainta, Cardona, Jala-Jala, Morong, Pililla, Tanay and Taytay in Rizal	₱7.25 billion
City of Lucena Coverage note Also includes collections from 1 city and 17 municipalities in Quezon (City of Tayabas, Burdeos, Candelaria, Dolores, General Nakar, Infanta, Jomalig, Lucban, Mauban, Pagbilao, Panukulan, Patnanungan, Polillo, Real, Sampaloc, San Antonio, Sariaya, Tiaong)	₱5.08 billion

MIMAROPA Region₱7.52 billion

Marinduque	₱372.0 million
Occidental Mindoro	₱768.6 million
Oriental Mindoro	₱2.12 billion
Palawan	₱3.71 billion
City of Puerto Princesa	with Palawan
Romblon	₱543.9 million

Region V (Bicol Region)₱13.81 billion

Albay	₱4.71 billion
Camarines Norte	₱1.08 billion
Camarines Sur	₱4.68 billion
Catanduanes	₱810.8 million
Masbate	₱1.10 billion
Sorsogon	₱1.41 billion

Region VI (Western Visayas)₱14.09 billion

Aklan	₱2.15 billion
Antique	₱815.6 million
Capiz	₱1.47 billion
Iloilo Coverage note Includes collections from 1 city and 27 municipalities in Iloilo (City of Passi , Ajuy, Anilao, Badiangan, Balasan, Banate, Barotac Nuevo, Barotac Viejo, Batad, Bingawan, Calinog, Carles, Concepcion, Dingle, Dueñas, Dumangas, Estancia, Janiuay, Lambunao, Lemery, Mina, New Lucena, Pototan, San Dionisio, San Enrique, San Rafael, Sara, Zarraga)	₱1.40 billion
City of Iloilo Coverage note Also includes collections from the 15 municipalities in Iloilo (Alimodian, Cabatuan, Guimbal, Igbaras, Leganes, Leon, Maasin, Miagao, Oton, Pavia, San Joaquin, San Miguel, Santa Barbara, Tigbauan and Tubungan)	₱8.26 billion
Guimaras	with City of Iloilo

Negros Island Region (NIR)₱12.31 billion

Negros Occidental	₱8.86 billion
City of Bacolod	with Negros Occidental
Negros Oriental	₱3.44 billion
Siquijor	with Negros Oriental

Region VII (Central Visayas)₱72.03 billion

Bohol	₱3.43 billion
Cebu	₱15.93 billion
City of Lapu-Lapu	with Cebu
City of Mandaue	with Cebu
City of Cebu	₱17.24 billion
LTD Cebu · large-taxpayer office, not a place Coverage note Consists of the largest corporate clients, which are mostly multinationals and publicly-listed companies under the province of Cebu	₱35.44 billion

Region VIII (Eastern Visayas)₱10.35 billion

Biliran	₱4.12 billion
City of Tacloban Coverage note Also includes collection from the 24 out of the 40 municipalities in Leyte (Abuyog, Alangalang, Babatngon, Barugo, Burauen, Capoocan, Carigara, Dagami, Dulag, Jaro, Javier, Julita, La Paz, Macarthur, Mahaplag, Mayorga, Palo, Pastrana, San Miguel, Santa Fe, Tabontabon, Tanauan, Tolosa, Tunga, Almeria, Biliran, Cabucgayan, Caibiran, Culaba, Kawayan, Maripipi and Naval)	with Biliran
Eastern Samar	₱963.9 million
Leyte Coverage note Includes collection from the 2 cities and 16 municipalities in Leyte (City of Baybay, Ormoc City Albuera, Bato, Calubian, Hilongos, Hindang, Inopacan, Isabel, Kananga, Leyte, Matag-Ob Matalom, Merida, Palompon, San Isidro, Tabango and Villaba)	₱2.32 billion
Northern Samar	₱952.2 million
Samar	₱1.21 billion
Southern Leyte	₱781.0 million

Region IX (Zamboanga Peninsula)₱7.97 billion

Sulu	₱290.2 million
Zamboanga del Norte	₱2.14 billion
Zamboanga del Sur	₱1.64 billion
Zamboanga Sibugay	₱706.4 million
City of Zamboanga	₱3.19 billion

Region X (Northern Mindanao)₱13.80 billion

Bukidnon	₱2.67 billion
Misamis Oriental Coverage note Includes collection from the City of Gingoog and 11 out of the 23 municipalities in Misamis Oriental (Balingoan, Balingasag, Claveria, Binuangan, Kinoguitan, Lagonglong, Magsaysay, Medina, Salay, Sugbongcogon and Talisayan)	₱805.5 million
Camiguin	with Misamis Oriental
City of Cagayan de Oro Coverage note Also includes collections from the City of El Salvador and 12 municipalities in Misamis Oriental ( Alubijid, Gitagum, Initao, Jasaan, Laguindingan, Libertad, Lugait, Manticao, Naawan Opol, Tagoloan and Villanueva)	₱7.08 billion
Lanao del Norte	₱1.74 billion
City of Iligan	with Lanao del Norte
Misamis Occidental	₱1.50 billion

Region XI (Davao Region)₱40.82 billion

Davao de Oro	₱3.64 billion
Davao del Norte	with Davao de Oro
Davao del Sur	₱1.53 billion
Davao Occidental	with Davao del Sur
Davao Oriental	₱890.3 million
City of Davao	₱11.91 billion
LTD Davao · large-taxpayer office, not a place Coverage note Consists of the largest corporate clients, which are mostly multinationals and publicly-listed companies situated in Region XI (Davao Region)	₱22.85 billion

Region XII (SOCCSKSARGEN)₱9.22 billion

Cotabato	₱1.85 billion
South Cotabato	₱2.57 billion
Sultan Kudarat	₱1.14 billion
City of General Santos	₱3.67 billion
Sarangani	with City of General Santos

Region XIII (Caraga)₱7.72 billion

Agusan del Norte	₱3.05 billion
City of Butuan	with Agusan del Norte
Agusan del Sur	₱1.24 billion
Dinagat Islands	₱1.88 billion
Surigao del Norte	with Dinagat Islands
Surigao del Sur	₱1.55 billion

Bangsamoro Autonomous Region in Muslim Mindanao (BARMM)₱4.29 billion

Basilan	₱314.8 million
City of Isabela	with Basilan
Lanao del Sur	₱957.0 million
Maguindanao del Norte	₱2.79 billion
Maguindanao del Sur	with Maguindanao del Norte
Tawi-tawi	₱236.1 million
Special Geographic Area Coverage note Isabela City is administratively under the Zamboanga Peninsula Region; geographically located in the province of Basilan	not reported

Total BIR Operations	₱2.17 trillion
Total Non-BIR Operations	₱93.49 billion
Others	₱117.0 million
Total Gross Collection	₱2.26 trillion
Tax Refund	−₱23.67 billion
Total Collection - Net of Tax Refund	₱2.24 trillion

Not linked to an LGU page: Special Geographic Area. BIR lists it with no figure, and our PSGC list has no matching LGU, so we do not guess.

Source: BIR Revenue Accounting Division, Tentative internal revenue collections by region and province, January-August 2026 (Date received: September 14, 2026), from the BIR collection statistics page. Rows BIR leaves blank are linked to the row that carries their figure using the combined names BIR itself uses in its 2005–2024 series (for example “Cities of Malabon and Navotas”).