The Provincial Government of Dinagat Islands, through the Provincial Assessor’s Office spearheaded by Engr. Jopher S. Tarre, has officially conducted the posting of the Proposed Schedule of Market Values (SMV) across all component municipalities in the province. This initiative covers the seven (7) municipalities, ensuring that all real properties within their respective jurisdictions are properly reflected under an updated and standardized valuation system. In compliance with Republic Act No. 12001 or the Real Property Valuation and Assessment Reform Act (RPVARA), the SMV has been posted in conspicuous public places, including the Provincial Capitol, Municipal Halls and official government platforms, for a prescribed period to allow property owners and stakeholders to review and provide feedback. The updated SMV reflects current market conditions and includes revised unit market values for residential, commercial, industrial, and agricultural lands, as well as building and other property classifications. This ensures a more equitable, transparent, and uniform basis for real property taxation and other government-related transactions. Moreover, the province-wide posting promotes transparency and public participation in the valuation process. It provides stakeholders the opportunity to understand how property values are determined and how these will impact assessments and local revenues. Ultimately, the implementation of the SMV aims to strengthen local fiscal administration while ensuring fairness and accountability in property valuation. All concerned are encouraged to review the posted SMV and coordinate with their respective Municipal Assessor’s Offices for any inquiries or clarifications.

Genie Lou T. Maybuena