Lipa's Revenue Increased by 182.8M in 2020

Despite the pandemic which started last year, Lipa generated a Total Income of 2.3B pesos which is 182.8M higher than 2019 as per COA. Total Assets of the city also grew by almost 213M which is now at 5.2B while Liabilities has decreased by 287.2M from 2019. Total expenses has increased by 175.3M for a total of 1.8B last year.

Lipa is approximately at #10 among cities of CALABARZON with highest revenue where Antipolo, Calamba, Batangas City, Dasmarinas and Sta Rosa are usually on top. Seven more cities are not yet reflecting in the audit which includes Sta Rosa and Calamba.

For details of the audit by COA: https://www.coa.gov.ph/.../2020/category/9154-batangas

Lipa Remains Most Populated in Batangas | Philippine Census

As expected, Lipa City is still on top of the most populated in Batangas province with 372,931 population as of 2020 by Philippine Statistics Authority. It is followed by the capital city of Batangas with 351,437 and Sto Tomas City on third spot with 218,500.

Lipa City snatched the top rank as most populated in 2015 by only 2,512 variance from Batangas City but after five years the margin went higher by more than 21,000. Lipa's increase from 2015 was more than 40,000 or 12.2%. The ranking of the top 5 cities and municipalities is the same from 2015.

The whole Batangas province has a total of 2.9M population in 2020 which is more than 200K increase from 2015.

source: PSA