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View Full Version : Plate renewal brings needed money



NewsWhore
07-31-2007, 05:10 PM
Santo Domingo Mayor Roberto Salcedo wants Congress to allot some of the revenue generated by the significant increases in license plate renewals to city works, including paving of streets, city electrification and maintenance of city trees and parks. He estimated that the license plate renewals could bring RD$500 million worth of revenue to Santo Domingo because most of the country's cars are located in the capital, as reported in Diario Libre. Salcedo says that the new municipal law establishes new responsibilities for the city hall, but doesn't specify where the funds needed to carry these out will come from. Hoy explains that the new municipal law makes city governments responsible for maintaining city roads and building electricity infrastructure. Furthermore, Salcedo points out that any given day 400,000 people enter the city of Santo Domingo from other municipalities and use its services. He says the present laws do not take this floating population into account and advocates changes to Law 3456 that governs the city of Santo Domingo.
In 2006 the Tax Department (DGII) collected RD$902.4 million in plate renovations and next year the collections will be higher due to the significant price increases.

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