Subic Bay Freeport—Neighboring local government units (LGUs) around this premier free port received their revenue share of ₱143 million from the Subic Bay Metropolitan Authority (SBMA).
SBMA Chairman and Administrator Eduardo Jose L. Aliño explained that the revenue shares accorded to neighboring LGUs are given to seven municipalities and a city surrounding Subic Bay Freeport (SBF) to supplement their development funds in communities as well as enhance LGU projects in tourism, infrastructure, education, peace and order, health, and livelihood generation.
Aliño also shared that the amount is determined according to 50 percent population, 25 percent land area, and 25 percent equal sharing.
Olongapo City received the biggest chunk with ₱33.48 million as the most populated LGU, followed by Subic, Zambales at ₱21.48 million; Dinalupihan, Bataan at ₱17.83 million; and San Marcelino, Zambales at ₱17.19 million.
Meanwhile, Hermosa, Bataan received ₱15.33 million; Castillejos, Zambales at ₱13.02 million; Morong, Bataan at ₱12.66 million; and San Antonio, Zambales at ₱12.17 million.
According to the SBMA Accounting Department, the amount released accounted for two percent out of the five percent tax on gross income paid for by freeport locators from July to December 2024. The other three percent of the taxes paid are remitted directly to the national government.
The LGU shares are released bi-annually–the first-semester collection is released in August, while the second-semester collection is released in February of the following year.