What percentage of the proceeds from the basic real property tax must be distributed among the component barangays of the cities?

The correct answer indicates that 30% of the proceeds from the basic real property tax must be distributed among the component barangays of the cities. This distribution is mandated by local government code provisions, which aim to ensure that barangays receive a fair share of revenue generated from property taxes in their jurisdiction. This funding is crucial, as it allows barangays to enhance local services, improve infrastructure, and support community programs.

Understanding this percentage is essential for local treasurers and government officials who are involved in budgeting and financial planning at the barangay level. The allocation is designed to support local governance and empower smaller administrative divisions, ensuring that they benefit from the resources generated within their areas.