As it celebrates its second anniversary Tuesday, September 17, the Integrated Bus Terminal (IBT) Night Market in Divisoria reports an impressive collection of P3,769,690 during the in the last 11 months, surpassing the P3,314,230 collection recorded during the first year of its operation.

IBT Supervising Operations Chief Rafael Derick Evangelista said the P3.7M is the cumulative collection from October 1-December 31, 2023 and January 1 – August 31, 2024 or a period of 11 months. The collection includes rental fees of P3,098,240 and parking fees of P671,450.

During the first year of its operation, the IBT Night Market collection totaled P3.3M covering the period Sept. 16 to Dec. 31, 2022 to January 1- Sept. 30, 2023. The amount included rental fee collection of P2,639,400 and parking fee collection of P674,830.

Combining the first and second year collections, the total amount revenues reached P7,083,920 of which P5,737,640 were rental fees and P1,346,280 were parking fees.

Evangelista said the sustained revenue collection performance is credited to the joint effort of the IBT and City Treasurer’s Office personnel under Mam Romelito Candido, whose hard work and commitment help ensure accurate collection of fees. (CMO-PIO)