The Land Transportation Office (LTO) has collected P986.5 million revenue from penalties paid by those apprehended for various traffic violations across the country from the first semester of 2024.
LTO Chief, Assistant Secretary Atty. Vigor D. Mendoza II said the revenue collection from fines and penalties is an offshoot of the instruction of Department of Transportation (DOTr) Secretary Jaime J. Bautista to strictly implement traffic laws to ensure safety of all road users.
“The almost P1 billion collection from fines and penalties alone is a result of the hard work of our law enforcers and other personnel on the ground. We cannot achieve this without their dedication and commitment to ensure road safety,” said Assec Mendoza.
Based on the LTO data, a total of 330,073 motorists were apprehended nationwide from January 1 to June 30 this year for various offenses, as a result of the order of Assec Mendoza to intensify road safety measures and ensure road courtesy and discipline.
Not all of those apprehended already settled the fines and penalties but based on the LTO data, a total of P986.5 million were already collected from January 1 to June 30 this year.
“Inaasahan nating mas tataas pa ito as soon as mag-settle ng penalties and fines ang mga nahuli. Kaya we are asking them to settle on time because failure to do so would only result in the payment of higher fines and penalties. In short, mas malaki ang babayaran na,” said Assec Mendoza.
“As much as possible, we in the LTO do not want motorists to pay any fine or penalty. But in the interest of the rule of law and road safety, we have to do this if this is what it takes to compel them to be disciplined and behaved while on the road,” he added.
The LTO’s revenue collection target for 2024 is P33 billion.
And Assec Mendoza is confident that it is achievable since from January 1 to May 30 this year, the LTO has already recorded P17.9 billion which is P34% higher for the same period in 2023.
Aside from fines and penalties, other revenue sources of the LTO include motor vehicle user charges and driver’s license transactions.
Assec Mendoza also assured the public of full transparency in the collection and remittance to the national treasury as he stressed that good governance is the core concept of Bagong Pilipinas’ brand of service under President Ferdinand “Bongbong” Marcos, Jr.
