Department of Finance - Newshttp://tcgwww.taipei.gov.tw/mp.asp?mp=103002Department of Finance - NewsenFri, 26 May 2017 05:35:17 GMT20 The Open Tender for the 2nd Short-Term Borrowing of Taipei City’s Debt Fund in Fiscal Year 2017 is Successfully Processed, Saving About NT$109 Million Interest Expense 2.16.886.101.90003.20002.20004 Mon, 22 May 2017 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw300819531 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Mon, 22 May 2017 16:00:00 GMT-Fri, 22 May 2020 16:00:00 GMT 2.16.886.101.90003.20002.20004 Mon, 22 May 2017 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10 The 2nd Short-Term Borrowing of Taipei City’s Debt Fund in 2017 The Invitation to Bid for The Project of “The Creation of Superficies for 13 lands, Including 3rd Subsection, Gongyuan Sec., Zhongzheng Dist., Taipei City (former site of City Council)” Was Republished on May 11th, Welcoming All Investors to Join 2.16.886.101.90003.20002.20004 Tue, 16 May 2017 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw298667563 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Tue, 16 May 2017 16:00:00 GMT-Sat, 16 May 2020 16:00:00 GMT 2.16.886.101.90003.20002.20004 Tue, 16 May 2017 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10 The Creation of Superficies for 13 lands TCG Hosting“The Living Justice Forum II” Had Great Response. Related Suggestions Will Be Included In The Follow-Up Policies Evaluation Reference. 2.16.886.101.90003.20002.20004 Wed, 19 Apr 2017 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw288821548 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Wed, 19 Apr 2017 16:00:00 GMT-Sun, 19 Apr 2020 16:00:00 GMT 2.16.886.101.90003.20002.20004 Wed, 19 Apr 2017 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10 “The Living Justice Forum II” Had Great Response TCG’s Outstanding Debt Reduced NT13.46 Billion in 2016, Show Highly Debt Management Performance 2.16.886.101.90003.20002.20004 Thu, 30 Mar 2017 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw281741664 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Thu, 30 Mar 2017 16:00:00 GMT-Mon, 30 Mar 2020 16:00:00 GMT 2.16.886.101.90003.20002.20004 Thu, 30 Mar 2017 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10 TCG’s Outstanding Debt Reduced NT13.46 Billion in 2016 Taipei City Government Won the First Place Honor in the National Evaluation of the Performance of Financial Affairs 2.16.886.101.90003.20002.20004 Thu, 23 Feb 2017 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw270395033 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Thu, 23 Feb 2017 16:00:00 GMT-Sun, 23 Feb 2020 16:00:00 GMT 2.16.886.101.90003.20002.20004 Thu, 23 Feb 2017 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10 Taipei City Government Won the First Place Honor The Open Tender for the Sixth Short-Term Borrowing of Taipei City’s Debt Fund in Fiscal Year 2016 is Successfully Processed, Saving About NT$195 Million in Interest Expense. 2.16.886.101.90003.20002.20004 Sun, 27 Nov 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw241419247 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Sun, 27 Nov 2016 16:00:00 GMT-Wed, 27 Nov 2019 16:00:00 GMT 2.16.886.101.90003.20002.20004 Sun, 27 Nov 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10 The Sixth Short-Term Borrowing of Taipei City’s Debt Fund in Fiscal Year 2016 The Invitation to Bid for The Project of “The Creation of Superficies for 13 lands, Including 3rd Subsection, Gongyuan Sec., Zhongzheng Dist., Taipei City (the former site of City Council)” Was Republished on July 11th, 2016. Welcome All Investors to Join. In order to boost the development of public lands, the Invitation to Bid (ITB) for the project “The Creation of Superficies for 13 lands, Including 3rd Subsection, Gongyuan Sec., Zhongzheng Dist., Taipei City (the former site of City Council)” was republished by Taipei City Government (TCG) on July 11th, 2016, and the base price of royalty is NT$ 2.8088 billion. According to the Department of Finance (DOF) of TCG, “The Implementation Directions of the Creation of Superficies of City-Owned Land” was amended and the maximum allowable land rent increase of the projects developed in the form of creation of superficies was set to facilitate investors’ financial evaluations and reduce their financial risks. The creation of superficies for the former site of City Council will be the first development project applicable to the amendment, which will be effective since July 1st, 2016.

The DOF said that, the portion of the floor area in the cultural tourism section reserved for the TCG at no cost was reduced from 40% to 20%. TCG will establish the Taipei Museum of History (the Examination Hall Monument, Taipei Images, and the City Council Historical Gallery included) in the area. The modification on the tender requirement was expected to provide more incentives to invest. The other 20% of the floor area in the cultural tourism section was planned to be used for nonprofit organizations’ offices and related facilities (Cultural exchange space, performance hall,exhibition room, meeting rooms, seminar rooms, lounge, cultural tourism information desk and other auxiliary facilities included). The base price of royalty was increased from NT$ 2.6 billion to NT$2.8088 billion.

In addition, the rights and obligations between investors and the TCG regarding co-management of the area has been clarified and illustrated in the conditions of tender. The DoF has appointed professional firms to draft transplant and restoration plans for the protected trees within the site in correspondence to “Taipei City’s Self-governance Article on Tree Protection”, and is expected to be submitted to the city’s Tree Protection Committee for approval soon.

The tender will be closed by 11:00 a.m. on September 8th, 2016, and the qualification review will be conducted at 2:00 p.m. Welcome investors with interest to join. For buying the tender documents, please contact the city government’s Unified Bidding Center (UBC) of the TCG. The UBC is located at the 3rd Floor, Southwest Wing, No. 1, City Hall Rd., Xinyi District, Taipei City until July 22nd, 2016, and will be relocated to the 2nd Floor, South Wing, No. 1, City Hall Rd., Xinyi District, Taipei City after July 25th, 2016. The tender notices and appendixes are now on the Chinese version website of the UBC (http://ubc.gov.taipei/) and the DOF (http://www.dof.taipei.gov.tw/).

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2.16.886.101.90003.20002.20004 Tue, 02 Aug 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw209164157 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Wed, 03 Aug 2016 02:25:00 GMT-Fri, 02 Aug 2019 16:00:00 GMT 2.16.886.101.90003.20002.20004 Tue, 02 Aug 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10 The Creation of Superficies for 13 lands
Taipei City Government Performed Well in Broadening Revenue Sources and Reducing Expenditure 2.16.886.101.90003.20002.20004 Sun, 17 Jul 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw203954316 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Sun, 17 Jul 2016 16:00:00 GMT-Wed, 17 Jul 2019 16:00:00 GMT 2.16.886.101.90003.20002.20004 Sun, 17 Jul 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10 Taipei City Government Performed Well Some TCG Offices Will Be Moved into the Taipei Twin Towers of Wanhua Station by the End of September, 2016, Highlighting the “Zhongzheng-Wanhua Renovation Project” 2.16.886.101.90003.20002.20004 Sun, 17 Jul 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw203953149 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Sun, 17 Jul 2016 16:00:00 GMT-Wed, 17 Jul 2019 16:00:00 GMT 2.16.886.101.90003.20002.20004 Sun, 17 Jul 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10 TCG Offices Will Be Moved into the Taipei Twin Towers Taipei City Government Will Review and Propose Reasonable Land Rent Adjustment Mechanism in Response to the Increased Announced Land Value 2.16.886.101.90003.20002.20004 Wed, 15 Jun 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw193200808 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Wed, 15 Jun 2016 16:00:00 GMT-Sat, 15 Jun 2019 16:00:00 GMT 2.16.886.101.90003.20002.20004 Wed, 15 Jun 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10 Taipei City Government Will Review and Propose Reasonable Land Rent Taipei City Government’s Clarification on the Deliberation on Reducing Taxes on Luxury Residences 2.16.886.101.90003.20002.20004 Wed, 15 Jun 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw193200674 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Wed, 15 Jun 2016 16:00:00 GMT-Sat, 15 Jun 2019 16:00:00 GMT 2.16.886.101.90003.20002.20004 Wed, 15 Jun 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10 Deliberation on Reducing Taxes on Luxury Residences The Invitation to Bid for the Project of Former City Council Will Be Republished after Reviewing the Maximum Allowable Land Rent Increase and Clarifying Rights and Obligations between Investors and Taipei City Government The Invitation to Bid (ITB) for the project of former city council expired yesterday (May 3, 2016). The bid failed due to a lack of bidders. According to the Department of Finance (DoF) of Taipei City Government (TCG), a special meeting was called to evaluate the situation and propose amendments to “The Implementation Directions of the Creation of Superficies of City-Owned Land”. The maximum allowable land rent increase of the projects developed in the form of creation of superficies will be set to facilitate investors’ financial evaluations and reduce their financial risks.

In the project, the successful tenderer was asked to reserve a portion of the floor area for TCG at no cost. Half of the area would be used to build the Taipei City Museum operated by TCG (The Examination Hall Monument, exhibition area, and the City Council Historical Gallery are included). The other half of the area would be used for NGO headquarters. In consideration of the co-management problem, the rights and obligations between investors and TCG will be clarified in the conditions of tender.

Under the regulation of “Taipei City Property Management Act”, the DoF also evaluated the possibility of preferentially entrusting the operation and management of the floor area reserved for NGOs to the investors. The Invitation to Bid for the project will be republished after the” The Implementation Directions of the Creation of Superficies of City-Owned Land” is amended. Welcome all investors with interest to join then.

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2.16.886.101.90003.20002.20004 Tue, 10 May 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw181432624 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Tue, 10 May 2016 16:00:00 GMT-Fri, 10 May 2019 16:00:00 GMT 2.16.886.101.90003.20002.20004 Tue, 10 May 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10 The Invitation to Bid for the Project of Former City
The Second Panel of Public Comparison of Offers for the Short-term Loans of Taipei’s Debt Service Fund Saved Taipei City Government NT$ 80 Million Interest Expense 2.16.886.101.90003.20002.20004 Sun, 01 May 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw178781999 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Sun, 01 May 2016 16:00:00 GMT-Wed, 01 May 2019 16:00:00 GMT 2.16.886.101.90003.20002.20004 Sun, 01 May 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10 Debt Service Fund Saved NT$ 80 Million Interest Expense Clarification: Central Government’s Principles for Providing Grants-in-aid for the Delinquent Debt in Labor and Health Insurance Are Consistent in Taipei and Kaohsiung 2.16.886.101.90003.20002.20004 Tue, 26 Apr 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw177722565 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Wed, 27 Apr 2016 07:55:00 GMT-Fri, 26 Apr 2019 16:00:00 GMT 2.16.886.101.90003.20002.20004 Tue, 26 Apr 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10 Providing Grants-in-aid for the Delinquent Debt in Labor and Health Insurance The Illustration Meeting for “The Creation of Superficies for 13 Lands, Including 3rd Subsection, Gongyuan Sec., Zhongzheng Dist., Taipei city” Ended Successfully with a Great Attendance. 2.16.886.101.90003.20002.20004 Thu, 07 Apr 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw173264437 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Fri, 08 Apr 2016 09:10:00 GMT-Sun, 07 Apr 2019 16:00:00 GMT 2.16.886.101.90003.20002.20004 Thu, 07 Apr 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10 The Illustration Meeting ended Successfully with a Great Attendance. The Invitation to Bid for The Project of “The Creation of Superficies for 13 lands, Including 3rd Subsection, Gongyuan Sec., Zhongzheng Dist., Taipei City” was Republished. Welcome All Investors to Join. 2.16.886.101.90003.20002.20004 Tue, 15 Mar 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw166317309 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Tue, 15 Mar 2016 16:00:00 GMT-Fri, 15 Mar 2019 16:00:00 GMT 2.16.886.101.90003.20002.20004 Tue, 15 Mar 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10 The Creation of Superficies for 13 lands The Illustration Meeting for “The Creation of Superficies for 13 Lands, Including Subsection 3rd, Gongyuan Sec., Zhongzheng Dist., Taipei City” Will be held on 17th, March. Welcome All Investors to Join. 2.16.886.101.90003.20002.20004 Tue, 15 Mar 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw166316621 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Tue, 15 Mar 2016 16:00:00 GMT-Fri, 15 Mar 2019 16:00:00 GMT 2.16.886.101.90003.20002.20004 Tue, 15 Mar 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10 The Creation of Superficies for 13 Lands Taipei’s Outstanding Debt was Reduced by 16.6 Billion NTD in 2015, Presenting High Debt Management Performance 2.16.886.101.90003.20002.20004 Wed, 03 Feb 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw156855176 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Wed, 03 Feb 2016 16:00:00 GMT-Sun, 03 Feb 2019 16:00:00 GMT 2.16.886.101.90003.20002.20004 Wed, 03 Feb 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10 Taipei’s Outstanding Debt was Reduced by 16.6 Billion NTD in 2015 Taipei City Government Won the First Honor in the National Evaluation of the Performance of Financial Affairs 2.16.886.101.90003.20002.20004 Wed, 03 Feb 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw156855166 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Wed, 03 Feb 2016 16:00:00 GMT-Sun, 03 Feb 2019 16:00:00 GMT 2.16.886.101.90003.20002.20004 Wed, 03 Feb 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10 First Honor in the National Evaluation of the Performance of Financial Affairs Taipei City Government Actively Use Financial Strategies to Improve Debt Management Performance Taipei City Government (TCG) establishes and executes financial strategies for broadening sources of revenue and reducing expenditure to consolidate government’s debt structure. The strategies cover enforcing tax collection, implementing a rational user charge policy, enhancing treasury transferring and reducing interest costs of debt burdens. The participation of the private sector in the urban development projects and infrastructure adoption plans is also included to raise the required amount of funding and achieve government’s risk and cost objectives.

The Department of Finance (DoF) of TCG points out that TCG will strictly manage the limit of indebtedness and the outstanding debt in accordance with the Public Debt Act. 5% of the tax collected this year will be scheduled for the budget to pay off debts, and the city will also coordinate annual revenue and surplus from the previous year to pay off the debts additionally depending on the financial situation.

The total debt amount has been reduced by 18.2 billion NTD at the end of 2014. The DoF explains that the scheduled budget for paying off debt was 6.6 billion NTD. Furthermore, the successful tendering of development projects, the annual revenue and surplus from the previous year contributed to an 11.6 billion NTD additional budget to pay off debts.

In 2015, the total debt amount has been reduced by 8.6 billion NTD with a 6.6 billion NTD scheduled budget and a 2 billion NTD additional budget for paying off debt. The city’s outstanding debt was 146.8 billion NTD when Mayor Ko took office in 2014, and decreased significantly to NT$138.2 billion NTD at the end of 2015. It is estimated that a 1.4 billion NTD supplementary budget will be laid for TCG to reach the debt reduction goal of 10 billion NTD.

The DoF affirms that TCG will keep actively using financial strategies to improve debt management performance, control outstanding debt and consolidate city’s debt structure.

 

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2.16.886.101.90003.20002.20004 Sun, 17 Jan 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 http://tcgwww.taipei.gov.tw153479138 2.16.886.101.90003.20002.20004 2.16.886.101.90003.20002.20004 text/html Text 2.16.886.101.90003.20002.20004 en Sun, 17 Jan 2016 16:00:00 GMT-Thu, 17 Jan 2019 16:00:00 GMT 2.16.886.101.90003.20002.20004 Sun, 17 Jan 2016 16:00:00 GMT 2.16.886.101.90003.20002.20004 510 450 I10