Historical Background:
On June 12, 1957, Republic Act No. 1972 was passed into law creating the town of IBUNG.
The front view of the municipal town hall
Two years later, on June 21, 1959, Republic Act No. 2515 was enacted, changing the name of the town from IBUNG to VILLAVERDE in honor of Father JUAN VILLAVERDE who, in 1872, was instrumental in the creation of the town of Ibung.
Villaverde started transacting business as a town on September 1, 1957. Hence, the municipality celebrates its founding anniversary every first day of September.
INCUMBENT AND PAST MUNICIPAL MAYORS
| NAME OF MUNICIPAL MAYOR | TERM OF OFFICE | REMARKS |
| Atty. Ronelie DP. Ubando-Valtoribio | 2010-Present | Elected |
| Engr. Esmenio S. Bajo | 2007-2010 | Re-elected |
| 2004-2007 | Re-elected | |
| 2001-2004 | Elected | |
| Rodrigo S. Tabita, Sr. | 1998-2001 | Elected |
| Jose A. Legaspi, Jr., CPA | 1995-1998 | Re-elected |
| 1992-1995 | Elected | |
| Engr. Esmenio S. Bajo | 1988-1992 | Elected |
| Evangeline G. Tiongson | December 1987-February 1988 | Appointed |
| Engr. Esmenio S. Bajo | April 1986-November 1987 | Appointed |
| Tomas de Guzman | January 1986-April 1986 | Succession |
| Romualdo A.Bediones, Sr. | 1971-1986 | Elected |
| Antonio B. Aquino | 1967-1971 | Re-elected |
| 1963-1967 | Elected | |
| Romualdo D. Ubando | 1959-1963 | Elected |
| Antonio B. Aquino | 1957-1959 | Appointed |
Location About 280 kilometers from Manila and 14 kilometers from the capital town of Bayombong; lies on the northern district of the province and is bounded by Lamut, Ifugao on the North; Solano on the South; Bagabag on the East, and Ambaguio on the West
- Land Area 8,150 hectares (per DBM)
- Income Classification = 5th Class Municipality
- Population 18,235 (2010 projected population) with 4,130 households. Its population is composed of Ilocanos, Ifugaos, Tagalogs and migrants from other parts of the country.
- Religion Roman Catholic (dominant), Iglesia Ni Cristo, United Methodist Church, UCCP, Evangelical and Other Denominations
- Population Density 2.24 persons per hectare
- Political Subdivision = 9 Barangays with 5 Lowland and 4 upland
- Land Use Agricultural – 59.99%; Forest – 38.04%; Residential – 1.46%; Commercial – 0.04%; Industrial – 0.10 % and Others – 0.37%
- Educational Institutions 11 Day Care Centers (Public); 12 Pre-Schools (9 Public, 3 Private); 12 Elementary Schools (11 Public, 1 Private); 2 High Schools (1 Public, 1 Private)
- Health Facilities 1 Main Health Center with 9 Barangay Health Stations
- Transportation Jeep and Tricycle
- Communication = Suncell, Globe, and Smart Cellular Satellites
- BARANGAYS (Bintawan Sur, Bintawan Norte, Poblacion, Ibung, Nagbitin, Sawmill, Cabuluan, Ocapon and Pieza)