Incomplete Utilization of Allotments and Disbursements
Department of Public Works and Highways · 2024
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What Happened?
Category: Financial ManagementIssue: Budget UtilizationThe department did not use about 11.94% of its available budget, and even the budget it committed was not actually paid out, with 39.35% still unpaid at year-end.
Why It Matters
Recommended Actions
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Original Audit Finding Excerpt
"The DPWH was able to obligate P1,237,076,083,045.92, or 88.06 percent, of the total allotments of P1,404,866,246,294.76 received in CY 2024, leaving an unobligated or unutilized balance of P167,790,163,248.84 or 11.94 percent. Of the total obligated amount, only P750,294,160,520.54, or 60.65 percent, was disbursed, leaving an undisbursed balance of P486,781,922,525.38, or 39.35 percent, as at year-end."
