The municipality is holding over ₱1 million in funds from national agencies that have been sitting unused for more than 10 years, and there are no records to explain them.

Why It Matters

Recommended Actions

• The MA, in coordination with other Municipal Offices to exert efforts in identifying the source of funds for the unexpended balances totaling ₱1,049,028.32. Otherwise, prepare the necessary documents to request a write-off from the books as prescribed under COA Circular No. 2016-005, if warranted
• And

Original Audit Finding Excerpt

"Inquiry with the MA disclosed that the Municipality had no records to support and provide information on the se receipts such as date of receipt, contract, Memorandum of Agreement or Understanding governing the utilization of funds and disposition of any balance thereof after completion of the intended project. Consequently, these balances have remained dormant and remained in the books for 10 years."

Source Document