The town kept more than one million pesos of unspent national government money for over ten years but had no records showing where it came from.

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

"Of the reported year-end balance of the Due to NGAs account amounting to P14,018,589.05, P1,049,028.32 comprised of dormant unexpended balances that had been held by the Municipality for over 10 years due to the absence of relevant records in violation of COA Circular no. 2012-001 dated June 14, 2012"

Source Document