The municipality's Due to National Government Agencies account included over ₱1 million in old, unspent balances that had been sitting for more than ten years, and there were no records to explain what the money was for, which violates COA rules.

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 ₱14,018,589.05, ₱1,049,028.32 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