The municipality still had incorrect GSIS remittances, and its year-end Due to GSIS balance did not match the next month's remittance, so the reported liability could not be verified.

Why It Matters

Recommended Actions

• Direct the MA and HRMO to exert extra effort to trace back immediately the source of discrepancies noted and reconcile their records with the GSIS to effect the necessary adjustments in the books

Original Audit Finding Excerpt

"99 Audit Observation/ Recommendation Ref. Management Action/s Status of Implementation/ Reasons for Non- Implementation 7. The Municipality allocated and disbursed the Special Education Fund (SEF) totaling ₱30,657,105.14 in accordance with the prescribed allowable expenses provided by the Joint Circular No. I s, 2017 dated January 19, 2017 of the Department of Education (DepED)-DBM-DILG of the Revised Guidelines on the Use of SEF. However, documentary deficiencies on claims totaling ₱26,139,767.04 were noted, contrary to COA Circular No . 2012-001 dated June 14, 2012 and Section 17.2 and Annex H and the Consolidated Guidelines for Alternative Methods of Procurement of the 2016 IRR of RA No.9184. We recommended and the LCE agreed to (a) require the LSB to continuously prepare a balanced budget compliant with the legal and regulatory requirements on SEF budgeting, allocation and utilization; and (b) require the BAC and MA to submit the do"

Source Document