Two funded projects have been fully paid for but cannot yet be used because the municipality ran out of funds and had to phase the remaining work.

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Original Audit Finding Excerpt

"MUNICIPALITY OF PULILAN BULACAN AGENCY ACTION PLAN and STATUS OF IMPLEMENTATION Audit Observations and Recommendations AUDIT OBSERVATIONS AUDIT RECOMMENDATIONS Unreliable Property, Plant and Equipment Account 1. The accuracy, valuation, existence, and completeness of the reported carrying value of the Property, Plant and Equipment (PPE) accounts totaling ®771,022,338.82 as of December 31, 2024 were not established due to (a) unreconciled PPE records between MAO and GSO in the amount of (b) Update PLCs and PCs to include complete acquisition details. 'P1,172,258,629.88 due to incomplete Recover missing records where possible. documentation and fragmented asset custodianship; |(c) Integrate the PPE custodianship and recording systems across (b)misclassification and understatement of MAO, GSO, MTO, and MEO to ensure unified, real-time asset Infrastructure project costs by ®18,860,822.39; and |tracking. (c) lack of supporting proof of ownership and (d) Institutionalize periodic recon"

Source Document